Press Releases

AlgoSec Continues Sales Growth and Expansion of Operations in 2012

Network Security Policy Management Vendor Attains Record Number of New Customers

February 05, 2013

Boston, MAAlgoSec, the market leader for Network Security Policy Management, today announced its eighth consecutive year of sales growth, with an average annual sales growth of 54% over the past three years. AlgoSec’s success is marked by impressive worldwide customer adoption of the AlgoSec Security Management Suite, now used by more than 1000 organizations, including 15 of the Fortune 50 and 43 of the Forbes 100 list of global companies.

2012 marked additional significant milestones including new technology partnerships with Palo Alto Networks, McAfee and Blue Coat, the expansion of AlgoSec’s award-winning Channel Program and new releases of the AlgoSec Security Management Suite that deliver the broadest support for network security devices, more automation and deeper policy analysis.

“Enterprise organizations are constantly looking for intelligent automation to address the growing challenges around managing complex network security environments and cyber threats, which is why we continue to experience strong growth,” said AlgoSec’s Co-Founder, CEO and CCSO (Chief Customer Satisfaction Officer), Yuval Baron.  “In 2012, we successfully deployed five multi-million dollar projects, further extending our market leadership, which is driven by continued product innovation, cultivating relationships with best-in-class channel partners, and our endless dedication to customer satisfaction.”

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“We see accelerated demand for our products and 2013 has the makings of another banner year for our market and for AlgoSec as we are uniquely positioned to solve critical security management and cyber security problems for the world’s largest organizations,” said Baron. “We are confident that our latest innovations, coupled with our unrelenting focus on customer satisfaction, will continue to make AlgoSec the partner of choice for improving security and business agility for the world’s leading companies.”
About AlgoSec
AlgoSec is the market leader in network security policy management. AlgoSec enables security and operations teams to intelligently automate the policy management of firewalls, routers, VPNs, proxies and related security devices, improving operational efficiency, ensuring compliance and reducing risk.

More than 1000 of the world’s leading enterprises, MSSPs, auditors and consultancies rely on AlgoSec Security Management Suite for unmatched automation of firewall operations, auditing and compliance, risk analysis and the security change workflow.

AlgoSec is committed to the success of every single customer, and offers the industry’s only money-back guarantee.

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