[January 29, 2019] |
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Sectigo Announces 2018 Achievements Highlighted by More Than 20 Percent YoY Growth, Enterprise and Channel Sales, Web Security Innovations, and Executive Additions
Sectigo
(formerly Comodo CA (News - Alert)), the world's largest commercial Certificate
Authority and a leader in web security solutions, today announced more
than 20% year-over-year (YoY) sales growth. Drivers of the company's
growth include increasing market demand for enterprise solutions that
provide automated PKI management for public and private certificates,
the addition of website backup and recovery services, and the company's
expanding global network of resellers.
In November 2018, Comodo CA rebranded as Sectigo to limit market
confusion and better represent the breadth and direction of its
solutions. The company also stepped up its efforts beyond its core
TLS/SSL digital certificate business, grew enterprise and channel sales,
and added industry-leading talent to support geographic expansion.
"2018 was a breakthrough year for Sectigo, as we significantly outpaced
competitors in the market with our growth," said Bill Holtz, CEO,
Sectigo. "Our expanding team is meeting new challenges and delivering
innovative solutions, and we look forward to building on our
accomplishments as a leading provider of multi-layered defenses against
threats on websites, email, devices, and in the cloud."
2018 Sectigo growth milestones include:
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New Enterprise Customers - Fueled by the adoption of its
Private CA , S/MIME Email Encryption, Certificate Manager, and IoT
Manager solutions, Sectigo increased Enterprise sales by more than 20%
YoY (including enterprise channel sales), adding marquee
enterprise brands including Credit Agricole, GAP, PetSmart, and
Vanguard. These companies join an already impressive roster of
companies, including Intel (News - Alert), InterContinental Hotels Group (IHG), and
ManuLife. Today, 35% of the Fortune 1000 use Sectigo products.
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Channel Growth - Sectigo achieved nearly 40% YoY sales growth
and added 40 new strategic partners, including CertCenter,
UniRegistry,
WHMCS
(for CodeGuard), and Korean Information Certificate Authority (KICA)
to its newly revamped
Channel Partner Program, which enables the company to serve
customers across North America, Europe, India, and APAC.
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Acquisition of CodeGuard - In August, Sectigo
acquired CodeGuard, Inc., a global
leader in website maintenance, backup, and disaster recovery.
CodeGuard, which maintains its brand, has since expanded to six
locations in EMEA and APAC to meet international demand for its
services, achieving more than 45% YoY growth.
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IoT Device Security - In June, Sectigo launched a new IoT
device security service, enabling enterprises to deploy and scale
their ecosystems securely and manage the full lifecycle of devices.
The platform is available for a wide range of industries and
applications, including industrial automation, medical devices,
automotive, telecommunications, smart city/smart buildings, and in
consumer electronics. IoT Manager was recognized
for IoT Security Innovation at Computing Security Excellence Awards
in November.
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Certificate Manager Advancements - Sectigo launched Certificate
Manager 6.0 in March, including advanced features like expanded
certificate management for Microsoft (News - Alert) Certificate Authority, an
improved, more secure method for adding certificates with RESTful
Application Programming Interface (API), and automated SSL certificate
management.
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Expanded Operations - In July, Sectigo opened its new
headquarters in Roseland, NJ, to house expanded executive, sales,
support, and operations teams. Sectigo also unveiled a new development
center in Ottawa, Canada to support R&D and quality assurance,
doubling the amount of staff dedicated to delivering services in 15
different languages.
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Industry Talent - Sectigo added veteran
executives from Verisign, Symantec, Entrust (News - Alert), DigiCert, and
GeoTrust, and reached more than 240 employees across offices globally.
About Sectigo
Sectigo (formerly Comodo CA) provides web security products that help
customers protect, monitor, recover, and manage their web presence and
connected devices. As the largest commercial Certificate Authority
trusted by enterprises globally for more than 20 years, and more than
100 million SSL certificates issued in over 200 countries, Sectigo has
the proven performance and experience to meet the growing needs of
securing today's digital landscape. For more information, visit www.sectigo.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190129005211/en/
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