Red Canary

Red Canary

Managed detection and response security provider

Overview

Red Canary provides managed detection and response (MDR) cybersecurity services for a wide range of industries. It collects high-fidelity telemetry to continuously monitor environments, using endpoint detection and response (EDR) and security operations to detect threats, with behavioral analytics, 24/7 expert threat investigation, and automated playbooks to accelerate response. It differentiates itself by aiming for measurable outcomes—reducing risk over time and improving security quickly—through constant monitoring and expert analysis. Its goal is to help clients strengthen their security posture with a subscription-based service that delivers ongoing protection and risk reduction.

Significant Headcount Growth

About Red Canary

Simplify's Rating
Why Red Canary is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

201-500

Company Stage

Series C

Total Funding

$129.9M

Headquarters

Denver, Colorado

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Zscaler acquisition integrates Red Canary's MDR with vast cloud security data.
  • Enterprise bookings surged 63% year-over-year to exceed $140M ARR in FY2025.
  • AI workflows enable 10x faster threat investigations for security teams.

What critics are saying

  • Zscaler integration erodes MDR expertise, driving customer churn to CrowdStrike.
  • Infostealer attacks overwhelm false positive filtering, damaging detection reputation.
  • Threat hunters exit to Mandiant amid Zscaler bureaucracy, spiking response times.

What makes Red Canary unique

  • Red Canary uses behavioral analytics and automated playbooks to filter false positives.
  • Managed Phishing Response delivers AI-powered triage for user-reported emails.
  • Security Data Lake cuts storage costs while enhancing compliance and investigations.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$129.9M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$81M
Red Canary
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Unlimited Paid Time Off

Parental Leave

Health Savings Account/Flexible Spending Account

Remote Work Options

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

7%

2 year growth

5%
Red Canary
Aug 19th, 2025
Respond faster and empower users with Red Canary Managed Phishing Response

That is why Red Canary Inc. is so excited to announce Managed Phishing Response, its new solution that provides AI-powered triage, rapid expert analysis, and tailored feedback for every user-reported phishing email.

Red Canary
Jul 1st, 2025
Red Canary CFP tracker: July 2025

Red Canary named a leader in g2's summer 2025 MDR reports - #1 in enterprise customer satisfaction.

Red Canary
Jun 26th, 2025
Contain identity threats automatically with Red Canary and Microsoft Entra ID

Red Canary named a leader in MDR.

SecurityBrief Australia
May 29th, 2025
Zscaler to acquire Red Canary to boost AI-powered security ops

Red Canary has been recognised for its contributions to managed detection and response, being named a Leader in the Forrester Wave: Managed Detection and Response for the third year running and featured in the Gartner Market Guide for MDR for the past seven years.

CyberScoop
May 27th, 2025
Zscaler Acquires Red Canary for AI Security

Zscaler announced its plan to acquire Red Canary to enhance its AI-driven security operations. The acquisition will integrate Zscaler's cloud security with Red Canary's expertise in Managed Detection and Response (MDR), aiming to create an AI-powered Security Operations Center. This move will leverage Zscaler's extensive data resources, enhancing threat detection and response capabilities. Red Canary will gain access to Zscaler's vast data, improving speed and accuracy in threat management.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Red Canary right now.

Find jobs on Simplify and start your career today

We update Red Canary's jobs every few hours, so check again soon! Browse all jobs →