Achieves 95 Percent Revenue Growth Since Launch of Next-Generation Email Security Platform
SAN MATEO, Calif. – Jan. 10, 2017 – Agari, a leading cybersecurity company, today announced a year of tremendous growth, achieving 95 percent revenue growth for the second half of 2016, led by the rapid adoption of Agari Enterprise Protect, the industry’s first solution that stops sophisticated social engineering-based email attacks including spear phishing and Business Email Compromise (BEC). The company also expanded into new vertical markets, with major customer wins driven by growing enterprise adoption of cloud email services including Microsoft Office 365 and Google G Suite.
“Email security is a board-level topic for organizations of all sizes, as it’s no longer a matter of ‘if’ but ‘when’ a cyberattack will occur. Enterprises are having to rethink how they can protect their employees, customers and partners from these sophisticated email attacks that circumvent ‘traditional’ security solutions,” said Ravi Khatod, CEO for Agari. “Over the past year, we have put the final pieces in place to ensure Agari is at the forefront of this battle for cybersecurity. The Agari Email Trust Platform is the only solution available today that actively prevents advanced email attacks that use identity deception to trick people into giving away confidential information that puts our personal data, as well as our security at risk.”
Agari highlights for 2016 include:
Agari, a leading cybersecurity company, is trusted by leading Fortune 1000 companies to protect their enterprise, partners and customers from advanced email phishing attacks. The Agari Email Trust Platform is the industry’s only solution that ‘understands’ the true sender of emails, leveraging the company’s proprietary, global email telemetry network and patent-pending, predictive Agari Trust Analytics to identify and stop phishing attacks. The platform powers Agari Enterprise Protect, which help organizations protect themselves from advanced spear phishing attacks, and Agari Customer Protect, which protects consumers from email attacks that spoof enterprise brands. Agari, a recipient of the JPMorgan Chase Hall of Innovation Award and recognized as a Gartner Cool Vendor in Security, is backed by Alloy Ventures, Battery Ventures, First Round Capital, Greylock Partners, Norwest Venture Partners and Scale Venture Partners. Learn more at https://www.agari.com and follow us on Twitter @AgariInc.
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