Cybersecurity company Arctic Wolf has announced two new members of its Board of Directors. Todd Ford, the current President, Finance and Operations of Coupa Software, has served on boards for companies such as HashiCorp, Inc. and 8×8 Inc., and Performant Financial Corporation. Jill Putman, the current Chief Financial Officer of Jamf Software, serves on boards of Queen’s Gambit Growth Capital, Dragoneer Growth Opportunities Corp III and Integral Ad Science, Inc.
“I am thrilled to welcome Todd and Jill to our Board of Directors, as we continue to meet the market’s demand for security operations, especially in the enterprise sector,” Nick Schneider, Arctic Wolf President and Chief Executive Officer, said in a release.. “Individually, each brings a unique set of experiences and expertise that will add tremendous leadership to our company. I am looking forward to Todd’s partnership as leader of the audit committee, and Jill’s expertise and insight as an audit committee member, as we accelerate toward our next phase of growth.”
In October 2020, Arctic Wolf announced a Series E raise of $200 million, a valuation of more than $1 billion, and a relocation of its HQ to Eden Prairie. Since then, the company has announced plans for European expansion and a new CEO. Shortly after the news of the raise, valuation, and relocation, then Arctic Wolf Chief Revenue Officer Nick Schneider was featured on The tech.mn Podcast to talk all things Arctic Wolf.
To learn more about the new Arctic Wolf board members, read the release below.
EDEN PRAIRIE, MN—January 27, 2022–Arctic Wolf®, a leader in security operations, today announced the appointment of two new independent members to the company’s Board of Directors, Todd Ford and Jill Putman, proven leaders in the technology and financial markets. Ford, currently president, finance and operations at Coupa Software, brings extensive executive and public company experience, serving on public company boards including HashiCorp, Inc. and 8×8, Inc and Performant Financial Corporation. Putman, currently the chief financial officer at Jamf Software, LLC., is an experienced leader in M&A and public company strategy and planning, serving on the boards of Queen’s Gambit Growth Capital, Dragoneer Growth Opportunities Corp III and Integral Ad Science, Inc.
“I am thrilled to welcome Todd and Jill to our Board of Directors, as we continue to meet the market’s demand for security operations, especially in the enterprise sector,” said Nick Schneider, president and chief executive officer, Arctic Wolf. “Individually, each brings a unique set of experiences and expertise that will add tremendous leadership to our company. I am looking forward to Todd’s partnership as leader of the audit committee, and Jill’s expertise and insight as an audit committee member, as we accelerate toward our next phase of growth.
In his current role at Coupa Software, Ford helped lead the company through their IPO and subsequent rapid growth as a leader in Business Spend Management. Prior to Coupa, Ford led MobileIron through an IPO, during his time as their chief financial officer. Ford is an experienced chair of audit committees, having served on several boards, including HashiCorp, 8×8 and Performant.
“As the threat landscape rapidly evolves, the need to end cyber risk is imminent. Arctic Wolf is rising to the challenge at scale and meeting the market demand,” said Ford. “The company is in rarified air in terms of business momentum, platform innovation, and demand, and I am excited to join a dynamic leadership team and help usher in the next chapter of Arctic Wolf’s journey.”
Putman led Jamf through their IPO in 2020, and currently leads the company’s investor relations, finance and accounting functions. Prior to Jamf, Putman served as chief financial officer of Kroll Ontrack, LLC. Previously, Putman was a key member of the financial leadership team leading acquisition integration and strategy at McAfee, following their acquisition of Secure Computing Corp.
“Arctic Wolf is well positioned to lead the charge in ending cyber risk for companies of every size, all over the world, by delivering security operations at scale,” said Putman. “The team has had a tremendous journey thus far, and I am honored to join them ahead of the next phase of growth.”
The Arctic Wolf Security Operations Cloud has scaled to meet demand across a global footprint. Built on an open XDR architecture, the platform has scaled to ingest, parse, enrich, and analyze over 1.6 trillion security events and 1.3 petabytes of data each week from over one million licensed users for more than 2,300 global customers. This momentum is driven by strong demand for the technology in the enterprise and mid-markets.
The company recently announced the location of its EMEA headquarters, following the opening of its first European security operations center in Frankfurt, Germany, and its official EMEA expansion in April 2021. Arctic Wolf also ascended to a leadership position on the IDC MarketScape: U.S. Managed Detection and Response Services for 2021. Arctic Wolf also was recognized as a top managed detection and response product by CRN in the 2021 Product of the Year Awards.
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About Arctic Wolf:
Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Powered by threat telemetry spanning endpoint, network, and cloud sources, the Arctic Wolf® Security Operations Cloud ingests and analyzes more than 1.6 trillion security events a week across the globe, enabling critical outcomes for most security use cases and optimizing customers’ disparate security solutions. Now deployed to more than 2,300 customers worldwide, the Arctic Wolf® Platform delivers automated threat detection and response at scale and empowers organizations of any size to establish world-class security operations with the push of a button.