Since joining ZeroNorth as CEO seven months ago, I have been inspired and energized by our team’s commitment to helping organizations tackle the pervasive software application security challenge.
According to the House Science, Space, and Technology Committee, one in three US cybersecurity jobs are now vacant, which means organizations everywhere must combat growing threats with fewer resources. The need for a centralized approach that streamlines processes and automates manual tasks—while giving organizations a more complete, contextualized and prioritized view of risk—has never been greater.
Our unique approach to orchestrating risk-based vulnerability management across applications and infrastructure is helping leading organizations like Raytheon, Bidpath and Zerto accelerate software delivery and bring dev, ops and security teams together while bolstering their overall security posture.
It’s clear we are doing something right! We’ve witnessed tremendous industry traction, increased annual recurring revenue by more than 300%, doubled our customer base, collected an all-star team of cybersecurity professional and introduced a host of new platform innovations to jump-start AppSec initiatives and deepen integrations across the SDLC. Technology news site, CRN, recently dubbed us one of the “Hot Cybersecurity Startups You Need to Know About” during this year’s RSA Conference. Our platform’s unique ability to orchestrate and integrate the many different security scanning tools organizations use today had the ZeroNorth booth buzzing all week.
We’re continuing this momentum by raising a $10M Series A+ funding round to bring continuous, end-to-end security to DevOps. This round is led by Crosslink Capital with participation from other existing investors ClearSky, Rally Ventures and Petrillo Capital.
This creates an exciting opportunity at a critical time. Not only will this round enable our team to rapidly expand key functions—including engineering, customer support and sales to meet fast-growing market demand—it will also help us continue our mission-driven approach. This effort includes providing security and risk leaders with innovation in vulnerability orchestration and analytics that accelerates security, delivers continuous risk visibility and powers secure digital transformation.
In other exciting news, we have welcomed Matt Bigge, partner at Crosslink Capital, to the ZeroNorth board of directors. A veteran cybersecurity expert, Matt carries a strong track record of investing in leading edge technology companies from CloudShield (SAIC) to Narus (Boeing) to ArcSight (HP). We’re thrilled to have him on our board as we progress on our journey to improve security across applications and infrastructure, while creating significant savings and freeing resources consumed by traditional software security programs.
It’s a very exciting time for our company, but there is much work to be done! ZeroNorth is tackling an extremely complex problem with real consequences for companies. It’s not easy, but we believe in what we’re doing and know we’re helping organizations make significant improvements in their cybersecurity programs. We’re looking for like-minded individuals to join our ranks. If you’re interested in working with an incredible, diverse team on a breakthrough technology with strong VC backing, we want to hear from you!
We look forward to the future and our commitment of innovation to solve the most pressing application security challenges facing business today. Join us!