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Barkly Announces 273% Quarter-over-Quarter Business GrowthBarkly, the company advancing endpoint security by combining the strongest, smartest protection with the simplest management, today announced 273% quarter-over-quarter annual recurring revenue growth for the fourth quarter of 2017. Barkly's explosive growth is fueled by Barkly's unique ability to protect businesses against the growing threat of fileless attacks and exploits, which are missed by legacy antivirus solutions. According to a recent Ponemon Institute report, fileless attacks are 10x more likely to succeed than file-based attacks. In addition to the significant revenue growth, Barkly made industry leading advances to deliver the first Mobile Incident Response solution to the endpoint security market. Organizations now have the critical ability to respond to incidents from their iOS or Android (News - Alert) device wherever they are, view forensic details on blocked attacks, and take action with 1-click. Barkly also added a third patent to their portfolio during this period. Barkly integrates CPU-level information with other behavioral indicators to identify and block malicious activity protecting companies from the most sophisticated threats in the evolving threat landscape. These patented techniques protected Barkly's customers from widespread attacks like WannaCry, NotPetya, and Emotet, while also blocking complex lateral threat vectors like the NSA exploit EternalBlue. "Barkly's unique and patented approach kept our customer's protected against an unprecedented number of threats in 2017. As the number of threats continue to grow in size and sophistication in 2018, Barkly's smarter approach will keep our rapidly expanding customer based protected even as the threat landscape continues to evolve and grow," said Mike Duffy, Barkly CEO. Barkly was also validated by AV-Test for antivirus replacement. Their comprehensive testing, completed in November of 2017, proved Barkly's antivirus replacement efficacy with zero impact to performance. Additionally, Barkly secured validation for HIPAA, PCI DSS Requirement 5 and NIST compliance from Coalfire. "Barkly has enabled us to replace our legacy AV with the strength of protection needed to block today's advanced attacks. Barkly is completely modernizing endpoint protection software. It's the first interface I've used that actually makes it easier to manage protection," said Neal Richardson (News - Alert), Director of Technology at Monadnock Regional Schools District. Key Q4 2017 Highlights
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View source version on businesswire.com: http://www.businesswire.com/news/home/20180116005476/en/ |