SAN JOSE, Calif., Nov. 16, 2016 /PRNewswire/ -- Untangle®, Inc., a leader in comprehensive network security for small-to-medium business (SMB), today announced it has been positioned as #195 on the Deloitte Technology Fast 500TM for 2016. This marks the third year in a row that Untangle has been recognized for its growth by this prestigious award program.
"We are honored to be included once again in the Deloitte Technology Fast 500," said Scott Devens, Untangle's chief executive officer. "Untangle's continued growth is a direct result of our focus on delivering a superior security solution specifically designed to address the $2B unified threat management market. We expect our growth to continue with the recently announced investment by Providence Strategic Growth, the growth equity affiliate of Providence Equity Partners. The new investment will be used to further increase our investments in our go-to-market strategy and acceleration of our technology roadmap."
Untangle NG Firewall delivers a comprehensive solution for small-to-medium businesses and home offices that require enterprise-grade perimeter security with the flexibility of a convergent UTM device and the utility of a consumer product. Untangle's industry-leading approach to network traffic visibility and policy management provides its customers deep insight into what's happening on their network via its database-driven reporting engine and 360° Dashboard.
Companies eligible for the Technology Fast 500 recognition must be headquartered in North America, have been in business for at least four years, and reported FY 2012 operating revenues of at least $50,000 and FY 2015 revenues of at least $5 million. For more information and to view the complete list, visit www.fast500.com.
About Deloitte's 2016 Technology Fast 500™ Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.
Untangle is an innovator in cybersecurity designed specifically for the below-enterprise market, safeguarding businesses, home offices, nonprofits, schools and governmental organizations. Untangle's integrated suite of software and appliances provides enterprise-grade capabilities and consumer-oriented simplicity to organizations with limited IT resources. Untangle's award-winning network security solutions are trusted by over 40,000 customers around the world. Untangle is headquartered in San Jose, California. For more information, visit www.untangle.com
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SOURCE Untangle, Inc.