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ZENEDGE Announces Record Quarter with Growing Momentum to Displace On-Premise and Legacy WAF and DDoS Solutions
Hardened DDoS Mitigation Centers, New Artificial Intelligence Web Application Firewall, Key Customer Wins Contribute to Triple-Digit Growth AVENTURA, Florida, May 12, 2016 /PRNewswire/ -- ZENEDGE, a leading provider of cloud-based, artificial intelligence (AI) driven Web Application Firewall (WAF) and DDoS cybersecurity solutions, announced today record breaking 1Q2016 performance. The company continues to win and onboard key customers at a rapid pace and is on a strong growth trajectory as it meets the demand for cloud-based cybersecurity, managed 24x7 by top cybersecurity experts. Organizations are looking to cloud-based, turnkey cybersecurity solution providers that understand the challenges in the space and manage the solution entirely, as a natural extension of the in house IT organization. ZENEDGE combines management of an enterprise-grade web application firewall with commercial rules, threat intelligence feeds, DDoS Layer 3, 4 and Layer 7 protection with a user-friendly, real-time web portal. This portal, in conjunction with a 24x7 tuning and monitoring service provided by top cybersecurity experts, places ZENEDGE in a winning market position with a clearly differentiating value proposition. Triple-digit Growth ZENEDGE is at the heart of the fast growing and converging DDoS and WAF markets, delivering a seamless solution to protect web applications and networks, addressing the needs of a multi-billion dollar market. As a result, the Company was able to demonstrate significant growth:
Key Customer Acquisitions ZENEDGE continues to win against established legacy vendors and displace incumbent WAF and DDoS providers. The Company continues to have strong momentum in gaming, media and entertainment, e-commerce and information technology verticals, with a large number of strategic wins providing network DDoS protection for ISPs, data centers and hosting solution providers. Specific industry wins include:
ZENEDGE continues to deliver on its vision of a next generation platform with best-in-class capabilities for web application firewall and DDoS mitigation. Some of the new features introduced on the ZENEDGE platform include:
"In 2014, we set out to deliver an enterprise class, cloud-based managed cybersecurity solution to address the growing need to deliver expertise and automation to an industry that heavily relied on manual labor and people to monitor and mitigate cyber-attacks," said Yuri Frayman, CEO at ZENEDGE. "Our momentum to date and acceptance of our solution and the high customer retention rate is proof that organizations are ready to leave behind the legacy solutions and embrace a platform powered by machine learning and automation techniques and managed by top cybersecurity experts, with no on premise hardware. We are grateful for the rapid adoption to date and will continue to innovate and provide our customers with the best cybersecurity solution to ensure their web applications and networks remain safe and operational." Additional Resources:
About ZENEDGE ZENEDGE is a leading global provider of cloud-based cybersecurity solutions for Web Application Firewall (WAF) and DDoS mitigation. The company announced in 2016 Artificial Intelligence (AI) for Cybersecurity and one week later was honored for being a security company to watch in Los Angeles. ZENEDGE is Level 1 PCI Compliant and protects thousands of web sites and networks for SaaS, Data Centers, Energy, Gaming, Financial Services, eCommerce, Technology, Media, Entertainment, Healthcare and Government. ZENEDGE is headquartered in Aventura, Florida and lead by technical pedigrees who have exited to Google. For more information, visit www.zenedge.com. Logo - https://goo.gl/Rv9b2z |