Imperva Grows Business By More Than 80 Percent In 2008
Company nearly doubles customer base for application data security products
February 11, 2009
PRESS RELEASE
Redwood Shores, Calif., Feb. 10, 2009 - Imperva(r), the leader in application data security, today announced that it grew every leading metric of its business - including revenues and new customers - by nearly 80 percent in 2008. Demand for the company's products accelerated significantly on a worldwide basis during the year as organizations continued to invest in the SecureSphere platform to protect sensitive data from external attacks and insider threats, and meet regulatory compliance requirements. Year over year, Imperva nearly doubled the number of organizations protected by its products from 2500 to 4500. The company's customers include 62 organizations on the Fortune 1000 list.
"Our results in 2008 demonstrate that Imperva's vision for protecting data from the application through to the database has tapped a deep and significant vein that spans multiple vertical markets worldwide," said Shlomo Kramer, CEO of Imperva. "Data breaches, regulatory compliance requirements, and tightening data security legislation all fuelled our growth last year. In the current downturn, threats from both outsiders and insiders have increased. More than ever, organizations recognize that data security is a 'must have' not only for compliance, but for business continuity and protecting the value of their brand."
"Our Quick Shopping Cart product generated more than 55 million dollars for our customers last year alone. We understand the need of top level security for our customers and ourselves," said GoDaddy.com CEO and Founder Bob Parsons. "We chose Imperva SecureSphere because we believe they are the very best Protecting our customers and keeping the Internet safe is a top priority at Go Daddy."
"In comparison with alternative solutions, SecureSphere was the only product that enabled us to monitor and audit database activity without impacting our existing infrastructure," said Satoshi Morimoto, Manager of Information Security for Fuji Television Network. "SecureSphere provides us with full details on database queries and responses, and allows us to easily meet J-SOX requirements. We were also impressed with SecureSphere's ease of deployment and support services."
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