BOSTON, Mass. - March 23, 2016 --
Threat Stack, a leader in cloud security management and compliance today reported a 100 percent increase in bookings quarter over quarter for the last four quarters and closed 2015 with a record 300 percent growth in customers. Threat Stack currently monitors tens of thousands of workloads in the cloud, including customers such as PagerDuty, Simple Finance and Coursera. With IDG Enterprise reporting that 48 percent of enterprises are moving to the cloud to replace on-premise, legacy technology in 2016 and 64 percent of enterprise leaders citing cloud security as the biggest challenge in cloud computing¹, Threat Stack is poised to support this explosive market growth with the Threat Stack Cloud Security Platform™ (CSP). The cloud native, fully-integrated platform supports data across all environments, cloud security providers and containers, eliminating the need for fragmented solutions and reducing the complexity of security concerns facing IT leaders and CIOs.
To drive marketing strategy, continued customer and partnership growth, key integrations and increased industry presence, Threat Stack also announced the appointment of Leigh Merrigan Moore as Vice President of Marketing to propel the company’s position in the market as a leading cloud security platform vendor. Moore will serve as the strategic lead of all marketing efforts, increasing the company’s market profile and lead generation through brand development, content creation and public relations. Moore brings more than 12 years of experience to the role, and previously served as VP of marketing at Logentries and director of marketing at AppNeta.
“As adoption of cloud technology continues to grow, we’re seeing incredible response from new and existing customers who are facing increasing pressures for security and compliance,” said Brian M. Ahern, Chairman and CEO, Threat Stack. “With the massive demand for one integrated solution to manage across a cloud-based environment, we are excited to have strategic marketing leadership in place to accelerate our external and internal growth in 2016.”
To support current and expected growth, Threat Stack plans to continue to build out its engineering, sales and marketing teams and is undergoing plans to move its Summer Street offices to accommodate headcount increases late summer 2016.
For more information on Threat Stack, please visit www.threatstack.com.
¹IDG “2015 Cloud Computing Survey”, Nov 17, 2015
Threat Stack enables growth-driven companies to scale with confidence by identifying and verifying insider threats, external attacks and data loss in real-time. The only fully integrated, cloud-native continuous monitoring solution that gives customers instant visibility and automatically responds to changes in their environment, Threat Stack provides the coverage needed to run secure and compliant, in all environments, without sacrificing speed and efficiency. For more information, or to start a free trial, visit threatstack.com.
Allison Stokes
fama PR for Threat Stack
(617) 986-5010
threatstack@famapr.com