SentinelOne is an American cybersecurity company that is listed on the New York Stock Exchange (NYSE). The company completed its initial public offering (IPO) on June 30, 20211. The company was founded in 2013 by Tomer Weingarten, Almog Cohen, and Ehud (“Udi”) Shamir. Weingarten serves as the company’s CEO.
SentinelOne’s solutions enable customers to deploy AI-powered threat detection, prevention, and response across their endpoints and cloud workloads. This explains why the demand for the company’s offerings is increasing, leading to impressive growth in its top line. What’s more, SentinelOne built a solid customer base. The company finished the previous quarter with 11,000 customers, a jump of 30% over the prior-year period. The number of customers with an ARR of more than $100,000 increased by 37% compared to the year-ago period, suggesting that SentinelOne’s customers are already spending more money on its offerings by adopting new solutions or increasing the usage of existing products. SentinelOne is growing at a much faster pace right now than the members of the peer group.