- Companies
- FireEye
FireEye Acquisition, Valuation, Funding & Investors
FireEye was acquired by Symphony Technology Group for $1.2B in June 2021, a 1.2x multiple on $990M of revenue.
FireEye acquisition price
$1.2B
Acquired by Symphony Technology Group · Jun 2021
FireEye revenue at acquisition
$990M
Last twelve months · Jun 2021
FireEye revenue multiple at acquisition
1.2x
EV/Revenue · Jun 2021
FireEye EBITDA multiple at acquisition
10.4x
EV/EBITDA · Jun 2021
About FireEye
FireEye is a cybersecurity company that stops advanced security threats traditional antivirus software cannot detect, including zero-day attacks and advanced persistent threats. The company later split into two independent businesses: a Products business covering network, email, endpoint, and cloud security, sold to a Symphony Technology Group-led consortium in 2021, and Mandiant Solutions, which provides controls-agnostic threat intelligence and incident-response services. FireEye grew under CEO Dave DeWalt before going public, reporting $161.6 million in revenue and roughly 500 employees at the time of its 2013 funding round.
Founded
2004
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription, Services
Revenue
$162M (Jan 2013)
Valuation
$1.3B (Jan 2013)
FireEye Acquisition
FireEye was acquired by Symphony Technology Group for $1.2B on 2 June 2021.
The acquisition price implies a 1.2x revenue and 10.4x EBITDA multiple on $990M of revenue.
Before the acquisition FireEye had raised $50M across 1 funding round.
FireEye, a cybersecurity company, announced on June 2, 2021, the sale of its FireEye Products business—which includes network, email, endpoint, and cloud security products along with the FireEye name—to a consortium led by Symphony Technology Group in an all-cash transaction valued at $1.2 billion before taxes and transaction-related expenses. The deal separates the Products business from FireEye's Mandiant Solutions, which focuses on controls-agnostic software and services including threat intelligence, allowing each to pursue independent growth strategies. The Products business and Mandiant Solutions will operate together until closing, expected by end of Q4 2021 pending regulatory approvals. The strategic rationale is to unlock value in the high-growth Mandiant business while enabling the FireEye Products business to prioritize cloud-first security investments under STG's portfolio, leveraging STG's expertise in software and cybersecurity carve-outs. FireEye CEO Kevin Mandia highlighted the separation's benefits for customer service and innovation focus. STG expressed enthusiasm for the mission-critical role of the Products business and plans to crystallize untapped opportunities. Advisors included Goldman Sachs and Wilson Sonsini for FireEye, and UBS, Jefferies, and Paul Hastings for STG.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 2 Jun 2021 | PE buyout | $1.2B | 1.2x | 10.4x |
FireEye Valuation
FireEye is currently valued at $1.3B, based on its Series E in January 2013.
The $50M round included Four Rivers Group, Icon Ventures, Juniper Networks, Vilicus Ventures, Norwest and 5 other investors.
FireEye valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2013 | Series E | $1.3B | 7.7x |
FireEye Revenue
FireEye's latest recorded revenue is $162M, as of its Series E in January 2013. At a $1.3B valuation, that implies a 7.7x revenue multiple.
FireEye revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2013 | $162M | $1.3B | 7.7x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
FireEye Funding History
FireEye has raised a total of $50M across 1 funding round.
FireEye funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2013 | Series E | Four Rivers Group; Icon Ventures; Juniper Networks; Vilicus Ventures; Norwest; Goldman Sachs; Sequoia Capital; Silicon Valley Bank; DAG Ventures; Wing Venture Capital | $50M | $1.3B | FireEye is a cybersecurity company that specializes in stopping advanced security threats that traditional antivirus software cannot detect, including zero-day attacks and advanced persistent threats. The company was founded by Dave DeWalt, former CEO of McAfee, who joined FireEye in November 2012 to lead a significant expansion and growth initiative. In October 2013, FireEye closed a $50 million Series funding round led by multiple venture capital and strategic investors including Sequoia Capital, Norwest Venture Partners, Juniper Networks, Goldman Sachs, DAG Ventures, Four Rivers Group, Icon Ventures, Silicon Valley Bank, Vilicus Ventures, and Wing Venture Capital. The round valued the company at $1.25 billion post-money, bringing total funding to $85.5 million. At the time of the round, FireEye reported fiscal 2013 revenue of $161.6 million, representing 94% year-over-year growth. The company employed approximately 500 people and announced plans to use the new capital to expand internationally and accelerate growth. FireEye was on track for an IPO and had notable strategic backing including an investment from In-Q-Tel, the venture-capital arm of the CIA. |
Who has invested in FireEye?
10 investors have backed FireEye across its funding rounds, including Sequoia Capital, Norwest, Goldman Sachs, Silicon Valley Bank, Wing Venture Capital and Icon Ventures.
FireEye Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
| 1 | Participant | Jan 2013 | ||
This data is available for Pro users. Sign up to see all 10 FireEye investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by FireEye
FireEye has acquired 9 companies to date.
Last acquisition by FireEye was on November 18th 2020. FireEye acquired Respond Software for $186M.
Latest Acquisitions by FireEye
| Description | Respond Software is a Mountain View, California-headquartered cybersecurity firm founded in 2016 providing automated threat protection. Its platform emulates expert analyst decisions for high-volume security operations, applying organizational knowledge to low-signal alerts in enterprise environments worldwide. | Cloudvisory is a cloud security platform founded in 2013, offering visibility and policy management for AWS, Azure, and VMware environments. Developed by experts from HP, Oracle, and AWS, the CSP automates compliance checks, threat detection, and access controls. Deployed in enterprises across North America, it addresses multi-cloud governance challenges. | Verodin is a cybersecurity validation platform that instruments environments to test detection and response across endpoints, networks, clouds, and email systems. Acquired by FireEye in 2020 and integrated into Mandiant, the Reston-headquartered solution previously served enterprises like banks and governments by proving control effectiveness through automated instrumentation. Launched in 2014, it enabled continuous security validation against threats including ransomware and advanced persistent threats. | The Email Laundry is a Belfast, Northern Ireland-based developer of cloud email security gateways protecting against phishing, malware, and data leaks. Serving managed service providers and SMEs across Europe, the service scans over 1 billion emails annually with AI-driven threat detection compliant to GDPR. The Email Laundry partners with Microsoft 365 and Google Workspace for seamless integration and offers archiving for legal holds. | |
| HQ Country | |||||
| HQ City | San Francisco, CA | Dallas, TX | Washington, DC | Kildare | |
| Deal Date | 18 Nov 2020 | 21 Jan 2020 | 28 May 2019 | 25 Apr 2018 | |
| Valuation | $186M | $13M | $260M | $4M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all FireEye acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by FireEye
FireEye has invested in 2 companies to date.
Latest investment by FireEye was on October 30th 2024. FireEye invested in MIND in their $11M Seed round.
Latest Investments by FireEye
| Description | MIND is a cybersecurity company offering an AI-powered data loss prevention platform. Headquartered in Tel Aviv, it automates sensitive data discovery, classification, and protection across SaaS apps, endpoints, emails, and on-premises systems. MIND's machine learning engine monitors data in real-time, prioritizing risks in cloud environments like Microsoft 365 and Google Workspace. The platform enables proactive remediation for enterprises in finance and healthcare. | ShieldX Networks is a Silicon Valley-headquartered cloud security platform acquired by Fortinet in 2020, providing microsegmentation and threat prevention for hybrid environments. Backed by investors including Bain Capital, Symantec, and FireEye, its solution deploys containerized defenses to protect workloads across AWS, Azure, and on-premises data centers for enterprises globally. | ShieldX Networks is a Silicon Valley-headquartered cloud security platform acquired by Fortinet in 2020, providing microsegmentation and threat prevention for hybrid environments. Backed by investors including Bain Capital, Symantec, and FireEye, its solution deploys containerized defenses to protect workloads across AWS, Azure, and on-premises data centers for enterprises globally. |
| HQ Country | |||
| HQ City | Seattle, WA | San Jose, CA | San Jose, CA |
| Deal Date | 30 Oct 2024 | 12 Dec 2017 | 20 Jun 2017 |
| Round | Seed | Series B | Series A |
| Raised | $11M | $25M | $9M |
| Investors | YL Ventures; CrowdStrike; ADT; Adobe | Aspect Ventures; Bain Capital Ventures; Symantec Ventures; Dimension Data; Ashar Aziz | Aspect Ventures; Bain Capital Ventures |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all FireEye investments and their VC round multiples. Start Free Trial | |||
FireEye Competitors
FireEye competitors include listed companies like Red Violet and Radware, and private ones like Glow, ShelterZoom, ThreatLocker and Torq.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.2B | - | ||
| Private | $24M | - | $1.2B | - | ||
| Publicly listed | $90M | $24M | $1.2B | 11.7x | ||
| Publicly listed | $302M | $20M | $1.3B | 3.4x |
FireEye Public Comps
FireEye is no longer listed, but its public comps include Eastcompeace Tech, Red Violet, Radware, DPtech, NSFOCUS, Secunet, BeiJing Certificate, CloudWalk, Yubico and Rapid7.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $197M | $26M | 4.8x | - | 36.4x | - | |||
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $302M | $20M | 3.6x | 3.4x | 56.1x | 23.2x | |||
| $182M | $25M | 5.3x | 4.9x | 39.0x | - | |||
| $379M | $37M | 2.6x | 2.4x | 26.1x | 25.6x | |||
| $528M | $86M | 2.8x | 2.6x | 17.3x | 16.3x | |||
| $125M | ($12M) | 6.7x | - | (70.9x) | - | |||
| $75M | ($75M) | 18.8x | 19.1x | (18.7x) | - | |||
This data is available for Pro users. Sign up to see all FireEye competitors and their valuation data. Start Free Trial | ||||||||
Common questions about FireEye
| When was FireEye founded? | FireEye was founded in 2004. |
| Where is FireEye headquartered? | FireEye is headquartered in United States. |
| Is FireEye publicly listed? | No, FireEye was acquired by Symphony Technology Group in June 2021. |
| Who acquired FireEye? | FireEye was acquired by Symphony Technology Group in June 2021. |
| How much was FireEye acquired for? | FireEye was acquired for $1.2B in June 2021, a 1.2x revenue multiple. |
| What is FireEye's valuation? | FireEye was last valued at $1.3B in its Series E in January 2013. |
| How much funding has FireEye raised? | FireEye has raised $50M across 1 funding round. |
| What was FireEye's last funding round? | FireEye's last funding round was a $50M Series E in January 2013. |
| Who are FireEye's investors? | FireEye's investors include Four Rivers Group, Icon Ventures, Juniper Networks, Vilicus Ventures, Norwest, Goldman Sachs, Sequoia Capital, Silicon Valley Bank, DAG Ventures and Wing Venture Capital. |
| What is FireEye's revenue? | FireEye's latest recorded revenue is $162M (January 2013). |
| What is FireEye's revenue multiple? | FireEye's latest valuation implies a 7.7x revenue multiple ($1.3B valuation on $162M of revenue). |
| Which companies are comparable to FireEye? | Companies comparable to FireEye include Glow, ShelterZoom, ThreatLocker, Torq, Red Violet and Radware. |
| How many companies has FireEye acquired? | FireEye has acquired 9 companies, including Respond Software, Cloudvisory, Verodin, The Email Laundry and X15 Software. |
| What was the largest acquisition by FireEye? | The $1.1B acquisition of Mandiant in January 2014 is the largest acquisition FireEye has made to date. |
| How many companies has FireEye invested in? | FireEye has invested in 2 companies, including MIND and ShieldX Networks. |
| What was FireEye's last investment? | In October 2024, FireEye invested in MIND's $11M seed round alongside YL Ventures, CrowdStrike, ADT and 1 other investor. |
See companies similar to FireEye
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




