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The CEO of $1.3 billion cybersecurity startup Arctic Wolf moved the company’s headquarters from Silicon Valley to Minnesota to capitalize on its affordability, talent pool, and work culture

Brian NeSmith CEO of Arctic Wolf

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The same day that cybersecurity startup Arctic Wolf announced that it had been valued at $1.3 billion, it also said that it was moving its headquarters from Silicon Valley to Minnesota.

When it made the announcement in October 2020, it joined dozens of other companies that have moved out of California over the past year as the pandemic forced companies to address their real-estate commitments and stance on remote working.

Brian NeSmith, CEO of the 800-person company, told Insider that he chose to relocate its headquarters from Sunnyvale, California, to Eden Prairie, details ⇒

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