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Expel company logo
SOFTWARE (NON-INTERNET/MOBILE) | Security Software
expel.io

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Founded Year

2016

Stage

Series E | Alive

Total Raised

$257.8M

Valuation

$0000 

Last Raised

$140.3M | 2 mos ago

Revenue

$0000 

About Expel

Expel is a cybersecurity company that aims to decrease the burden of maintaining security systems for companies by offering 24x7 monitoring through its security operations center-as-a-service, integrating the security tools customers already use into its technology. It offers a combination of the Expel Workbench and Expel analysts monitoring the customer's environment 24/7 to detect, investigate and respond, remediate, and hunt for threats. When it confirms an incident, it recommends specific actions to resolve each issue. Customers get recommendations, based on their environment and past trends, so they can fix the root cause of recurring events or even prevent them from happening in the first place.

Expel Headquarter Location

12950 Worldgate Drive Suite 200

Herndon, Virginia, 20170,

United States

844-397-3524

Latest Expel News

$140m Series E funding takes Expel valuation to over $1bn

Nov 23, 2021

$140m Series E funding takes Expel valuation to over $1bn Written by Martin Whybrow 23rd November 2021 Detection and response (MDR) provider Expel has secured $140.3 million in Series E funding. The round was co-led by existing investors CapitalG, Alphabet’s independent growth fund and Paladin Capital Group. Expel is based in Herndon, Virginia CapitalG led the company’s $50 million Series D round in 2020 and Paladin led its $7.5 million Series A round in 2016. Expel was founded in 2016 and has secured $257.9 million in financing to date. The latest funding takes the firm’s valuation to over $1 billion. The Series E round included participation from new investors Cisco Investments and March Capital, plus existing investors Index Ventures, Scale Venture Partners and Greycroft. The company offers security monitoring and response for cloud, hybrid and on-premises environments. It uses existing security signals and connects to customer tech remotely through APIs. As such, it claims its security operations centre (SOC) can start monitoring a customer’s environment in a matter of hours, freeing up internal teams to focus on strategic security priorities that are specific to their business. Dave Merkel, CEO of Expel, says that over the last two years the company has scaled its platform to handle an 82% increase in security events each day. He claims his firm has also “doubled the number of technology partners and more than doubled the number of security investigations”.

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Expert Collections containing Expel

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Expel is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

963 items

C

Conference Exhibitors

5,302 items

C

Cybersecurity

4,969 items

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