Company Attributes 1,288% Revenue Growth to Accelerated Adoption of Deception Technology by Large, and Mid-Market Enterprises and Government Agencies
FREMONT, Calif.--(BUSINESS WIRE)--Attivo Networks®, the award-winning leader in deception for cybersecurity threat detection, today announced it placed 99th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America in 2019. Attivo grew 1,288% during this period. The company was also ranked 16th in the San Francisco Bay Area.
“This multi-year recognition from Deloitte is a testament to the accelerated adoption of cyber deception technology, and the company’s ability to generate sustained growth and momentum,” said Tushar Kothari, CEO at Attivo Networks. “Attivo is delivering real and measurable customer value by greatly reducing the time attackers can go undetected within the network and improving defenders’ incident response capabilities.”
Attivo attributes its sharp revenue increases this year to four factors: wide-spread customer adoption and expansion, across mid-size companies, top Fortune enterprises and government agencies; the continued development of its channel and managed service partner networks; international expansion in emerging markets such as Asia, India, Australia and New Zealand and new features and functionalities of its ThreatDefend® platform, including innovations in Active Directory protection.
This is the second consecutive year that Attivo has ranked in the top 100 in the Deloitte Technology Fast 500TM. Last year, the company ranked 31st and has also been recognized with over 100 awards for its company performance, technology innovation, and leadership team.
About Attivo Networks
Attivo Networks®, the leader in deception technology, provides an active defense for early detection, forensics, and automated incident response to in-network attacks. The Attivo ThreatDefend™ Deception Platform provides a comprehensive and customer-proven platform for proactive security and accurate threat detection within user networks, data centers, clouds, and a wide variety of specialized attack surfaces. The portfolio includes extensive network, endpoint, application, and data deceptions designed to misdirect and reveal attacks efficiently from all threat vectors. Advanced machine-learning makes preparation, deployment, and operations fast and simple to operate for organizations of all sizes. Comprehensive attack analysis and forensics provide actionable alerts and native integrations that automate the blocking, quarantine, and threat hunting of attacks for accelerated incident response. The company has won over 100 awards for its technology innovation and leadership. For more information, visit www.attivonetworks.com.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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Matter Communications for Attivo Networks
Loren Guertin & Kate Duchaney