Cybersecurity Firm Webroot Announces 19th Consecutive Quarter of Double-Digit Business Growth

 

Webroot, a threat intelligence service that is used by market leading companies like Cisco, F5 Networks, Citrix, Aruba, Palo Alto Networks, and A10 Networks, has announced the nineteenth consecutive quarter of double-digit, year-over-year company growth. Webroot now serves more than 13,300 managed service providers (MSPs) globally, up from 10,200 MSPs at the end of its first quarter in 2018.

The cybersecurity company announced 11 percent year-over-year annual recurring revenue (ARR) growth for the first quarter of its 2019 fiscal year, ending on September 30, 2018.

“With 19 consecutive quarters of double-digit growth under our belts, it truly is an exciting time to be at Webroot,” said Mike Potts, CEO of Webroot. “Our network of MSPs serving small- and medium-sized businesses continues to grow at record rates because Webroot is laser-focused on what this market needs to combat the ever-growing risk of threats: cybersecurity that is comprehensive, effective, and simple to deploy and manage.”

CRN Top 100 Executives

CRN named Webroot President and CEO Mike Potts to its 2018 list of Top 100 Executives. The annual list highlights the top CEOs and leaders in technology who have played an integral role in shaping today’s IT channel.

Headquartered in Colorado, Webroot operates globally across North America, Europe, and Asia. While serving companies like Cisco, F5 Networks, Citrix, Aruba, Palo Alto Networks, and A10 Networks, Webroot recently added a dozen new ‘BrightCloud Threat Intelligence Services (BCTI)’ technology alliance partners, protecting customers’ networks and end users from malicious URLs, IPs, files, and mobile apps. Webroot’s real-time threat intelligence services would enable customers to proactively and accurately protect against the latest in online threats, managing their digital risk.