Press Release

CloudLock Closes Q1 2016 with 18th Consecutive Quarter of Record Revenue Growth and Unveils Breakthrough “Cloud Threat Funnel” Methodology

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Cloud security provider launched industry’s first adaptive security platform and was named Cyber Defense Magazine award winner in four categories

Waltham, Mass., April 21, 2016 - Fueled by the rapid growth - and increasing vulnerabilities - within the cloud ecosystem, CloudLock®, the leading provider of Cloud Access Security Broker (CASB) and Cybersecurity-as-a-Service solutions, today reported that the company closed Q1 2016 with its 18th consecutive quarter of record revenue growth. Q1 2016 also saw the launch of the largest security orchestration ecosystem, extending CloudLock’s native CASB security capabilities to enterprises around the world, and the release of the CloudLock CyberLab cybersecurity report, “The Cloud Threat Funnel: Suspicious User Behavior that Matters,” that unveiled a breakthrough methodology to isolate truly malicious threats from the noise.

“We did not waste time kicking off 2016, launching the industry’s largest security orchestration partnership,” said Gil Zimmermann, CEO and co-founder at CloudLock. “Through seamless  integration with providers who have a competitive advantage in their own space, from secure web gateway (SWG) and next-generation firewall (NGFW) to mobile device management (MDM) providers, our joint customers gain incomparable visibility and control across their cloud environments from one platform.”

Office Expansion

The company expanded its global presence to over 150 employees, adding two new office locations to support their distributed teams. Given the company’s sheer growth across its West Coast customer base, as well as within the federal government space, CloudLock opened  offices in San Francisco, and Washington D.C.

Technology Innovation

The company announced the CloudLock Adaptive Security Platform, an industry first, combining advanced cloud analytics, community intelligence, cloud risk insight and cybersecurity ecosystem orchestration to comprehensively address cloud security risks. The platform provides unprecedented detective, preventive, response, and predictive capabilities to combat emerging cloud cyberthreats.

Partnerships and Integrations

  • Partnered with Check Point on a joint solution that discovers and attacks hybrid cloud shadow IT and malware at the source through detection, quarantine, and eradication capabilities.
  • Launched collaboration with AirWatch to combine VMware Identity ManagerTM, AirWatch by VMware Enterprise Mobility ManagementTM and CloudLock’s CASB and cybersecurity solution to provide extensive visibility and control over user identity access rights and privileges across hybrid and multi-cloud environments.
  • Announced partnership with OneLogin to manage all identities that touch corporate data and protect organizations from threats and cloud malware across users, accounts and applications.
  • Launched a global partnership with Zscaler in a combined solution that delivers unprecedented cyberthreat defense and security control across on-premises and cloud environments, with an integrated cloud security platform.
  • Joined forces with FireEye on a solution combining CloudLock’s CASB with FireEye’s security data analytics and threat intelligence for integrated orchestration against data breaches and cyber attacks.
  • Delivered CloudLock’s CASB solution to be certified RSA Ready with RSA ViaTM Access, allowing customers to access the CloudLock platform using RSA Via Access.


Industry Recognition and Thought Leadership

  • Cloudlock CyberLab released their highly anticipated Q1 2016 cybersecurity report, “The Cloud Threat Funnel: Suspicious User Behavior that Matters,” and unveiled their new methodology to detect true threats from noise.
  • For the fourth consecutive year, the company received SOC 2 Type 2 Certification for and SOC 3 Report for the second consecutive year by Ernst & Young.
  • The CloudLock Security Fabric was recognized by Cyber Defense Magazine as a winner in four categories of their awards program: The Best Of Breed Enterprise Security Solution for 2016, The Editor’s Choice in User Behavior Analytics Solutions for 2016, The Hot Company in Data Leakage Prevention Solutions for 2016, and The Best Product in Cloud Security Solutions for 2016.
  • CloudLock was ranked #106 in Cybersecurity Ventures' 500 2016 security companies to watch.
About CloudLock

CloudLock is the cloud-native CASB and Cloud Cybersecurity Platform that helps organizations securely leverage cloud apps they buy and build. CloudLock delivers security visibility and control for SaaS, IaaS, PaaS and IDaaS environments across the entire enterprise in seconds. Founded by Israeli Elite Cybersecurity Military Intelligence experts, the company delivers actionable cybersecurity intelligence through its data scientist-led CyberLab and crowdsourced security analytics across billions of data points daily. CloudLock has been recognized by Inc. Magazine as the fastest growing security product company in the U.S. and by Glassdoor as one of the top 3 best places to work in the U.S. Learn more at www.cloudlock.com.

CloudLock

Stephanie Olesen, Inkhouse
+781-966-4100

cloudlock@inkhouse.com http://www.cloudlock.com/

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