Skybox Security Announces Record Sales Growthfor First Half 2011
Revenue Grows 60% Year-Over-Year, Customer Base Expands Globally
San Jose, Calif., Sept. 14, 2011 –Skybox Security today announced record salesgrowth for the trailing six month period ending June 30, 2011, positioning the company as the leading provider ofcyber security management solutionsfor global enterprises.
Skybox Security reportedmore than60 percent growth in the first half of 2011 versus the same period in 2010, achieved through strong demand across all product lines, an increased investment in sales regions including the US federal government team, and the support of key partnerships with Westcon Security and BT Global Services.In addition, the Skybox Security customer base now includes customers in 27 countries, withnotable acquisitions of market leaders in targeted verticals including government and defense, financial services, and energy andutilities.
Today six of the top 10 global banks and five of the 10 largest NATO membersuse Skybox Security to protect their networks, enabling them to pinpoint and prioritize cyber risks,network compliance exposuresand availability problems-- within minutes.
“Even in a challenging economy, companies across a numberof industries continue to invest heavily in solutions to protect their networks against data breaches and cyber attacks,” said Gidi Cohen, CEO of Skybox Security. “The impact of cybercrime on an organization is staggering and customers are turning to our solutions to anticipate the most urgent IT concerns and take action before harm is done.”
Through the partnership with Westcon Security, Skybox Security added distribution of its products in seven European territories and doubled the number of trained value added reseller (VAR) representatives across the globe, adding hundredsof security VARs to its network of potential suppliers.
“Working with Skybox Security has enabled us to provide our customers with end-to-end solutions that provide a complete view of their network and risk exposures, and ultimately reduce the risk of cybercrime,” said Peter van Burgel, Director of Operations of the security division of Westcon Group Europe. “With all the different types of cyber attackstoday, from bots to hackers, having the right cyber security solutions available to our customers is critical.”
Skybox Security also partners with BT Global Services, working together to fight cybercrime and showcase the opportunity for advanced cyber security installations with enterprises and government organizations.
The Skybox Security Enterprise portfolio includes:
• Skybox Firewall Assurance(Firewall Assessment, PCI Compliance, Change Management, Firewall Ruleset Optimization)
• Skybox Network Assurance(Network Modeling, Access Compliance, Connectivity Troubleshooting)
• Skybox Risk Control(Attack Modeling, Risk Assessment, Vulnerability Management, Patch Optimization)
• Skybox Change Managerand Skybox Threat Manager(Workflow solutions to manage firewall changes and threat response)
About Skybox Security, Inc.
Skybox Security, Inc. is the leader in proactive security management solutions, providing automated tools that find and prioritize cyber risks such as vulnerabilities, firewall configuration errors, and access compliance issues. Our solutions help IT security personnel continuously monitor security risks that could lead to a data breach or cyber attack. Organizations in Financial Services, Government, Energy, Defense, Retail, and Telecommunications rely on Skybox Security solutions to reduce risk exposure and achieve compliance. For more information visit www.skyboxsecurity.com
Gutenberg Communications for Skybox Security
Susie Hayne, 408-827-4360