Revenue and staff growth, including the hire of industry talent Bryan Gale as chief product officer, highlight the company’s continued commitment to cybersecurity innovation through its modern automated patch management platform
BOULDER, Colo. — (Dec. 11, 2018) — Automox, a global provider of cloud-based patch management and endpoint protection solutions, is closing 2018 with record revenue and employee growth, the addition of key senior staff, a new board member and increased customer acquisition velocity.
Automox revenue grew by 400 percent in the past 12 months, and the company attracted top-tier engineering and SaaS talent, including new Chief Product Officer Bryan Gale. Gale was most recently chief product officer at CyberGRX and has also held leadership positions at Cylance (acquired by Blackberry), McAfee (acquired by Intel) and Webroot Software.
This growth comes on the heels of $9.3 million in Series A funding, announced in November, and the appointment of security industry veteran Tom Noonan to its board of directors. A 20-plus-year veteran of the information security industry, Noonan brings extensive experience to the Automox board. He is a general partner at TechOperators and former chairman, president and chief executive officer of Internet Security Systems Inc., which was acquired in 2007 by IBM for $1.3 billion.
“Over the past year, we have focused on building a product that focuses on one simple but critical task: ensuring systems and software are patched and up to date. Our continued momentum and rapid company growth speaks to the significant demand for a cloud-based, automated patch management solution,” said Jay Prassl, Automox CEO. “With more than 80 percent of data breaches resulting from poor patch management practices and the attack surface growing in an exponential manner, the need for companies to automate their patch management has never been greater.”
Automox’s 400 percent revenue growth and expanded base of managed service providers (MSPs) was driven by increased worldwide demand for a unified endpoint protection solution that protects any operating system and any software, regardless of location. The company expanded its position in the endpoint protection market with the release of new features including role-based access control (RBAC), security assertion markup language (SAML), custom policies, custom end-user notifications and G Suite integration.
New Automox customers this year include, Greyhound, Hootsuite, Junior Achievement USA, Mount Sinai Health Systems, NASA, Quicken, Texas A&M University, Thermo Fisher Scientific, USA Volleyball, Xerox and Yale School of Management.
Automox’s cloud-based, automated patch management solution simplifies patching and configuration management across Windows, Linux, Mac OS X and third-party software. Based in Boulder, Colo., privately held Automox provides IT managers and system administrators with a patching system of record to track, control and manage their patch management process, providing greater security, improved productivity and significant time savings. Automox protects tens of thousands of customer endpoints for organizations including Greyhound Lines, Hootsuite, NASA, Quicken, Yale University, Xerox, Dollar Shave Club and more. To sign up for a free, 15-day trial of Automox’s cloud-based, automated patch management solution, visit www.automox.com/signup.