Rakeen Development PJSC

What Rakeen Development PJSC does

Rakeen Development PJSC is a Saudi Arabia-based cybersecurity company established in 2024 as a wholly-owned subsidiary of SITE (Saudi Information Technology Company). It sells a six-product security portfolio: Rakeen Next Generation Firewall, Rakeen Intrusion Prevention System, Rakeen EPP, Rakeen Antivirus, an AI-driven Extended Detection and Response (XDR) platform, and Rakeen Security Suite (a consumer-grade mobile and desktop product). The portfolio is offered as dedicated hardware or virtual appliances and is hosted on SITE Sovereign Cloud, with native integration into SITE intelligence feeds and SITE MDR services. Target customers are regional enterprises, data centers, and public and private organizations across the Middle East and North Africa requiring localized cybersecurity aligned with Saudi Vision 2030 and the Kingdom's Personal Data Protection Law.

The business model combines quote-based annual subscriptions or licenses for enterprise products with a freemium promotional consumer offering distributed through the Apple App Store and Google Play. Go-to-market is dual: a direct enterprise field-sales motion with 'Talk to an Expert' consultation and downloadable product brochures, plus self-serve consumer downloads. Distribution leverages the SITE parent's relationships with Saudi government and enterprise customers. Certifications won in 2025 — VB100, AV-TEST, and AV-TEST 'Best protection of 2025' — provide early third-party validation.

Note on source identity: the operational data describes a Saudi cybersecurity subsidiary of SITE founded in 2024 and headquartered in Riyadh's Digital City. A separate firmographic record lists 'Rakeen Development PJSC' as a 2006-established entity with 18 employees in Ras Al Khaimah, UAE — this appears to be a different entity sharing the name. The investment analysis above is grounded in the cybersecurity-focused evidence, which is the consistent and primary source for the company's current operations.

Name

Rakeen Development PJSC

Legal name

Rakeen Development PJSC

Website

https://rakeen.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Rakeen Development PJSC is a Saudi cybersecurity subsidiary of SITE that sells NGFW, IPS, EPP, Antivirus, AI-driven XDR, and a consumer Security Suite, hosted on SITE Sovereign Cloud and targeted at regional enterprises, data centers, and public-sector organizations across the Middle East and North Africa.

Ownership category

akta.pro rank

Product category

Cybersecurity Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Network Security Services (Firewall/VPN/ZTNA/SASE Integration) (BPAEAEAG)

akta.pro secondary industry

Cyber Defense & Information Security (National Security) (BPAIAHAE)

Keywords

• Enterprise cybersecurity software
• Network security firewalls
• Endpoint protection platform
• Extended detection response
• Consumer security suite

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Enterprise Cybersecurity Products: Enterprise security products including NGFW, IPS, EPP, Antivirus, and XDR platform targeting regional enterprises and data centers. Pricing likely subscription or perpetual license based on enterprise software industry norms.
2. Consumer Security Suite: Currently offered as free download for limited time. Mobile and desktop versions available. May transition to freemium or subscription model.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Rakeen Development PJSC develops and sells a comprehensive cybersecurity software portfolio spanning network security (Next Generation Firewall, Intrusion Prevention System), endpoint protection (EPP, Antivirus), an AI-driven XDR platform, and a consumer Security Suite for mobile and desktop. Products are offered to regional enterprises, government and private-sector organizations, and individual consumers, and are hosted on the SITE Sovereign Cloud with integrated threat intelligence and MDR capabilities.

Product overview

Rakeen offers a comprehensive cybersecurity product portfolio consisting of six distinct products: Rakeen Next Generation Firewall (unified network security with SD-WAN, IPS, DDoS mitigation, ZTNA, and DLP), Rakeen Intrusion Prevention System (network attack detection across L2-L7 layers), Rakeen EPP (unified endpoint protection combining anti-malware and EDR), Rakeen Antivirus (advanced endpoint protection with behavioral heuristics), AI-Driven XDR platform (cloud-hosted threat detection and response), and Rakeen Security Suite (consumer/mobile security for devices). The portfolio is hosted on SITE Sovereign Cloud and fully integrated with SITE intelligence and SITE MDR services, providing organizations with a full-spectrum cyber defense ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Rakeen Next Generation Firewall Unified network security solution that natively consolidates NGFW, IPS, SD-WAN, DDoS mitigation, ZTNA, and DLP into a single high-performance offering engineered for regional enterprises and data centers.
• Rakeen Intrusion Prevention System Network security solution that detects, analyzes, and blocks network attacks, malware, and vulnerabilities across L2-L7 layers with high block rates and low false positives, purpose-built for demanding local and regional cybersecurity environments.
• Rakeen EPP Unified endpoint protection platform combining anti-malware, device control, and advanced EDR capabilities with centralized management for stronger threat defense in enterprise environments.
• Rakeen Antivirus Comprehensive endpoint protection solution powered by a multi-dimensional analysis engine delivering proactive defense against cyber threats with network intrusion prevention, malicious URL filtering, and behavioral heuristics for enterprise environments.
• AI-Driven eXtended Detection and Response (XDR) Platform SaaS-based XDR platform that integrates and analyzes data using machine learning to provide full visibility across integrated cybersecurity tools, enabling organizations to prioritize and respond to modern cyber threats through a unified, asset-focused approach.
• Rakeen Security Suite Consumer security suite delivering digital protection for smartphones, tablets, and computers, leveraging national technologies to support Saudi Arabia's vision for stronger, trusted cybersecurity. Available as free download on iOS, Android, Windows, and macOS within the Kingdom of Saudi Arabia.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

One partnership is on record.

• SITE (Saudi Internet, Telecom and Electronics)coreOthers · 1 January 2024Rakeen is a subsidiary of SITE, established in 2024 to safeguard digital assets. Rakeen's comprehensive cybersecurity ecosystem is hosted on SITE Sovereign Cloud and backed by SITE trusted services and products to boost cybersecurity resilience. This is a parent-subsidiary relationship where SITE provides the foundational cloud infrastructure and trusted services for Rakeen's cybersecurity operations.

Scale indicators1 record

Recent moves7 records

Expansion highlights5 records

Emerging players

• SentinelOne: AI-driven endpoint and XDR challenger. Comparable to Rakeen's AI-driven XDR and EPP products as a next-generation endpoint security alternative.

Broad incumbents

• Trend Micro: Global cybersecurity vendor with strong endpoint, network and consumer security lines. Comparable across Rakeen's enterprise EPP/AV and consumer Security Suite offerings.
• CrowdStrike: Global endpoint detection and response (EDR) and XDR leader. Directly comparable in EPP, AV and XDR categories with an expanding Middle East presence.
• Sophos: Endpoint and network security vendor with strong mid-market and enterprise presence globally. Comparable in NGFW, EPP and AV categories with an overlapping managed-service delivery model.
• Check Point Software Technologies: Israeli-founded network security incumbent with strong regional presence across MENA. Comparable as a long-standing NGFW/IPS vendor competing for the same enterprise and government accounts.
• Fortinet: Global leader in NGFW, IPS and SD-WAN anchored by the FortiGate platform. Overlaps heavily with Rakeen's network security portfolio and is a frequent incumbent in Saudi enterprise deployments.
• Palo Alto Networks: Global NGFW and cybersecurity platform leader. Directly competes with Rakeen's NGFW, IPS and XDR products in regional enterprise accounts at vastly greater scale and feature depth.

Direct peers

• help AG: Middle East-focused cybersecurity value-added distributor and managed services provider serving enterprise and government customers across MENA. Comparable as a regional cybersecurity ecosystem player targeting the same enterprise buyer.
• sirar by stc: Cybersecurity arm of Saudi Telecom Company (stc), focused on sovereign and enterprise security in Saudi Arabia. Directly comparable as a regionally headquartered cybersecurity vendor with government relationships and similar sovereign-cloud positioning.

Regional players

• Spire Solutions: MENA-based cybersecurity solutions provider and value-added distributor. Comparable as a regional ecosystem participant helping enterprises deploy security products across Saudi Arabia and the GCC.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rakeen-development-pjsc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rakeen Development PJSC