Cybersecurity firm Arctic Wolf is something of a rarity among tech companies. Founded in Sunnyvale, California, in 2012, the company announced plans in October 2020 to relocate its global headquarters to Eden Prairie. Nick Schneider, Arctic Wolf’s president and chief revenue officer, says the team was attracted to the North Star State for its plethora of tech talent. He notes that the company’s Eden Prairie office, which opened in 2016, has become its largest office by employee count.
In 2020, with legions of white-collar workers trading cubicles for kitchen tables, Schneider says the company, which serves customers in all 50 states and parts of Canada, has seen a steady uptick in demand for cybersecurity services. “Cybersecurity is going to evolve as a result of what’s happened in the past year, and I think we’re well-positioned,” Schneider says. “People are realizing the ways in which they thought about security can change in an instant.” Raised in Eden Prairie, Schneider was Arctic Wolf’s first Minnesota-based employee, but he certainly won’t be the last: With a fresh $200 million Series E raise in hand, the company is looking to add scores of new workers. The Eden Prairie office, which employs around 250 now, will likely add about 150 more by year’s end, Schneider says.