|[January 29, 2014]
Gazzang Looks Toward 2014 Following Year of Record Growth
AUSTIN, Texas --(Business Wire)--
data security experts, today announced year-end results for 2013,
posting revenue growth of more than 250 percent year over year. The
company also more than doubled its global employee base in 2013.
"The demand for data encryption and key management in big data and cloud
environments has never been greater," said Larry
Warnock, CEO of Gazzang. "Our performance in the fourth quarter and
for the full year is a result of our continued product innovation,
commitment to customer service and ongoing investment in our
partnerships. As enterprises migrate more sensitive business data and
processes to the cloud, I expect to see increased demand for our
high-performance, massively scalable data security solutions."
Year-end highlights for 2013 include:
Strong sales: Enterprise customer wins and expansions during
the year included a global provider of healthcare products, office
supplies and industrial equipment; an integrated managed health-care
consortium; a multinational pharmaceutical company; a global provider
of insurance, annuities and benefits programs; and one of the world's
largest semiconductor companies.
Product innovation: Gazzang enhanced its product portfolio with Gazzang
CloudEncrypt™, a solution purpose-built to secure data in-flight
and at-rest within Amazon EMR. The company also expanded the use cases
for its encryption and key management products, zNcrypt™
respectively. Gazzang also announced a security solution for GlusterFS-backed
OpenStack public and private clouds, and became first security
solution to be made available for the Rackspace
managed and public Cloud Big Data platforms.
Gazzang provides data security solutions and expertise to help
enterprises protect sensitive information and maintain performance in
big data and cloud environments. Our technology enables SaaS (News - Alert) vendors,
health care organizations, financial institutions, public sector
agencies and more to meet regulatory compliance initiatives, secure
personally identifiable information and prevent unauthorized access to
sensitive data and systems. The company is headquartered in Austin,
Texas and backed by Austin Ventures and Silver Creek Ventures. For more
information, visit www.gazzang.com.
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