[February 22, 2012]

Damballa Now Protects Over 125 Million Endpoint Devices against Cyber Threats

Damballa Inc., the company transforming the fight against cyber threats, announced that its advanced threat detection solutions are now protecting more than 125 million endpoint devices worldwide. In addition, 2011 was a record year for the company in terms of revenue growth and new customer acquisition.

Damballa network security solutions provide protection against targeted, zero-day and advanced malware threats for some of the largest enterprise networks, and leading telecommunications and Internet service providers (ISPs) around the world. It is the only advanced threat protection solution that protects any type of network-connected device including servers, PCs, Macs, Unix, iPads, smartphones and embedded systems.

"2011 marked a period of tremendous growth and accomplishment for Damballa," said Val Rahmani, CEO, Damballa. "Damballa revenue more than doubled in 2011 while we maintained a customer renewal rate of 100 percent. Our customers tell us that the reason they invested in Damballa is our ability to discover the unknown threat - threats that have evaded all other security measures. And they are reporting a strong return on their Damballa investment by reducing their overall cost of threat discovery and incident response, while they rapidly identify and terminate criminal activity before it can do harm. It is exciting that we are now protecting more than 125 million devices worldwide."

"The mobile and bring-your-own-device (BYOD) market is changing the game in enterprise network security and is driving a lot of interest in Damballa network security solutions," added Rahmani. "Our unique ability to discover advanced threats on any device type is something our customers find very compelling."

In addition to a record year of growth and customer acquisition, in 2011 Damballa accomplished the following:

• Received the Frost & Sullivan's 2011 Product Innovation Award in Cyber Threat Protection.
• Delivered its most significant product release for protecting enterprise networks from advanced threats,
  
  Damballa Failsafe 5.0, adding real-time analysis of suspicious binaries as another piece of evidence to help identify targeted and zero-day threats.
• Completed research projects that resulted in four additional patents-pending.
• Recognized by Gartner (News - Alert) in a new network security category - Advanced Threat Detection/Protection.
• Damballa was Named one of "Atlanta's Best Places to Work" by the Atlanta Business Chronicle for the second year in a row.
• Named a Top 10 Innovative Technology Company in Georgia, by the Technology Association of Georgia.
• Received $12 million in new equity funding to further extend its technology leadership position and capitalize on growing global demand.
• CEO Val Rahmani was named Atlanta Telecom Professional of the Year by the Association of Telecom Professionals.
• Vice President of Research Gunter Ollmann was named to the Board of newly re-branded M³AAWG, the Mobile, Malware and Messaging Anti-Abuse Working Group (previously known as MAAWG).
• Principal Scientist Manos Antonakakis was a featured speaker at the 20th Annual USENIX Security Symposium.
• Senior Threat Researcher Sean Bodmer briefed Congress on current threats to U.S. Cyberspace.

"Damballa is capitalizing on rapidly growing market interest by doubling the size of its sales force and adding strategic partners to help meet demand," concluded Rahmani. "Just recently, we have joined forces with two of the premier technology consulting firms to provide licensed technology to perform network security health checks and post-breach assessments. With a record period of growth and significant advances in our product and threat research capabilities and innovations, Damballa is clearly positioned as the leader in the fast growing market of advanced threat protection."

About Damballa

Damballa is a pioneer in the fight against cybercrime. Damballa provides the only network security solution that detects the remote control communication that criminals use to breach networks to steal corporate data and intellectual property, and conduct espionage or other fraudulent transactions. Patent-pending solutions from Damballa protect networks with any type of server or endpoint device including PCs, Macs, Unix, iPads, smartphones and embedded systems. Damballa customers include mid-size and large enterprises that represent every major market, telecommunications and Internet service providers, universities, and government agencies. Privately held, Damballa is headquartered in Atlanta. http://www.damballa.com

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