Attributes 3,854% Revenue Growth to growing global demand for early threat detection and rapid incident response
FREMONT, CA – November 15, 2018 – Attivo Networks®, the award-winning leader in deception technology for cybersecurity defense, today announced it ranked 31st 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. Attivo Networks grew 3,854 percent during this period. The company also was ranked 6th in the Bay Area and 21st in the Software category.
As attack surfaces continue to evolve and attackers become more sophisticated, customer adoption has soared. Attivo Networks CEO, Tushar Kothari, attributes the company’s substantial revenue growth to the ThreatDefend™ platform’s ability to detect and respond to threats from all attack vectors early and accurately. “Attivo Networks remains committed to delivering a superior deception technology solution that effectively changes the game on attackers,” Kothari said. “This recognition underscores the tremendous value that the ThreatDefend platform provides to organizations of all sizes. The company is well positioned to build upon this momentum and extend our market leadership in 2019.”
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice.” This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
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 2014 to 2017.
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 $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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 expansive network, endpoint, application, and data deceptions designed to efficiently misdirect and reveal attacks 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 automate the blocking, quarantine, and threat hunting of attacks for accelerated incident response. The company has won over 50 awards for its technology innovation and leadership. For more information, visit www.attivonetworks.com.
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