Fortinet vs Tracecat
Side-by-side comparison of AI visibility scores, market position, and capabilities
Network security leader with $5.3B revenue; custom ASIC-powered FortiGate firewalls, Security Fabric platform, and expanding SASE and OT security offerings.
About
Fortinet is a global leader in network security, providing enterprise firewalls, endpoint protection, network access control, and cloud security products under the FortiGate and Fortinet Security Fabric brand. Founded in 2000 by brothers Ken Xie and Michael Xie and headquartered in Sunnyvale, California, Fortinet pioneered the unified threat management (UTM) appliance category and has grown into one of the largest pure-play cybersecurity companies with approximately $5.3 billion in annual revenue. The company is listed on NASDAQ.
SF YC W24 open-source SOAR security automation deployed by 200+ orgs (Fortune 500 + federal); $500K-$2M seed on Temporal's durable execution with 100+ integrations competing with Splunk SOAR and Tines for security incident response.
About
Tracecat is a San Francisco-based open-source security automation platform — backed by Y Combinator (W24) with $500,000-$2 million in seed funding from Y Combinator, Pioneer.app, Pioneer Fund, and SurgePoint Capital — providing security operations, IT, and infrastructure teams with a modern, cost-effective alternative to commercial SOAR (Security Orchestration, Automation, and Response) tools for automating security alerts, incident response, and IT workflows. Deployed by 200+ organizations from Fortune 500 companies to federal agencies, Tracecat is built on Temporal's durable execution platform (used by Datadog, Netflix, and Stripe) and offers 100+ integrations, AI-assisted runbooks, case management, and lookup tables. Founded in 2024 by Chris Lo and Daryl Lim.
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