Twistlock Announces Record Growth in 2017; expands customer base by over 250%
Company moves headquarters to Portland after over 300% headcount growth in 2017
PORTLAND, Ore., Jan. 31, 2018 /PRNewswire/ -- Twistlock, the leading provider of container and cloud native cybersecurity solutions, today announced record growth in 2017 across all aspects of the business. Twistlock's record 2017 cements the company's position as the leader in cloud native cyber security and provides a strong basis for continued momentum throughout 2018. Twistlock also today announced the move of its corporate headquarters to Portland, Oregon, driven by significant headcount and customer growth over the past year.
In 2017, Twistlock saw significant growth as a company, including expanding to four offices worldwide, a 300% increase in headcount, and a funding round led by Polaris Partners with participation from existing investors YL Ventures, TenEleven and Rally Ventures that brought the company's funding to over $30M. On the product front, Twistlock continued to lead the industry by releasing two first-of-their kind cloud native layer 3 and layer 7 firewalls. With Twistlock 2.3, the 12th major release of the platform, Twistlock unified support for security for containers with serverless functions, thereby reinforcing the platform's position as the most comprehensive solution for cloud native cybersecurity.
"Moving our headquarters to Portland is another step in our journey to build a sustainable business. Spurred by the continued momentum within our customer base, we're laser-focused on building a true cybersecurity platform for cloud native environments in 2018 and beyond," said Ben Bernstein, chief executive officer at Twistlock. "This move will help us continue to drive business momentum by bringing us closer to customers, encouraging innovation and fostering a team of great talent."
Today's announcement caps off a period of significant growth that saw Twistlock cement its industry leadership and make significant advancements in cloud native cybersecurity research through the work of Twistlock Labs. Key milestones for Twistlock throughout 2017 include:
- Over 250% customer growth, with 400% growth within the Fortune 500
- Headcount growth of over 300% worldwide, and expansion to offices in New York City and Portland
- Over 175% growth of channel-based business, and over 250% growth in Twistlock Partner Program membership
- The release of Twistlock 2.3, the 12th major release of the Twistlock platform, and the first cybersecurity platform to unify security for containers, serverless functions and other cloud native technologies
- Discovery by the Twistlock Labs research of 3 container related 0-day exploits affecting thousands of container users worldwide
"Today's announcement highlights what a significant impact Twistlock continues to make on the cybersecurity industry," said Joshua Thorngren, vice president of marketing at Twistlock. "The growth we've seen in our customer base and partner program highlights the demand for a new, cloud native, approach to cybersecurity that does away with legacy approaches and provides automated, scalable full-lifecycle protection. It's clear from our hundreds of satisfied customers that Twistlock fulfills that demand, bringing stronger protection to enterprises worldwide."
About Twistlock
Twistlock is the leading provider of container and cloud native cybersecurity solutions for the modern enterprise. From precise, actionable vulnerability management to automatically deployed runtime protection and firewalls, Twistlock protects applications across the development lifecycle and into production. Purpose built for containers, serverless and other leading technologies, Twistlock gives developers the speed they want and CISOs the controls they need. Twistlock's mission is to provide a full, enterprise-grade security stack for containers, so organizations can confidently adopt and maximize the benefits of containers in their production environment. For more information, please visit www.twistlock.com
Twistlock Contacts
Jeannie Christensen
415.341.6713
[email protected]
Media Relations
Rachel Nelson
415-299-6600
[email protected]
SOURCE Twistlock
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