Toronto, ON â€“ GreenSky would like to congratulate Niranjan Mayya and the rest of the RANK Software Inc. (â€œRANKâ€) team on the August 24, 2020 closing of the sale of RANK to Arctic Wolf Networks Inc. (â€œAWNâ€), a global leader in Security Operations. RANK, a portfolio company of both GreenSky Accelerator Fund II and Fund III, was acquired by AWN in a cash and share deal; members of the GreenSky Presidentâ€™s Club, Generation Ventures, MaRS Investment Accelerator Fund and other angel investors also sold their respective interests in RANK.
RANKâ€™s VASA is an enterprise grade security analytics platform that provides real time threat hunting and behavioral analytics powered by AI. Arctic Wolf is a global leader in security operations.
The RANK exit comes approximately one year after the GreenSky Funds invested in RANK. Said RANK CEO, Niranjan Mayya, â€œGreenSky was a fairly recent investor, but having them on our team was critical. They were an integral part of our deal teamâ€”assisting, negotiating, and ultimately closing this transaction.â€
About RANK Software Inc.:
RANK Software, a cybersecurity company, has developed an enterprise grade security analytics and visualization platform focused on real time threat hunting & behavioral analytics. RANK VASA keeps businesses safe by arming security analysts with world class security powered by AI to detect, hunt and act on risks threatening their network. To learn more about RANK Software, visit ranksoftwareinc.com.
About GreenSky Capital:
GreenSky Capital Inc. makes investments in early-stage Canadian technology companies through its affiliated venture capital funds, GreenSky Accelerator Fund I, II and III, and through facilitating the GreenSky Presidentâ€™s Club, a FedDev-registered angel group. Our team brings a unique combination of experience in entrepreneurship, technology, law and finance to high-growth potential companies and dedicated entrepreneurs.