Growth in the third quarter included a partnership with HPE ArcSight to integrate Webroot BrightCloud ® Threat Intelligence with HPE ArcSight Enterprise Security Management (ESM). Security professionals are able to drill down into the history and context of a threat, and quickly mitigate the effects of a breach, limit exfiltration of customer data or intellectual property, and reduce reputation-related fallout. The powerful new threat investigation tool provides enterprises, managed service providers (MSPs), and managed security service providers (MSSPs) with instant, actionable threat intelligence on individual IPs, URLS, mobile apps, and files.
Webroot's growth trajectory continues because customers and partners trust our Smarter Cybersecurity approach."ĭuring the quarter, the company released the Webroot BrightCloud ® Threat Investigator. The expansion of our leading security vendor partnerships also demonstrates that Webroot's cloud-based collective threat intelligence services are the gold standard in the industry. "With over 100,000 business customers, a rapidly growing network of service providers, and millions of consumer endpoints protected, we are the proven choice for next-generation endpoint security. "We achieved another quarter of strong growth and profitability," said Dick Williams, Webroot CEO. Webroot is profitable and added substantially to cash reserves in its third fiscal quarter.
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Webroot significantly out-performed the business security software market which grew at only 3.7% in 2015, and the consumer security software market which declined at -5.9%, both according to Gartner. Strong company momentum in the quarter included 36 percent growth in business bookings and 9 percent in consumer bookings. The addition of new customers, breakthrough product introductions for threat intelligence, and expansion of Webroot's strategic partner network resulted in the company's seventh sequential quarter of bookings growth. BROOMFIELD, Colo., /PRNewswire/ - Webroot, the market leader in next-generation endpoint security and cloud-based collective threat intelligence, today announced double-digit year-over-year bookings and revenue growth in its third fiscal quarter, ending March 31, 2016.
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