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Skybox Security Announces Record Sales Growth for First Half 2011

September 14, 2011--Revenue Grows 60 Percent Year-Over-Year; Customer Base Expands Globally

Skybox Security reported more than 60 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 U.S. 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, with notable acquisitions of market leaders in targeted verticals including government and defense, financial services, and energy and utilities.

Today six of the top 10 global banks and five of the 10 largest NATO members use Skybox Security to protect their networks, enabling them to pinpoint and prioritize cyber risks, network compliance exposures and availability problems -- within minutes.

“Even in a challenging economy, companies across a number of 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 hundreds of 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 attacks today, 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:

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

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. © 2011 Skybox Security, Inc. All rights reserved.

 

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Gutenberg Communications for Skybox Security
Susie Hayne, 408-827-4360
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Stefanie Cannon, 408-335-6964
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