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ArcSight, Inc.

Type	Public (NASDAQ: ARST)
Founded	Cupertino, California, USA (2000)
Headquarters	Cupertino, CA
Key people	Tom Reilly, President and CEO Stewart Grierson, CFO Hugh Njemanze, CTO, EVP of R&D Anya Yudin-Baehrle, CIO Kevin Mosher, SVP Reed T. Henry, SVP Joni Kahn, SVP
Industry	Security management
Revenue	▲$101.5 million USD (2008)
Employees	400 (2009) [9]
Website	http://www.arcsight.com

ArcSight NASDAQ/ARST, founded in 2000, is a technology corporation that sells security management products. Headquartered in Cupertino, California, United States. ArcSight customers aim to comply with corporate and regulatory policy, safeguard their assets and processes, and control risk. ArcSight's Security Information and Event Management (SIEM) platform collects and correlates user activity and event data. This is used by many of the world's largest enterprises to rapidly identify, prioritize and respond to compliance violations, policy breaches, cyber attacks, and insider threats.

History

Front view of ArcSight headquarters in Cupertino, Calif.

ArcSight was formed and launched by SVIC, LLC, a technology company creation firm that recognized the industry need for enterprise security management. Operating as a subsidiary of SVIC, ArcSight received early funding from Kleiner Perkins Caufield & Byers, Integral Capital Partners, SVIC and In-Q-Tel, the not-for-profit investment firm launched by the Central Intelligence Agency (CIA) in 1999. ArcSight had its initial public offering (IPO) through Morgan Stanley on Valentine's Day in 2008. It was the only Silicon Valley company to enter Nasdaq at a time when few other technology companies ^[1] went public with their stock.

The company was co-founded by Hugh Njemanze, who was previously the CTO at Verity. It originally was called Wahoo Technologies ^[2] and was an early Web 2.0 platform company. Feedback from initial customers instead led to development of an analysis and correlation engine for security events and the company was re-badged as ArcSight in 2001. Njemanze's total compensation after eight years at ArcAight reached $592,280.00 ^[3] with about half in salary. He has registered several patents since 2007 such as US7376969 - Real time monitoring and analysis of events from multiple network security devices.^[4] Tom Reilly was appointed to be CEO in 2008 with compensation of $1,735,897.00^[5] including $225,000.00 in "Non-equity incentive plan compensation". The former CEO Robert Shaw retired^[6] from his role effective October 1, 2008 citing health reasons^[7]. The company has had numerous changes to its top executives since at least 2005^[8].

Products

The company's primary revenue is derived from security management products designed for companies and large organizations -- i.e. enterprise software. It describes itself as a product company "versus pure consulting (i.e. winning and salesmanship is important)".[10]

Customers

ArcSight claims more than 1,200 organizations including 20 U.S. federal agencies have purchased their products at some time. Their customer list includes: Defense Information Systems Agency (DISA), U.S. Securities and Exchange Commission (SEC), Verizon Communications, Bank Leumi, Energis, Sumitomo Corporation, Unisys, The Bank of Tokyo-Mitsubishi UFJ, Cable & Wireless, United States Department of Health and Human Services, Priority Health, the United States Federal Reserve, Xerox, McAfee, HealthSouth, Union Bank of California, Harris Corporation, Capital Blue Cross, Research In Motion, United States Dept. of the Treasury, United States Army and Telindus.

Contributed Content

Financial Times

• "Businesses can spot cybercrime – if they look for it", Tom Reilly [11]
• "Monitoring network users: a smart strategy in a difficult time", Tom Reilly [12]

Network World - Insider Threat Column

• "Identifying the source of corporate threats", Davi Ottenheimer[13]
• "Can we really stop malicious insiders?", Brian Contos[14]
• "Log management as a tool against insider threats", Davi Ottenheimer [15]

SC Magazine

• "On the tracks of medical data: Electronic records pressure", Davi Ottenheimer[16]

Help Net Security Portal

• "Combating the rising cybercrime trend with SIEM", Fabian Libeau[17]

External links

• ArcSight Website
• bizjournals ArcSight company profile[18]
• Renaissance Capital: IPO Stats [19]
• NYTimes Dealbook: IPO [20]

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