CISO Tribune

Vendor comparison · 2 companies

Fortinet vs WatchGuard Technologies

Fortinet sells cybersecurity and networking technology to enterprises, service providers, and government organizations. WatchGuard Technologies sells a Unified Security Platform that combines network, endpoint, identity and cloud protection, purpose-built for MSPs servicing midsize companies and SMBs. CISO Tribune files both under Firewalls and NGFW and EDR and XDR. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Fortinet
  • WatchGuard Technologies
Fortinet vs WatchGuard Technologies: Products, Customers and Funding Compared
FortinetFortinet sells cybersecurity and networking technology to enterprises, service providers, and government organizations.fortinet.comWatchGuard TechnologiesWatchGuard Technologies sells a Unified Security Platform that combines network, endpoint, identity and cloud protection, purpose-built for MSPs servicing midsize companies and SMBs.watchguard.com
What it sells
  • FortiWeb[18]FortiWeb protects web applications and APIs.
  • FortiAP[17]FortiAP provides secure wireless LAN access points.
  • FortiManager[12][19]FortiManager is a NOC-SOC operations tool.
  • FortiSIEM[12][16]FortiSIEM is Fortinet’s SIEM solution.
  • FortiSandbox[16]FortiSandbox provides AI-powered protection against zero-day threats.
  • Unified SASE[1][11]Fortinet Unified SASE combines networking with AI-aware controls.
  • FortiAIGate[11]FortiAIGate secures AI apps and agents.
  • Unified Security Platform[1][5]WatchGuard unifies network, endpoint, identity and cloud protection under one agent, one console and one AI intelligence layer.
  • Firebox M Series[9]Firebox M Series rackmount appliances provide NGFW features.
  • Endpoint Security 360[11]WatchGuard Endpoint Security 360 is an autonomous zero trust endpoint detection and response solution.
  • AuthPoint[7][12][13]WatchGuard AuthPoint provides cloud-based authentication and access to applications.
  • Total Identity Security[13]Total Identity Security combines AuthPoint MFA with Dark Web Credential Monitoring.
  • WatchGuard Cloud[1][5][7][9][13]WatchGuard Cloud is built for MSPs and gives one place to deploy, standardize, monitor and report across all customers.
  • Compliance Reporting[15]WatchGuard Compliance Reporting offers configurable compliance controls and reports for regulatory needs.
Categories
Headquarters
Sunnyvale, United StatesSeattle, United States[4]
Founded
2000[4]Not stated on its pages
Ownership and funding
Public (NASDAQ: FTNT)[2][9][12][13][17][20][22]Owned by Vector Capital since 2022[6]
Named customers
  • IHG Hotels & Resorts[5]
  • Alaska Airlines[6]
  • IndiGo[7]
  • University of Birmingham[8]
Not stated on its pages
Recent news
  • August 17, 2026Fortinet announced it has acquired Virtue AI, a company focused on AI runtime protection, automated AI validation, and security for autonomous AI systems.[20]
  • August 17, 2026Fortinet acquired Virtue AI, a company offering AI runtime protection and automated validation for autonomous AI systems.[9]
  • July 29, 2026Fortinet reported second-quarter 2026 revenue of $2.05 billion, up 26% year over year.[2]
  • June 24, 2026Fortinet appointed Derek Kan to its board of directors.[21]
  • May 6, 2026Fortinet reported first-quarter 2026 revenue of $1.85 billion, up 20% year over year.[10]
  • July 7, 2026WatchGuard Technologies appointed Vincent Hwang as Chief Product Officer, reporting to CEO Joe Smolarski.[16]
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: listed, seen November 3, 2026[22]
  • G2: Not stated on its pages
  • Gartner Peer Insights: listed, seen October 30, 2026[6]
Who it fits
From its own pages, Fortinet sells mainly to enterprises, service providers, and government organizations. Its firewall pages describe deployments across data centers, branch offices, and multi-cloud environments. Wireless products are described for campuses, remote workers, and large public venues such as stadiums and arenas.WatchGuard delivers its security to businesses exclusively through managed service provider and reseller partners. Businesses receive protection configured and managed for them by a local WatchGuard partner. WatchGuard describes its devices as suited to securing branch offices, distributed networks and large data centers. WatchGuard secure access points are described for small offices, retail locations, schools, warehouses and outdoor deployments. WatchGuard Endpoint Security 360 is described as suited to organizations and MSPs.
Last verified
November 9, 2026September 27, 2026

Where they overlap

  • Firewalls and NGFW is the primary category of both Fortinet and WatchGuard Technologies; both are also filed under EDR and XDR.
  • Both are headquartered in the United States.

Where they differ, field by field

  • Fortinet is also filed under SASE and SSE and SIEM. WatchGuard Technologies is also filed under Identity threat detection and response and Workforce IAM and SSO.
  • Fortinet lists FortiWeb, FortiAP, FortiManager, FortiSIEM, FortiSandbox and 2 more. WatchGuard Technologies lists Unified Security Platform, Firebox M Series, Endpoint Security 360, AuthPoint, Total Identity Security and 2 more.
  • Fortinet is headquartered in Sunnyvale, United States. WatchGuard Technologies is headquartered in Seattle, United States.
  • Fortinet was founded in 2000.
  • Fortinet is a public company listed on NASDAQ as FTNT. WatchGuard Technologies is owned by Vector Capital, since 2022.
  • Fortinet publicly names IHG Hotels & Resorts, Alaska Airlines, IndiGo and University of Birmingham.

How they differ

CISO Tribune files both Fortinet and WatchGuard Technologies under Firewalls and NGFW as the primary category, and both also appear under EDR and XDR. Fortinet is headquartered in Sunnyvale, United States, was founded in 2000, and is listed on NASDAQ as FTNT. WatchGuard Technologies is headquartered in Seattle, United States, and has been owned by Vector Capital since 2022.

Fortinet's firewall line is built around FortiGate, and its other products include FortiWeb, FortiSIEM, FortiSandbox, Unified SASE and FortiAIGate. Fortinet says it sells to enterprises, service providers, and government organizations. It names IHG Hotels & Resorts, Alaska Airlines, IndiGo and University of Birmingham as customers. WatchGuard Technologies sells a Unified Security Platform that combines network, endpoint, identity and cloud protection, along with Firebox M Series appliances, Endpoint Security 360 and AuthPoint. WatchGuard Technologies delivers its security exclusively through managed service provider and reseller partners, and its platform is described as purpose-built for MSPs servicing midsize companies and SMBs.

Both companies sell firewalls and endpoint detection, but WatchGuard Technologies also sells identity products such as AuthPoint and Total Identity Security, while Fortinet sells SIEM and web application protection. On August 17, 2026, Fortinet announced it had acquired Virtue AI, a company focused on AI runtime protection. Fortinet reported second-quarter 2026 revenue of $2.05 billion on July 29, 2026. On July 7, 2026, WatchGuard Technologies appointed Vincent Hwang as Chief Product Officer.

What it sells: Fortinet

What FortiWeb does[18]
FortiWeb protects business-critical web applications and APIs from emerging web-based threats. Its features include anomaly detection, API discovery and protection, bot mitigation, and client-side security. It comes in hardware, virtual machine, and SaaS form factors and is available in public cloud marketplaces.
What FortiAP does[17]
FortiAP integrates with the Fortinet SASE offering to support organizations securing microbranches. FortiAPs are available in models from 2x2 to 4x4, with internal or external antenna. Control can be done with FortiGate, FortiGate VM, FortiSASE, or FortiEdge Cloud.
What FortiManager does[12][19]
FortiManager is the NOC-SOC operations tool that was built with security perspective. It provides a single-pane-of-glass across the entire Fortinet Security Fabric.

What it sells: WatchGuard Technologies

What Firebox M Series does[9]
Firebox M Series rackmount appliances provide NGFW features. Firebox rackmount appliances integrate with WatchGuard Cloud and ThreatSync and offer centralized management and AI-powered XDR correlation.
What Endpoint Security 360 does[11]
WatchGuard Endpoint Security 360 is an autonomous zero trust endpoint detection and response solution that blocks unknown applications automatically and continuously monitors trusted applications for signs of compromise. WatchGuard Endpoint Security 360 provides visibility into blocked executions, compromised trusted applications and the progression of attacks across endpoints.
What AuthPoint does[7][12][13]
WatchGuard AuthPoint provides cloud-based authentication and access to applications. AuthPoint MFA supports push, passkeys, TOTP, QR codes, hardware tokens and zero trust policies. AuthPoint is managed in WatchGuard Cloud, which configures policies, synchronizes users and enforces controls from one interface.
What Total Identity Security does[13]
Total Identity Security combines AuthPoint MFA with Dark Web Credential Monitoring. WatchGuard continuously monitors workforce user credentials across dark web, deep web and breach databases using AI-driven intelligence, and can alert affected end users directly. WatchGuard Cloud lets MSPs manage MFA and credential monitoring across customer accounts.
What WatchGuard Cloud does[1][5][7][9][13]
WatchGuard Cloud is built for MSPs and gives one place to deploy, standardize, monitor and report across all customers. ThreatSync XDR is part of WatchGuard Cloud and correlates activity across WatchGuard security layers. WatchGuard Cloud provides visibility, configuration control and real-time threat monitoring so MSPs can manage network security from anywhere with an Internet connection.
What Compliance Reporting does[15]
WatchGuard Compliance Reporting offers configurable compliance controls and reports for regulatory needs. WatchGuard Compliance Reporting is integrated with WatchGuard NDR and WatchGuard SaaS, delivering over 100 AI-refined network cybersecurity controls. WatchGuard Compliance Reporting includes configurable compliance report templates for ISO-27001, NIST 800-53, NIST 171/CMMC, UK Cyber Essentials, FFIEC, CISA Ransomware Defense, Cyber Insurance Compliance and Supply Chain Compliance.

Questions about Fortinet and WatchGuard Technologies

What do Fortinet and WatchGuard Technologies sell?
Fortinet sells FortiWeb, FortiAP, FortiManager, FortiSIEM, FortiSandbox and 2 more. WatchGuard Technologies sells Unified Security Platform, Firebox M Series, Endpoint Security 360, AuthPoint, Total Identity Security and 2 more.
Are Fortinet and WatchGuard Technologies in the same category?
Yes. Firewalls and NGFW is the primary category of both on CISO Tribune.
Where are Fortinet and WatchGuard Technologies headquartered?
Fortinet is headquartered in Sunnyvale, United States. WatchGuard Technologies is headquartered in Seattle, United States.
When were Fortinet and WatchGuard Technologies founded?
Fortinet was founded in 2000.
Who owns Fortinet and WatchGuard Technologies?
Fortinet is a public company listed on NASDAQ as FTNT. WatchGuard Technologies is owned by Vector Capital, since 2022.
Which customers do Fortinet and WatchGuard Technologies name?
Fortinet publicly names IHG Hotels & Resorts, Alaska Airlines, IndiGo and University of Birmingham.
Who are Fortinet and WatchGuard Technologies sold to?
From its own pages, Fortinet sells mainly to enterprises, service providers, and government organizations. WatchGuard delivers its security to businesses exclusively through managed service provider and reseller partners.
What have Fortinet and WatchGuard Technologies announced recently?
August 17, 2026: Fortinet announced it has acquired Virtue AI, a company focused on AI runtime protection, automated AI validation, and security for autonomous AI systems. July 7, 2026: WatchGuard Technologies appointed Vincent Hwang as Chief Product Officer, reporting to CEO Joe Smolarski.

About Fortinet

Fortinet sells cybersecurity and networking technology to enterprises, service providers, and government organizations. Fortinet describes itself as a global US-based company securing over 700,000 enterprises, service providers, and government organizations worldwide.[11]

Fortinet’s firewall line is built around FortiGate. FortiGate Next Generation Firewall uses purpose-built security processors and threat intelligence security services from FortiGuard labs. Fortinet says FortiGate provides automated visibility into applications, users, and network, and provides security ratings. Fortinet’s hybrid mesh firewall approach unifies FortiGate Next-Generation Firewalls across on-premises, cloud, and hybrid environments with centralized management and analytics. Fortinet says its firewall solutions include appliances, VMs, and FWaaS, so they can be deployed anywhere in the network, including cloud resources. Fortinet says its hybrid mesh firewalls (HMFs) offer unified management and consistent security enabled via a single operating system. For branch offices, Fortinet describes unified firewalling, SD-WAN, and a LAN/WLAN controller in one NGFW. FortiGate 1200G with FortiSASE Outpost delivers ASIC-powered local enforcement and cloud-delivered security where businesses need it most.[11][14][15]

Fortinet sells Secure SD-WAN, which combines networking with security. Fortinet says FortiAPs used with Fortinet Secure SD-WAN create a Secure SD-Branch. Fortinet’s wireless LAN solution integrates with the Fortinet Security Fabric to offer built-in security, end-to-end network visibility, and automated threat response. FortiAP integrates with the Fortinet SASE offering to support organizations securing microbranches and related devices. FortiAPs are available in models from 2x2 to 4x4, and configuration and control can be done with a FortiGate Next-Generation Firewall appliance, FortiGate VM, FortiSASE, or FortiEdge Cloud. Fortinet also describes deploying FortiAPs as remote APs to extend corporate network access securely to remote workers.[16]

Fortinet Unified SASE is described as helping secure the AI era with integrated networking, AI-aware controls, sovereign options, and digital experience visibility. In security operations, FortiSIEM is Fortinet’s SIEM solution. FortiSandbox delivers AI-powered protection against emerging, sophisticated, and zero-day threats. Fortinet offers FortiAIGate to secure AI apps and agents, enforce usage policy, and control AI spend. Virtue AI will enhance the Fortinet AI-Native Security Fabric with continuous agentic AI validation and runtime protection across the AI lifecycle, according to Fortinet.[11][16]

Fortinet also sells application security. FortiWeb protects business-critical web applications and APIs from emerging web-based threats that target known and unknown vulnerabilities. FortiWeb features anomaly detection, API discovery and protection, bot mitigation, and client-side security. FortiWeb comes in many form factors including hardware, virtual machines, and SaaS, and is available in public cloud marketplaces. FortiGuard security services used with FortiWeb are annual subscriptions that can be purchased a la carte or as part of a bundle with FortiWeb. Fortinet Email Security provides protection for your critical business information. Fortinet offers FortiProxy for protection against internet-borne threats and Advanced Web Content Caching. FortiADC brings the power of the Fortinet Security Fabric to your application layer. FortiDeceptor is based on deception-based technology that complements an organization’s existing breach protection strategy.[16][18]

Fortinet sells management and endpoint tools alongside its security products. FortiManager is the NOC-SOC operations tool that was built with security perspective, and it provides a single-pane-of-glass across the entire Fortinet Security Fabric. FortiAIOps uses artificial intelligence with machine learning to collect data and identify pattern anomalies. FortiClient Fabric Agent integrates endpoints into the Security Fabric and provides endpoint telemetry, including user identity. FortiExtender WWAN appliance uses LTE connectivity with the cellular infrastructure to provide broadband speeds.[16][19]

Fortinet names customers in several sectors. Global hospitality company IHG Hotels & Resorts is replacing its legacy hub-and-spoke network with a managed SD-WAN solution from Fortinet. IHG Hotels & Resorts is deploying Fortinet Secure SD-WAN to 4,000 sites. Jersey Mike’s says moving to FortiSwitches is greatly enhancing its help desk support of franchisees.[1][3][11][15]

Fortinet on the record

Sources

Fortinet full record

  1. [1]fortinet.comFortinet · fortinet.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Fortinet reports strong second quarter 2026 financial resultsFortinet · fortinet.com · published July 29, 2026 · Tier A
  3. [3]Ftnt 20241231Fortinet, Inc. via SEC EDGAR · sec.gov · undated page, accessed September 27, 2026 · Tier A
  4. [4]Press kitFortinet · fortinet.com · undated page, accessed October 10, 2026 · Tier A
  5. [5]IHG Hotels & Resorts | Fortinet Case StudyFortinet · undated page, accessed October 10, 2026 · Tier A
  6. [6]Alaska airlinesFortinet · fortinet.com · undated page, accessed October 10, 2026 · Tier A
  7. [7]Indigo airlinesFortinet · fortinet.com · undated page, accessed October 10, 2026 · Tier A
  8. [8]University of birminghamFortinet · fortinet.com · undated page, accessed October 10, 2026 · Tier A
  9. [9]Fortinet advances continuous ai protection with the acquisition of virtue aiFortinet · fortinet.com · published August 17, 2026 · Tier A
  10. [10]Fortinet reports first quarter 2026 financial resultsFortinet · fortinet.com · published May 6, 2026 · Tier A
  11. [11]Global Leader of Cybersecurity Solutions and Services | FortinetFortinet · undated page, accessed October 25, 2026 · Tier A
  12. [12]FortiDLP Agent Hardware | Fortinet Document LibraryFortinet · undated page, accessed October 25, 2026 · Tier A
  13. [13]Fortinet Reviews, Ratings & Features 2026 | Gartner Peer InsightsGartner Peer Insights · undated page, accessed October 25, 2026 · Tier C
  14. [14]FortiGate / FortiOS | Fortinet Document LibraryFortinet Document Library · undated page, accessed November 3, 2026 · Tier A
  15. [15]Hybrid Mesh FirewallFortinet · undated page, accessed November 3, 2026 · Tier A
  16. [16]Products | Fortinet Products | Fortinet Product InformationFortinet · undated page, accessed November 3, 2026 · Tier A
  17. [17]Secure Wireless Access Points | FortinetFortinet · undated page, accessed November 3, 2026 · Tier A
  18. [18]Web Application Firewall (WAF) & API Protection | FortinetFortinet · undated page, accessed November 3, 2026 · Tier A
  19. [19]FortiManager | Fortinet Document LibraryFortinet Document Library · undated page, accessed November 3, 2026 · Tier A
  20. [20]Fortinet Advances Continuous AI Protection with the Acquisition of Virtue AIFortinet, Inc. · published August 17, 2026 · Tier A
  21. [21]Fortinet Appoints Public Sector Leader and Tech Executive Derek Kan to Its Board of DirectorsFortinet · published June 24, 2026 · Tier A
  22. [22]Fortinet Reviews, Ratings & Features 2026 | Gartner Peer InsightsGartner Peer Insights · undated page, accessed November 3, 2026 · Tier C

WatchGuard Technologies full record

  1. [1]watchguard.comWatchGuard Technologies · watchguard.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Watchguard launches new high performance firebox appliances secure modernWatchGuard Technologies · watchguard.com · published June 2, 2026 · Tier A
  3. [3]vectorcapital.comVector Capital · vectorcapital.com · published July 5, 2022 · Tier A
  4. [4]Dex991WatchGuard Technologies via SEC EDGAR · sec.gov · published July 25, 2006 · Tier A
  5. [5]WatchGuard | Comprehensive Cybersecurity SolutionsWatchGuard Technologies · undated page, accessed October 30, 2026 · Tier A
  6. [6]WatchGuard Reviews, Ratings & Features 2026 | Gartner Peer InsightsGartner Peer Insights · undated page, accessed October 30, 2026 · Tier C
  7. [7]Centralized Management & Visibility | WatchGuard CloudWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  8. [8]Managed Security Services for MSPs | WatchGuardWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  9. [9]Rackmount Firewall Appliances | WatchGuardWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  10. [10]WatchGuard Endpoint Security | AI-Powered ProtectionWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  11. [11]WatchGuard Endpoint Security 360 - Zero Trust EDRWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  12. [12]AuthPoint 30-Day Free Trial | WatchGuard Free AuthPointWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  13. [13]AuthPoint Total Identity Security | WatchGuardWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  14. [14]Secure Wireless APs for Your Business | WatchGuardWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  15. [15]Compliance Reporting | WatchGuardWatchGuard Technologies · undated page, accessed November 10, 2026 · Tier A
  16. [16]WatchGuard Appoints Vincent Hwang as Chief Product OfficerWatchGuard Technologies · published July 7, 2026 · Tier A

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