Lastline Ranks Among Top 10 Security Companies on the 2018 Inc. 5000 List of America's Fastest-Growing Private Companies
Company's rapid growth results from global demand for innovative network and email security products for defeating advanced threats
NEW YORK, Aug. 22, 2018 /PRNewswire/ -- Inc. magazine today revealed that Lastline®, the leader in advanced threat protection, is No.8 among security companies on its 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent businesses.
"Such a high ranking within this august group of companies is proof of the high demand for our innovative technology," noted Lastline Co-founder and CEO, Dr. Christopher Kruegel. "The market recognizes our unique capabilities for applying artificial intelligence (AI) to the combination of network traffic analysis and malware behavior analysis to deliver actionable alerts at a very low TCO and with very few false positives that waste limited resources."
Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000's aggregate revenue was $206.1 billion in 2017.
"If your company is on the Inc. 5000, it's unparalleled recognition of your years of hard work and sacrifice," says Inc. editor-in-chief, James Ledbetter. "The lines of business may come and go, or come and stay. What doesn't change is the way entrepreneurs create and accelerate the forces that shape our lives."
Lastline delivers AI-driven network and email security to prevent advanced threats from entering or operating in enterprise network. Informed by years of threat research, malware behavior analysis, and investigation, Lastline products provide a high-fidelity assessment of advanced threats, resulting in the industry's most accurate and contextual network security. The company's technology analyzes network traffic and draws from its vast repository of malicious behaviors to understand the context of the anomalous behaviors it detects. Applying AI to both network traffic and malicious behavior gives us unmatched insight into advanced threats. This is "AI Done Right."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
About Lastline
Lastline, Inc. provides innovative AI-driven network and email security products that detect and defeat cyberattacks. We deliver automated detection, analysis, and response to completely remediate advanced threats before damaging and costly data breaches occur, with fewer resources and at lower cost. Headquartered in Redwood City, California with offices throughout North America, Europe and Asia, Lastline's technology is used by Global 5000 enterprises, is offered directly and through resellers and security service providers, and is integrated into leading third-party security technologies worldwide. www.lastline.com
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
About the Inc. 5000
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent as of December 31, 2017. The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million.
SOURCE Lastline
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