Browser Isolation Pioneer Light Point Security Posts Over 450% Year-Over-Year Revenue Growth
Rapid Customer Adoption of the Light Point Web Full Isolation Platform, Added Alliances and Strategic Partnerships, Contribute to Record Growth
BALTIMORE, Feb. 1, 2017 /PRNewswire/ -- Light Point Security, creators of the Light Point Web Full Isolation Platform™, the only browser isolation technology to provide full isolation from all web content and seamless integration with existing browsers, today announced record results for year ending December 31, 2016. In a year full of many achievements, Light Point Security boosted its revenue by over 450% and expanded its global reach via added customers, partners and resellers, and the addition of a West Coast office.
"2016 was an extraordinary year of growth for Light Point Security and we are pleased to be entering the new year on such an exciting growth trajectory," said Zuly Gonzalez, Co-founder and CEO of Light Point Security. "Our significant growth across all markets and geographies proves what we've known from the start, that traditional methods for protecting enterprises from web-based threats are outdated and ineffective. Our growth in 2016 is clear evidence that the Light Point Web Full Isolation Platform is fulfilling pent-up demand for a proven, next generation means for protecting against malicious web content."
The value of isolating browsing activities from endpoints and corporate networks was further validated when Gartner cited remote browsing as one of the Top 10 Technologies for Information Security in 2016.
Triple-digit Growth in New Business
Highlights from the year include triple-digit year-over-year revenue growth fueled by substantial customer additions, particularly in the financial, healthcare, media and entertainment, and federal government arenas. The company was profitable and substantially added to cash reserves in the period.
Strategic Alliances and Partnerships
The Light Point Web Full Isolation Platform is the gold standard for protecting against malicious website content. The product's maturity and stability were leading factors driving a 400% increase in partnerships, including adding World Wide Technology, one of the largest resellers in the world. Many other partnerships were established in 2016, inside and outside the U.S. and in strategic vertical markets.
Product Innovation
Light Point Security further enhanced the Light Point Web Full Isolation Platform with new key capabilities including performance improvements and an impressive data analytics suite added to the Administrative Dashboard. Known for its performance, security and ease of use, Light Point Web now supports all major browsers and all desktop operating systems.
Thought Leadership
Light Point Security's commitment to innovation and customer success led to a number of industry accolades throughout the year. The company was recognized as one of the Top 500 Cybersecurity Companies in the Cybersecurity Ventures 2016 global compilation of leading companies who provide cybersecurity solutions and services. Zuly Gonzalez, CEO and Co-founder, was recognized by the Maryland Department of Commerce as one of Maryland's Top Women in Technology. She was also invited to speak at the CyberMaryland 2016 Conference and the Notre Dame of Maryland University's Women of the World Conference, and was selected to be a member of the Maryland Cybersecurity Council.
Zuly and Beau Adkins, Co-founder and CTO of Light Point Security, are highly regarded as subject experts on the topic of web isolation threats and are regularly quoted in leading technology and business publications.
About Light Point Security
Light Point Security was founded by former NSA cyber security experts with decades of experience in national security. The award-winning company pioneered the concept of using a remote, isolated web browser to protect organizations from web-based malware, and is the leading provider of browser isolation solutions. The Light Point Web Full Isolation Platform also provides data loss prevention capabilities and data analytics into user behavior. Customers include Fortune 500 companies, financial institutions, healthcare organizations, and the federal government, among others. For more information visit http://lightpointsecurity.com or follow @LightPointSec on Twitter.
Media Contact:
Judy Lazaro
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SOURCE Light Point Security
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