Company Achieves Record 892 Percent Revenue Growth; Emerges as Leader in Phishing Threat Management and Intelligence Solutions Market
LEESBURG, Va. – November 13, 2015 – PhishMe, the leading provider of phishing threat management solutions, today announced it ranked number 99 on the prestigious Deloitte Technology Fast 500™, a ranking of the 500 fastest growing companies in North America, for its recent hyper-growth of 892 percent over three years. As phishing attacks continue to be the primary cyberattack vector enterprises face, PhishMe’s world-class solution has emerged as a dominating force in the phishing threat management and intelligence space, spurring the company’s record growth and inclusion on the list.
“We are honored to be recognized on the Deloitte Technology Fast 500 list as we continue this massive period of hyper-growth,” said Rohyt Belani, CEO and co-founder of PhishMe. “Our team is dedicated to providing enterprises with a holistic solution to mitigate, detect and respond to cyberattacks, and this growth validates the relevance and success of our products. We look forward to continuing this momentum into the new year as we maintain our commitment to product innovation and customer satisfaction.”
The company’s recent momentum is driven by the success of its solution that helps organizations condition employees to detect and report phishing emails, adding an extra layer of defense against one of the most prolific threat vectors attacking enterprises today. This accolade comes on the heels of PhishMe’s recent acquisition of threat intelligence provider Malcovery, which further enhanced the depth of its offerings and increased the total employee headcount to 200. PhishMe was also recently named to the 2015 Inc. 5000 list of fastest growing private companies for its explosive growth.
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,” added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. “We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole.”
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.
Connect with PhishMe
- Follow PhishMe on Twitter: https://twitter.com/phishme
- Follow PhishMe’s Blog: https://http://cofense.com/blog/
- Follow PhishMe on LinkedIn: https://www.linkedin.com/company/phishme-inc-
PhishMe® is the leading provider of threat management for organizations concerned about human susceptibility to advanced targeted attacks. PhishMe’s intelligence-driven platform turns employees into an active line of defense by enabling them to identify, report, and mitigate spear phishing, malware, and drive-by threats. Our open approach ensures that PhishMe integrates easily into the security technology stack, demonstrating measurable results to help inform an organization’s security decision making process. PhishMe’s customers include the defense industrial base, energy, financial services, healthcare, and manufacturing industries, as well as other Global 1000 entities that understand changing user security behavior will improve security, aid incident response, and reduce the risk of compromise.