Code Green Networks Achieves 84% Revenue Growth

Increased Demand for Data Loss Prevention (DLP) in the Cloud Drives Customer Acquisitions

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Code Green Networks

Not only did we continue to build on our profitability, but our proven data loss prevention solutions are being implemented by more top-tier Financial, Healthcare, and Retail organizations than ever before.

Sunnyvale, CA (PRWEB) June 20, 2014

Code Green Networks, the leading Data Loss Prevention (DLP) provider for both the Enterprise and Cloud deployments reported finishing its fiscal year ending May 31 with 84% year over year growth. The company also announced a 300% upsurge in its OEM business. Now celebrating its ten-year anniversary, the company attributes its significant growth to the increasing amount of sensitive information companies are storing online (e.g. cloud storage) and the clear demand for “proven” protection for this data. According to analysts, without the addition of Cloud Data Loss Prevention, the growth in the billion dollar enterprise content-aware DLP market is accelerating and has doubled over the past four years

Code Green Networks saw demand increase across the breadth of its TrueDLP™ Data Loss Prevention suite of established products (Network DLP™, Discovery DLP™, Endpoint DLP™) and from the announcement of its most recent Cloud DLP™ solution. Cloud DLP™ enables the scanning of enterprise cloud content to ensure compliance and manage risk. It further provides the ability to remove sensitive content from cloud shares and store this data in a local vault. This capability enables organizations to meet data privacy and compliance regulations while storing data in the Cloud. Code Green Network’s Cloud DLP™, which started shipping this year as part of TrueDLP™ version 9.0, provides connectors into the leading Cloud Storage providers.

TrueDLP™ 9.0 is built around the company’s patent pending Database Record Matching™ (DBRM™). DBRM™ is a data detection technology, exclusive to Code Green Networks, that uses mathematical hashes of the actual data to look for the exact identical data when inspecting other sources such as an email, a file share, the cloud, a web posting; anywhere that same information would be problematic if found there. In customer implementations of DBRM™, Code Green Networks has observed organizations experiencing faster implementations of their DLP solution, minimum ongoing management costs and significantly lower risk of the loss of sensitive data because of the accuracy of this technology.

“The past year was a significant one for Code Green Networks,” said Dan Udoutch, President and CEO of Code Green Networks. “Not only did we continue to build on our profitability, but our proven data loss prevention solutions are being implemented by more top-tier Financial, Healthcare, and Retail organizations than ever before. Over ninety-five percent of the appliances we’ve sold are still in production, which is a true testament to the strength of our TrueDLP solution.”

About Code Green Networks
Code Green Networks delivers solutions that help enterprises protect and manage regulated and other sensitive digital information across their data network, whether local, remote, mobile or in the cloud. The company’s solutions have been tested and proven through daily use by hundreds of deployments in large and small organizations across the United States and around the globe.

By investing over 200 man years in software development and working closely with customers since 2004, Code Green Networks has applied innovative technology to produce Data Loss Prevention solutions with the most advanced capabilities available to locate, identify and manage regulated data without the complexity. For more information visit, http://www.codegreennetworks.com

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Database Record Matching™, DBRM™, TrueDLP™, Network DLP™, Discovery DLP™, Endpoint DLP™ and Cloud DLP™ are trademarks of Code Green Networks.


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