Cortex Xpanse - About the company
Cortex Xpanse is an acquired company based in San Francisco (United States), founded in 2012 by Matt Kraning, Shaun Maguire and Joseph T Meyerowitz. It operates as a Solutions for network risk assessment and management. Cortex Xpanse has raised $159M in funding from IVP and TPG, with last known valuation of $*****. The company has 450 active competitors, including 59 funded and 29 that have exited. Its top competitors include companies like Proofpoint, SecurityScorecard and BitSight.
Company Details
Expanse provides solutions for network risk assessment and management. The product offered by the company is a cloud-based platform that provides solutions to remediate internet edge risks through continuous discovery, tracking, and monitoring. The features of the product include an expander that discovers & identifies the organization’s IP space and configurations, supply chain risk tracking, and compliance audit. It also performs network edge communication analysis to identify systems that are making risky connections to out-of-policy services. The clients of the company are PayPal, Allergan, Orrick, etc.
- Website
- expanse.co
- Social
- Registered Address
- Frisco, Texas
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Acquired
Total Funding
$159M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 11, 2020
Ranked
36th among 450 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
15 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Palo Alto Networks (Nov 11, 2020)
Legal entities associated with Cortex Xpanse
Cortex Xpanse is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EXPANSE COSMOS PRIVATE LIMITED CIN: U30911DL2023PTC413480 , India, Active | May 01, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
EXPANSE FINANCIAL GROUP, INC. CIN: 824499782 , United States, Active | Dec 26, 999 | - | 1 (As on Dec 31, 2024) | - |
QADIUM INC CIN: 455203086 , United States, Active | Dec 31, 1999 | - | 19 (As on Dec 31, 2020) | - |
Cortex Xpanse's acquisition details
Cortex Xpanse got acquired by Palo Alto Networks on Nov 11, 2020 at an acquisition amount of $*****.
Click here to take a look at Cortex Xpanse's acquisition in detail
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Cortex Xpanse's funding and investors
Cortex Xpanse has raised a total funding of $159M over 6 rounds. Its first funding round was on Aug 19, 2015. Its latest funding round was a Series C round on Aug 02, 2019 for $*****. 10 investors participated in its latest round. Cortex Xpanse has 11 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Cortex Xpanse:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 02, 2019 | 2099793 | Series C | 1112992 | 5080434 | 2489014 | 2050014 |
Aug 31, 2017 | 9434398 | Series B | 3539120 | 5655945 | 5402499 | |
Jun 05, 2016 | 8521526 | Series A | 9173053 | 1708542 | 4147649 |
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Cortex Xpanse's founders and board of directors
Founder? Claim ProfileHere are the details of Cortex Xpanse's key team members:
- Matt Kraning: Former Co-Founder of Cortex Xpanse and founder of 2 other companies, Indicator Fund and Qadium. They are also an angel investor in 5 startups.Contact Info: 2 email addresses
- Shaun Maguire: Former Co-Founder & Chairman of Cortex Xpanse and founder of 2 other companies, Escape Dynamics and Qadium. They serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Joseph T Meyerowitz: Former Co-Founder of Cortex Xpanse.
View details of Cortex Xpanse's Founder profiles and Board Members
Cortex Xpanse's employee count trend
Cortex Xpanse has 15 employees as of Sep 26. Here is Cortex Xpanse's employee count trend over the years:
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Cortex Xpanse's Competitors and alternates
Top competitors of Cortex Xpanse include Proofpoint, SecurityScorecard and BitSight. Here is the list of Top 10 competitors of Cortex Xpanse, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Proofpoint 2002, Sunnyvale (United States), Acquired | Provider of cybersecurity solutions, services, and training for enterprise protection | $86M | 77/100 | |
2nd | SecurityScorecard 2013, New York City (United States), Series E | Provider of supply chain detection and response and risk management | $292M | 73/100 | |
3rd | BitSight 2011, Boston (United States), Series E | Provider of cyber risk intelligence and exposure management solutions powered by AI | $398M | 71/100 | |
4th |  Reco 2020, New York City (United States), Series B | AI based sensitive data management software | $85M | 63/100 | |
5th | Nucleus 2018, Sarasota (United States), Series C | Integrated risk and vulnerability management platform | $86.1M | 61/100 | |
6th | UpGuard 2012, Mountain View (United States), Series C | Cloud based platform offering third party risk management software | $121M | 59/100 | |
7th | Provider of cyber exposure management platform and expert security services | $120M | 59/100 | ||
8th |  Blackbird 2017, Rochester (United States), Series B | Provider of a platform for narrative and risk intelligence solutions | $58M | 58/100 | |
9th |  Seemplicity 2020, Tel Aviv (Israel), Series B | Provider of a platform offering cyber risk and vulnerability assessment solutions | $82M | 57/100 | |
10th |  Whistic 2015, Provo (United States), Series B | Threat intelligence solutions provider | $51.1M | 56/100 | |
36th | Cortex Xpanse 2012, San Francisco (United States), Acquired | Solutions for network risk assessment and management | $159M | 48/100 |
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Cortex Xpanse's Investments and acquisitions
Cortex Xpanse has made no investments or acquisitions yet.
Reports related to Cortex Xpanse
Here is the latest report on Cortex Xpanse's sector:
News related to Cortex Xpanse
Filter this list•
Network security company "Palto Networks" announced the completion of the acquisition of Expanse36Kr•Dec 21, 2020•Cortex Xpanse, Palo Alto Networks
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Expanse Introduces Attack Surface Management for Amazon Web ServicesBusiness Wire•Dec 06, 2020•Cortex Xpanse, Amazon Web Services
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Exabeam Appoints Sherry Lowe as Chief Marketing OfficerBusiness Wire•Dec 01, 2020•Exabeam, Cortex Xpanse
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Palo Alto Acquisition Spree Continues With $800 Million Expanse DealInvestor's Business Daily•Nov 11, 2020•Palo Alto Networks, Cortex Xpanse
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Expanse Announces Addition of Tom Barsi as Vice President of Business DevelopmentBusiness Wire•Nov 02, 2020•Cortex Xpanse, VMware
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Expanse Appoints Kane Lightowler Chief Revenue OfficerBusiness Wire•Sep 22, 2020•Cortex Xpanse, Carbon Black
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Expanse Integrates with Palo Alto Networks Cortex XSOAR to Deliver Internet Operations ManagementGlobeNewswire•Apr 22, 2020•Cortex Xpanse, Palo Alto Networks
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Chris Aherne Named Smartsheet Regional VP of Federal SalesExecutiveBiz•Dec 17, 2019•Smartsheet, Cortex Xpanse
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