KnowBe4’s 2019 Quarter 4 Year-Over-Year Sales Skyrocket

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Twenty-seventh consecutive quarter of growth, key leadership hires and several best workplace awards fuel continued hyper-growth.

KnowBe4 leads market growth with 27th consecutive up quarter

KnowBe4 Quarterly Revenue Growth

2019 was a super successful year for KnowBe4 and we’re looking forward to another record-setting year in 2020.

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced a massive year-over-year sales increase with another record-breaking quarter. In the fourth quarter of 2019, KnowBe4 reached 54% growth over Q4 2018, increasing customer accounts to well over 30,000.

The 27th consecutive quarter of hypergrowth has been driven by demand for KnowBe4’s new-school security awareness training, coinciding with a rapidly expanding portfolio of engaging and award-winning training content. The organization also made several key leadership hires and an executive board appointment, including Karina Mansfield as managing director for Australia, James McQuiggan as security awareness advocate, Mark Patton as senior vice president of engineering and independent board member Gerhard Watzinger.

“The success we’ve seen with our growth shows that there’s a huge need for effective security awareness training,” said Stu Sjouwerman, CEO, KnowBe4. “Organizations are especially looking for the type of new-school training that we offer – it’s interactive, on-demand and engaging. KnowBe4 has an enormous content variety for every type of learner. 2019 was a super successful year for KnowBe4 and we’re looking forward to another record-setting year in 2020.”

Other recent and notable milestones and awards for Q4 2019 include:

  • KnowBe4 was honored with two “Best Workplace” awards – one from Glassdoor for one of the best places to work in 2020 and one from FORTUNE for best small and medium workplaces of 2019
  • Launched a new partner program and portal to better enable channel partners
  • Achieved FedRAMP Authorization from the U.S. federal government
  • Launched new features to strengthen organizational security culture with the Security Awareness Proficiency Assessment and Security Culture Survey
  • Released several research initiatives, including the KnowBe4 African Cybersecurity Awareness Report and the KnowBe4 2019 Security Threats and Trends Report

For more information on KnowBe4, visit http://www.knowbe4.com.

About KnowBe4
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, is used by more than 30,000 organizations around the globe. Founded by IT and data security specialist Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security. Kevin Mitnick, an internationally recognized cybersecurity specialist and KnowBe4's Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Tens of thousands of organizations rely on KnowBe4 to mobilize their end users as the last line of defense.

Number 161 on the 2019 Inc. 500 list and #2 in Cybersecurity Ventures Cybersecurity 500. KnowBe4 is headquartered in Tampa Bay, Florida with European offices in England, the Netherlands, Germany and offices in Brazil, Australia, Japan, South Africa and Singapore.

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Kathy Wattman
Knowbe4
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