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iboss Continues Strong Momentum with Record Growth in Q2 as Large Global Organizations Demand Cloud-Based Solutions to Support Remote Workforces

Leading SASE Cloud Provider Experienced 110% Increase in New Business Bookings (Y/Y); Successful Quarter Buoyed by Launch of Industry-first Unlimited SASE Cloud Offering, Prestigious 'Customers' Choice' Distinction and Continued Advancement of GTM Efforts


News provided by

iboss

Jul 20, 2021, 09:00 ET

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BOSTON, July 20, 2021 /PRNewswire-PRWeb/ -- iboss, the leading Secure Access Service Edge (SASE) cloud security provider, today announced that it closed the second quarter of 2021 with record growth. Since raising $145M in early January to propel the company's go-to-market efforts, iboss' momentum has continued to exponentially accelerate. New business bookings increased 110% in comparison to the second quarter of 2020, driven by several industry-leading product announcements, industry accolades and executive new hires.

Over the last quarter, iboss launched an industry-first unlimited SASE cloud offering, was named a Customers' Choice for Secure Web Gateways in North America in Gartner Peer Insights Voice of the Customer, welcomed new executive hires to support GTM efforts and continued adoption and expansion from large F1000 customers, including one of the top Payroll/HR online enterprises. This exceptional and sustained growth is largely attributed to organizations rethinking their network and security needs to better support remote and hybrid workforces.

“The COVID-19 pandemic has changed the way people work, likely forever," said Paul Martini, CEO of iboss. "The iboss Cloud Platform is purpose-built to help organizations ensure users can quickly and securely connect to any application they need, regardless of location – and all in the cloud.”

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"The COVID-19 pandemic has changed the way people work, likely forever. The future of work is remote," said Paul Martini, CEO of iboss. "On-premises network security appliances can't support today's new 'work from anywhere' world. With the unprecedented rash of ransomware and other types of professional and nation-state sponsored cyberattacks, organizations can't afford to risk user connectivity or security, which is why there's been a seismic shift to cloud-based SASE platforms to help support remote workforces. The iboss Cloud Platform is purpose-built to help organizations ensure users can quickly and securely connect to any application they need, regardless of location – and all in the cloud."

Key Q2 2021 Milestones:
-New business bookings for the second quarter of 2021 increased 110% compared to new business bookings in the second quarter of 2020
-Named Customers' Choice for Secure Web Gateways in 2021 Gartner Peer Insights Voice of the Customer: Secure Web Gateway; As of April 2021, iboss received a 4.7 rating (out of 5) for product capabilities, sales experience, deployment experience, and support, with 90 percent of customers willing to recommend the platform.
-Introduced an industry-first SASE cloud offering based on unlimited licensing; added 18 new features and made 60 enhancements to the iboss Cloud Platform. New features included: FTP Relay and Private Access for users on macOS devices.
-Added one of the top global Payroll/HR online enterprises as a new customer, in addition to new enterprise customers across all major industry verticals including banking/financial services, high technology, manufacturing, retail, energy, media and government
-Had exponential employee growth, adding over 100 employees globally across sales, marketing and engineering functions; iboss has a 4.7 rating out of 5 stars with 93% of employees willing to recommend the company to a friend
-Welcomed several executive hires to help lead GTM efforts. Executive appointments include Pedro Vidal as Senior Vice President of Americas Sales, Dmitry Gladchenko as Vice President of Finance and Corporate Controller, and Craig Mueller as VP of Federal Sales.
-Received recognition of security excellence and leading innovation from dozens of industry influencers, including:

  • 2 Gold Globees: Leader in SWG, Hot Technology of the Year
  • Leader in SaaS/Cloud Security in 2021 Cyber Defense Global Infosec Awards
  • Four iboss Leaders were named to CRN's 2021 Women of the Channel list

The iboss SASE Cloud Platform is a purpose-built, patented containerized cloud architecture. iboss solves the challenge many organizations continue to face as they support remote users by allowing them to securely connect directly to any cloud application, with protection and visibility in place. The iboss cloud platform provides network security as a service, delivered in the cloud, as a complete SaaS offering. iboss eliminates the need for traditional network security appliances, allowing organizations to secure network traffic from anywhere to protect against malware and data loss.

For more information about iboss, visit: http://www.iboss.com.

About iboss
iboss is a cloud security company that provides organizations and their employees fast and secure access to the Internet on any device, from any location, in the cloud. The iboss SASE cloud platform provides network security as a service, delivered in the cloud, as a complete SaaS offering. This eliminates the need for traditional network security appliances, such as firewalls and web gateway proxies, which are ineffective at protecting a cloud-first and mobile world. Leveraging a purpose-built cloud architecture backed by 230+ issued and pending patents and more than 100 points of presence globally, iboss processes over 100 billion transactions daily, blocking nearly 4 billion malware threats per day. More than 4,000 global enterprises trust the iboss SASE cloud platform to support their workforce, including a large number of Fortune 50 companies. To learn more, visit https://www.iboss.com/.

Media Contact:
Jake Klein
Goldin Solutions
[email protected]
646-660-8644

Media Contact

Alison Raymond, iboss, 17814206337, [email protected]

SOURCE iboss

Related Links

https://www.iboss.com

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