When was Blue Coat founded?

Blue Coat was founded in 1996 and raised its 1st funding round 7 years after it was founded.

Where is Blue Coat located?

Blue Coat is headquartered in Sunnyvale, United States.

How many employees does Blue Coat have?

As of Mar 31, 2026, the latest employee count at Blue Coat is 212.

Is Blue Coat a funded company?

Blue Coat is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 18, 2003.

When was the latest funding round of Blue Coat?

Blue Coat's latest funding was a $***** PE round on Jun 23, 2006, with participation from 2 investors. Its primary sector is Cybersecurity. In United States, the Cybersecurity sector has seen $2.6B in funding in 2026 to date.

Where does Blue Coat rank among its competitors?

Blue Coat ranks 36th amongst 543 active competitors, of which 54 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Huntress, which secured $180M in Jun, 2024.

Who are the top competitors of Blue Coat?

Blue Coat's top competitors include Cisco, Rapid7 and Imperva. Among them, Huntress secured the most recent funding round in June, 2024.

Blue Coat - 2026 Company Profile, Team, Funding & Competitors

Blue Coat is an acquired company based in Sunnyvale (United States), founded in 1996 by Michael Malcolm and Doug Crow. It operates as an Enterprise security solution suite. Blue Coat has raised $55M in funding. The company has 543 active competitors, including 54 funded and 47 that have exited. Its top competitors include companies like Cisco, Rapid7 and Imperva.

Company Details

Blue Coat provides on-premise, hybrid and cloud-based solutions for protecting web connectivity, combating advanced threats and responding to security breaches in an enterprise. The product portfolio comprises of Web & Cloud Security, CASB, Advanced Threat Protection, malware & content analysis, email security, WAF, SSL, security analytics, incident response & network forensics and DLP. Thoma Bravo acquired Blue Coat Systems for $1.3B in 2011, resulting it to delist from NASDAQ. In 2015, Thoma Bravo sold it to Bain Capital for $2.4B.

Website: bluecoat.com
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Key Metrics

Founded Year

1996

Location

Sunnyvale, United States

Stage

Acquired

Total Funding

$55M in 2 rounds

Latest Funding Round

PE, Jun 23, 2006, $*****

Investors

Bain Capital Ventures & 5 more

Ranked

36^th among 543 active competitors

Employee Count

212 as on Mar 31, 2026

Investment & Acquisitions

Crossbeam Systems & 11 more

Similar Companies

Cisco & 596 more

Exit Details

Acquired by Symantec (Jun 12, 2016)

View Blue Coat's full profile

Blue Coat is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Blue Coat Systems, Inc CIN: 91-1715963 , United States, Active	Dec 31, 1995	-	1071 (As on Dec 31, 2016)	-

Blue Coat got acquired by Symantec on Jun 12, 2016.

Click here to take a look at Blue Coat's acquisition in detail

Blue Coat has raised a total funding of $55M over 2 rounds. Its first funding round was on Sep 18, 2003. Its latest funding round was a PE round on Jun 23, 2006 for $*****. 2 investors participated in its latest round. Blue Coat has 6 institutional investors.

Here is the list of recent funding rounds of Blue Coat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 23, 2006	3563466	PE	1498444	8740895	6291876	3185000
Sep 18, 2003	3305905	Series A	9048324	5294617	8957566	UBS

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View details of Blue Coat's funding rounds and investors

The founders of Blue Coat are Michael Malcolm and Doug Crow.

Here are the details of Blue Coat's key team members:

Michael Malcolm: Co-Founder of Blue Coat.
Doug Crow: Co-Founder of Blue Coat.
Contact Info: 1 email address

View details of Blue Coat's Founder profiles and Board Members

Blue Coat's employee count trend

Blue Coat has 212 employees as of Mar 26. Here is Blue Coat's employee count trend over the years:

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Top competitors of Blue Coat include Cisco, Rapid7 and Imperva. Here is the list of Top 10 competitors of Blue Coat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Greyrock Investments, Benson Family Private Equity ... & 27 others	83/100
2nd	Rapid7 2000, Boston (United States), Public	Provider of cybersecurity solutions for exposure management, threat intelligence, and response	$92.3M	Bain Capital Ventures, TCV & 4 others	77/100
3rd	Imperva 2002, Redwood City (United States), Acquired	Provider of application and data security solutions for threat protection	$54M	Meritech, Sprout Capital Partners & 6 others	77/100
4th	Quest Software 1987, Aliso Viejo (United States), Acquired	Provider of data management, cybersecurity, and platform modernization solutions for enterprises	$11.5M	Insight Partners, Fisher Lynch Capital & 3 others	74/100
5th	Dell Technologies 1998, Round Rock (United States), Public	Provider of a suite of cyber security solutions	-	Silver Lake, Temasek & 1 others	73/100
6th	Bitdefender 2001, Bucharest (Romania), Series B	Provider of cybersecurity software, threat intelligence, and managed security services	$7M	Vitruvian Partners, Axxess Capital & 1 others	73/100
7th	Barracuda 2003, Campbell (United States), Acquired	Cloud based network firewall solution for enterprise web and email	$176M	Francisco Partners, Sequoia Capital & 6 others	73/100
8th	Coro Cybersecurity 2014, Chicago (United States), Series D	Threat detection and prevention solution over wifi and cellular networks	$275M	JVP, Balderton Capital & 8 others	72/100
9th	Huntress 2015, Ellicott City (United States), Series D	Provider of managed security platform solutions for threat detection and response	$298M	Meritech, Sapphire Ventures & 9 others	71/100
10th	ZeroFOX 2013, Baltimore (United States), Acquired	Provider of digital risk protection, threat intelligence, and attack surface management	$154M	Redline Capital Management, SVB & 12 others	70/100
36th	Blue Coat 1996, Sunnyvale (United States), Acquired	Enterprise security solution suite	$55M	Bain Capital Ventures, Francisco Partners ... & 4 others	52/100

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Blue Coat has made 2 investments in companies including Appthority and Appthority. Blue Coat has also acquired 10 companies including Crossbeam Systems and Elastica .

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 02, 2017	Acquisition	Crossbeam Systems	1999	Boxborough (United States)
Jul 13, 2016	Investments	Appthority	2011	San Francisco (United States)
Jan 13, 2016	Investments	Appthority	2011	San Francisco (United States)