# Fortinet: portfolio, investments and team

> Fortinet is a corporate vc based in United States. 2 investments on record, latest Apr 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/fortinet (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Fortinet

Last cheque observed Apr 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Corporate VC

Series D Series E News Training Cyber Security

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **4226** days **00** hrs **00** min **00** sec

Median round **$34M** Rounds led **0 of 2**

Pitch Fortinet

## Fortinet highlights

- 01 2 rounds on record
- 02 Mostly Series D and Series E: 100% of its rounds

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** News Training Cyber Security
- **Based in:** Sunnyvale, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2015** 1 round
- **Apr** **[HyTrust](https://millionrounds.com/company/hytrust)** Series D · US **$25M** With 8 others
- **2014** 1 round
- **May** **[Centrify](https://millionrounds.com/company/centrify)** Series E · US **$42M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Companies it bought

Acquisitions by the firm itself

**[Meru Networks](https://millionrounds.com/company/meru-networks)** **$44M** May 2015

**Coyote Point Systems** **Undisclosed** Mar 2013

**[XDN/3Crowd Technologies](https://millionrounds.com/company/xdn-3crowd-technologies)** **Undisclosed** Dec 2012

**IntruGuard** **Undisclosed** Mar 2012

**TalkSwitch** **Undisclosed** Apr 2011

**[Woven Systems](https://millionrounds.com/company/woven-systems)** **Undisclosed** Aug 2009

**[Secure Element](https://millionrounds.com/company/secure-element)** **Undisclosed** Sept 2008

**[IPLocks](https://millionrounds.com/company/iplocks)** **Undisclosed** Jun 2008

## The cheque

Series D Series E

Median round joined **$34M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2015

Rounds by stage said on their site

- Series D *1*
- Series E *1*

Cheques by year Led Joined

2014 2015

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## Quick answers about Fortinet

### What does Fortinet invest in?

Fortinet invests most often at Series D and Series E (100% of the rounds on record), in sectors such as News, Training and Cyber Security.

### How active is Fortinet?

2 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2015.

### How big are Fortinet's cheques?

The median round it joins is $34M.

### Is Fortinet investing now?

No investments in the last 12 months; the latest was in Apr 2015.

### What kind of investor is Fortinet?

Fortinet is a corporate VC based in Sunnyvale, United States.

### When was Fortinet founded?

Fortinet was founded in 2000.

### Where does this information on Fortinet come from?

From public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=fortinet) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=fortinet)
