US cybersecurity company Arctic Wolf has established its Europe, Middle East and Africa headquarters in Newcastle.
Located in the city centre, it is anticipated that the new headquarters will bring hundreds of new jobs to the North East over the next three years, aiming to tap into the region’s growing pool of world-class technology talent.
To meet the accelerating demand the business is seeing for cloud-native security operations across the UK and Europe, Arctic Wolf will begin hiring 30 new roles for the office, set to open in 2022 in line with local COVID-19 guidelines.
Establishing a headquarters in the UK follows hot on the heels of the opening of the company’s first European Security Operations Centre in Germany in November 2021. Since opening for EMEA business in April 2021, Arctic Wolf has doubled its customer count quarter-on-quarter across the region, has established teams in four European countries (covering the UK, DACH, Benelux and the Nordic countries) and has onboarded over 60 new partners.
Arctic Wolf secured a $150 million series F financing round in July 2021, valuing the business at $4.3 billion.
Clare Loveridge, Arctic Wolf’s VP & GM for EMEA, commented: “The UK economy is rebounding from the impact of the pandemic, and central to that growth are the technology and security requirements that businesses must implement to support hybrid operations.
“With less of a need for workers to be based in London, the North East has quickly established itself as a new hub for leading technology firms looking to set up shop outside of the capital.
“While I grew up in Newcastle, I spent much of my career in the South. When I returned to the North East five years ago, I could see first-hand the fantastic pool of talent that is growing in the region.
“I am incredibly excited and proud to be establishing Arctic Wolf’s European operations in Newcastle, a city that I believe will bring undoubted long-term recruitment benefits to the company’s next phase of growth in EMEA.”
Jen Hartley, director of Invest Newcastle, Newcastle Gateshead Initiative, said: “Arctic Wolf’s decision to establish its EMEA headquarters in Newcastle is testament to the growing appeal of the North East as a talent hotspot for leading technology companies and our thriving business community.
“As recent government figures show, Newcastle has one of the fastest growing tech sectors in the UK, so it’s fantastic to see one of the world’s leading cybersecurity companies choose our region as its primary base in the UK and EMEA.
“We’ve loved working with the team at Arctic Wolf on their decision to choose the city and we’re looking forward to working with them further as they grow their exciting business here in the heart of Newcastle.”