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TMCNet:  Skybox Security Continues Aggressive Push with Record Sales in 2012

[February 21, 2013]

Skybox Security Continues Aggressive Push with Record Sales in 2012

SAN JOSE, Calif. --(Business Wire)--

Skybox Security, leading provider of proactive security risk management solutions for global enterprises, today announced record financial performance in 2012, including 100 percent year-over-year revenue growth. The company continues to build worldwide momentum with rapidly expanding channel and business development in Europe, and new sales territories reflected across Asia, Latin America, Australia/New Zealand and Russia. With this exceptional growth, Skybox has increased its employee headcount by more than 70 percent since last year and strengthened its executive team by hiring Paul Farr as vice president of business development.

Over the past year, Skybox has focused heavily on product development, providing new capabilities across its entire Skybox View Enterprise Suite and redefining the vulnerability management, threat management and network security management space. The latest release introduced Skybox Risk Control with Vulnerability Detector, establishing Risk Control as the only integrated next-generation vulnerability management solution that combines native capabilities to discover vulnerabilities daily in a non-disruptive manner, without an active scan; prioritize risks automatically; and drive remediation activities. Additionally, Skybox is the only provider to link firewall management, vulnerability management and threat mitigation capabilities into a single solution to optimize the protection provided by next-generation firewalls, and the first to include signatur configuration analysis and reporting for the Intrusion (News - Alert) Prevention System (IPS) threat mitigation features in next-generation firewalls.

In 2012, Skybox reached another company milestone by adding more customers than any year prior, with 36 percent of those new customers being Global 2000 companies. Large enterprises and government and defense agencies worldwide see the tremendous value of deploying solutions that automatically turn volumes of network security data into a prioritized list of actions to help prevent cyber attacks and ensure continuous compliance with information security regulations. Today six of the ten largest NATO members and six of the top 10 global banks use Skybox to protect their networks.

The Forrester Research (News - Alert), Inc report, "Understand The State of Network Security: 2012 To 2013" (September 20, 2012) stated that 42 percent of organizations surveyed expected to increase their budget for network security in 2013, with threat and vulnerability management at the top of the list of IT security responsibilities.

"We see the effects of this added investment and focus every day," said Gidi Cohen, CEO at Skybox Security. "As cyber threats escalate, today's CISOs are looking for security partners that can help them rapidly adapt to constantly changing threat conditions by controlling and decreasing risk. Skybox provides the right solutions to enable CISOs to protect information assets by identifying and minimizing risks while supporting new business initiatives, and communicating risks in business language to support sound decisions."

The Skybox Security portfolio includes:

About Skybox Security, Inc.

Skybox Security, Inc. is the leader in proactive security risk management solutions, providing automated, non-intrusive tools that detect, prioritize, and drive remediation of critical risks such as exposed vulnerabilities and firewall configuration errors. Skybox solutions prevent potential cyber attacks and data breaches by providing IT decision makers with continuous network visibility and sophisticated predictive analytics. Organizations in Financial Services, Government, Energy, Defense, Retail, and Telecommunications rely on Skybox Security solutions daily to reduce risk exposure, implement secure change management processes, and achieve continuous compliance. For more information visit

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. © 2013 Skybox Security, Inc. All rights reserved.

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