Underscoring Year of Strong Momentum, Zenedge Expands Leadership Team; Appoints Allan Thompson as Chief Revenue Officer to Accelerate Growth

AVENTURA, Fla., Aug. 8, 2017 /PRNewswire/ -- In response to escalating cyber threats worldwide, Zenedge, a leading global provider of cloud-based, artificial intelligence-driven cybersecurity solutions, has strengthened its core leadership team, adding security industry heavyweight, Allan Thompson, as Chief Revenue Officer. The appointment of Thompson, a 20-year veteran of cybersecurity services with leading technology corporations, supports the company's plans for continued growth and global expansion, following a strong performance in 2016 and early 2017.

"Zenedge has experienced tremendous success and the appointment of Allan brings additional firepower to our already impressive team of industry leaders," said Yuri Frayman, CEO at Zenedge. "Allan's deep understanding of the global marketplace and the go-to-market strategy to sell security technologies around the world will be instrumental as we continue to lead the cloud security space in innovation and field a growing number of inquiries for web application firewall, network protection and bot mitigation support."

In his new role, Thompson is tasked with leading the company through its next phase of growth – driving strong revenue momentum, leading operations of the sales team and providing the strategic vision behind the company's business development initiatives. "Over the course of his career, Allan has proven that he is up to the challenge of growing a business in a complex and crowded market – whether they are start-ups, early stage or well-established enterprises – and is extremely effective in doing so. His ability to identify unique opportunities for next-gen security products and services will be invaluable in taking Zenedge to the next level," continued Frayman.

Thompson has notable experience in the field of cybersecurity, with expertise spanning anti-virus, intrusion prevention, data loss prevention, endpoint security, database security, network security analytics, network asset protection, web application firewall, and cloud and on-premise DDoS security services. Prior to joining Zenedge, he formerly served as the Chief Operating Officer for NSFOCUS and has held prior roles at McAfee and Trend Micro.

"I've always been attracted to organizations that place an emphasis on innovation and Zenedge is at the forefront of modernization for DDoS, WAF, Artificial Intelligence, API Security, and Bot Management services," said Allan Thompson, Chief Revenue Officer at Zenedge. "In the face of rising threats, our customers need a partner who can not only help them tackle the security challenges of today, but also understand what emerging risks are on the horizon and what technology will be needed to combat them in the future. Our suite of cybersecurity services is redefining the landscape for threat protection and I welcome the challenge of steering this company to the next level of success and fueling future growth."

The appointment of Thompson comes on the heels of a strong year for Zenedge with recent highlights including:

• Raised $6.2 million in Series C funding led by Pilot Growth Equity.
• Launched Zenedge Bot Manager – featuring advanced bot detection and mitigation technology based on behavioral analysis and device fingerprinting, leveraging 50+ attributes to detect and mitigate sophisticated bots.
• Released Zenedge's patent-pending API Security solution – leveraging advanced algorithms to eliminate API attacks at the edge of the network and protect against dictionary attacks, Layer 3/4/7 DDoS attacks, API malicious usage, automated API scraping and API hijacking.
• Currently protects over 800,000 web applications and networks using proprietary machine learning algorithms, threat intelligence and big data analysis.
• Increased company headcount by 40 percent and established a UK subsidiary.

To learn more about Zenedge visit http://www.zenedge.com.

About Zenedge
Zenedge is a leading, global provider of cloud-based, artificial intelligence-driven cybersecurity solutions. The Zenedge Cybersecurity Suite is powered by proprietary artificial intelligence (AI) technology. Zenedge AI inspects web traffic in real-time, identifies threats and behavior anomalies and dynamically updates security postures accordingly – enabling enterprises to take an adaptive and proactive approach to securing their web applications and networks. 

Zenedge protects over 800,000 web applications and networks for organizations in eCommerce, Education, Energy, Entertainment, Financial Services, Gaming, Government, Healthcare, Media and Technology industries. Zenedge is headquartered in Aventura, Florida. For more information, visit www.zenedge.com or follow us on Twitter: @Zenedgeprotect

SOURCE Zenedge

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