Deepwatch

Deepwatch is a managed detection and response (MDR) provider that layers its own analytics platform and a 24/7 security operations center staffed by in-house analysts on top of a customer’s existing security stack — SIEM, EDR, and cloud logs — aimed at organizations that want continuous threat detection and response without building a full internal SOC.

Founded in 2019 and originally headquartered in Tampa, Florida, Deepwatch relocated its headquarters to Palo Alto, California in 2025 as part of a broader push upmarket. The company has raised roughly $256M to date, including a $180M round in February 2023 backed by Splunk Ventures, Vista Credit Partners, and ABS Capital, alongside earlier investment from Goldman Sachs — a notably deep and strategic investor base for an MDR vendor, given Splunk’s position as a leading SIEM platform.

Deepwatch operates in the crowded MDR market alongside providers like Arctic Wolf, Expel, and Red Canary. Its differentiation is a “Squad” delivery model — a small, consistent, named team of analysts assigned per customer rather than a rotating shift-based SOC — combined with close integration into the Splunk ecosystem via Splunk Ventures’ strategic stake.

The scale of Deepwatch’s institutional backing implies real investor diligence, but the company has not published independent, third-party-validated detection or response performance metrics (of the kind found in, for example, MITRE ATT&CK Evaluations) that would substantiate its efficacy claims beyond its own marketing.