Demand for Skybox vulnerability management and security automation capabilities drove 30% new business growth
News summary
SAN JOSE, Calif., Jan. 26, 2022 /PRNewswire/ -- Skybox Security today announced that soaring global customer demand for its Security Posture Management Platform drove a 4x increase in subscription business from new customers year-over-year. Customer expansion and new logos also resulted in over 30% growth year-over-year, driven by global customer demand for Skybox vulnerability management and security automation capabilities. Further, Skybox Security reported the strongest quarter in the company's 19-year history to include significant expansion within the critical infrastructure sectors.
"Increasing cybersecurity regulations, digital transformation initiatives, and cloud migration continue to fuel demand for our preventative Security Posture Management Platform," said Skybox Security CEO and Founder Gidi Cohen. "Other cybersecurity companies say they do exposure analysis. Skybox Security delivers the only solution that can do it with the precision you need to prevent a cyberattack, with the full context of the network, cloud, and OT infrastructure of the organization."
New 2021 customers include Fortune 500, Global 500, major government agencies, and companies operating critical infrastructure in the energy, utilities, manufacturing, defense, and telecommunications sectors. Increasingly dangerous vulnerabilities, including but not limited to Log4j, require a new focus on preventing breaches by eliminating cyber exposure ahead of an attack.
A new path forward for breach prevention
The company's tremendous growth is fueled by capturing the ever-increasing market need for preventative cybersecurity management while strategically expanding into new verticals and regions. Hundreds of customers trust the industry-leading Skybox Security Posture Management Platform to prevent breaches before incidents happen.
Skybox Security is the only cybersecurity company to provide complete visibility and understanding of the attack surface. No other solution can visualize and analyze hybrid, multi-cloud, and OT networks across all industries and verticals.
2021 financial highlights: year-over-year growth
2021 new and expanded customers
2021 product innovation highlights
"Managing security posture has become a critical business imperative for reducing the risk of cyberattacks. Our global customer base relies on Skybox exposure analysis to understand exposed, exploitable vulnerabilities and reduce mean time to remediation (MTTR)," said Haggai Polak, Chief Product Officer, Skybox Security. "Our upcoming product innovations will continue to extend our industry-leading network model to ingest data from transformative technologies and model entire networks across IT, OT, and hybrid cloud."
Additional resources
About Skybox Security
Over 500 of the world's largest and most security-conscious enterprises rely on Skybox for the insights and assurance required to stay ahead of dynamically changing attack surfaces. At Skybox, we don't just serve up data and information. We provide the intelligence and context to make informed decisions, taking the guesswork out of securely enabling enterprises at scale and speed. Our unified security posture management platform delivers complete visibility, analytics, and automation to quickly map, prioritize, and remediate vulnerabilities across your organization. The vendor-agnostic platform intelligently optimizes security policies, actions, and change processes across all corporate and cloud environments. With Skybox, security teams can focus on the most strategic business initiatives while ensuring that enterprises remain protected.
https://www.skyboxsecurity.com/
Media & analyst contact
Ashley Nakano
Corporate Communications Director
ashley.nakano@skyboxsecurity.com
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