The new branch is located in Silicon Valley, California and follows the opening of mnemonic’s London office last year.

Tønnes Ingebrigtsen, CEO in mnemonic, is excited about expanding internationally:

“It has been a historic year for mnemonic. We partnered with the investment firm Ferd, moved our Oslo headquarters, and opened offices in London and now Palo Alto. We are all looking forward to this new chapter”, he says.

The opening of the U.S. office will help serve the fast growing market for Managed Detection and Response (MDR) services. Gartner recently predicted in their Market Guide for Managed Detection and Response Services that by 2024, 25% of organisations globally will be using MDR services, up from less than 5% today.

“We have seen an incredible increase in demand for MDR services globally. Organisations are seeking security partners that can adapt to their needs and help them efficiently detect and respond to the threats they face on a daily basis” states Ingebrigtsen.

“Now that we are entering new markets both in Europe and the U.S., we will be meeting our international competition even more head-on, and it will require us to be adaptable when meeting local and regional competitors. Historically, this is something we’ve done quite well in mnemonic” Ingebrigtsen adds.

Finding the right Country Manager

mnemonic's U.S. office will be located in the Nordic Innovation House in Silicon Valley, and will be headed by Stian Maurstad.

Ingebrigtsen states that though the plan to open an office in the U.S. had been a long time coming, the timing has never been as good as now:

“This is of course due to different factors, including finding the right person to head and develop the office. Stian has been based out of Palo Alto, California for five years now, and he knows mnemonic, the people here and our culture well. We are really happy to have him onboard.”

Maurstad has previously worked at Innovation Norway, Check Point and Riverbed. He shares Ingebrigtsen’s excitement about mnemonic’s move to the U.S.:

“The time I’ve spent in the Bay Area has been educational, and it’s given me insight into what is required by international tech companies to succeed in the U.S. The competition is tough, but the possibilities are endless”, he states.

“mnemonic's journey so far has been remarkable, and the founders and employees have every reason to be proud. The fact that they’re closing in on 20 years of operations, have virtually no employee turnover, are ranked as one of Europe’s top workplaces, and receive praise from Gartner is impressive” adds Maurstad.

“In every new market you’ll find that each customer is unique, and mnemonic has a proven track record successfully seeing the customer's needs and delivering customised solutions. This, in combination with personal and close follow-up is an important strength at mnemonic”.