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Skybox Security Announces Record Growth in 2011

San Jose, Calif., Feb. 22, 2012 – Sales Grow 85 Percent Year-Over-Year; Customer Base Expands Globally

Skybox Security, leading provider of proactive security management solutions for global enterprises, today announced that it achieved record financial performance in 2011 with 85 percent year-over-year sales growth.

The company’s success over the past year can be attributed to growing enterprise demand for solutions that automatically turn volumes of network security data into a priority list of actions that prevent cyber-attacks and ensure continuous compliance with information security regulations. Skybox offers a broad portfolio of tools for firewall change management, network compliance assessment, and risk and vulnerability management.

“As cyber threats escalate, network security teams are turning to solutions that provide them with daily guidance to avoid damage to valuable data and business services,” said Gidi Cohen, CEO of Skybox Security. “It’s now absolutely necessary to make network-aware and risk-based security decisions in minutes, not days. Customers are turning to Skybox because we automate a broad set of daily security operations tasks.”

In 2011, Skybox Security cultivated key distribution partnerships to broaden the company’s presence across the globe, including a partnership with Westcon Security that added Skybox Security’s solutions into seven new European territories. The company also doubled its sales territories, adding teams in North America, Europe, and Asia/Pacific. Currently, customers are represented in 30 countries with Brazil, Netherlands, and Singapore being the latest additions.

Skybox Security has had tremendous traction within the financial services, and government and defense sectors, closing multiple multi-million dollar projects, which validates the great ROI organizations realize by investing in a proactive and automated approach for dealing with cyber threats. Sales increased in every product category, and the size of the average sale jumped 273 percent as enterprises expanded both the number Skybox solutions purchased and extended Skybox coverage across their networks.

“The costs of managing dozens of firewalls or interpreting vulnerability assessment data across a large network are staggering,” said Cohen. “With Skybox solutions in place, security management teams can adapt quickly to major network changes, while cutting the time for security planning, assessment, mitigation, and reporting by as much as 90 percent.”

The Skybox Security Enterprise portfolio includes:

 

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 and prevent 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

 

 

NOTE: Skybox® Security is a registered trademark of Skybox Security Inc. All other registered and unregistered trademarks herein are the sole property of their respective owners. Product specifications subject to change at any time without prior notice.  © 2012 Skybox Security, Inc. All rights reserved.

 

 

 

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PR Contacts:

Gutenberg Communications for Skybox Security
Susie Hayne, 408-827-4360
Susie@gutenbergpr.com

 

Gutenberg Communications for Skybox Security
Stefanie Cannon, 408-827-4361
Stefanie@gutenbergpr.com