FairWarning Continues to Drive Record Growth and Recognition

CLEARWATER, Fla., April 23, 2019 /PRNewswire/ -- Nearly one year after it closed one of the largest private equity investments in the Tampa Bay area, FairWarning is poised to add more than 50 employees to its roster in 2019, building on the 40+ team members added in 2018. Thanks in part to the $60 million equity investment from Mainsail Partners, FairWarning has generated growth while maintaining an engaging and meaningful work atmosphere, as evidenced by its recognition as one of the area's Top Workplaces for the seventh year in a row.

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FairWarning introduced several new products and service offerings in 2018 that aim to protect mission-critical business data stored in cloud and other applications for healthcare, financial services and other highly regulated industries. These innovations contributed to historically significant growth, particularly in FairWarning's cloud security business. And last quarter, FairWarning booked its two largest customers in the company's history.

The company continues to gather recognition for its commitment to customer-centric product development and service:

• #1 Patient Privacy Solution from Black Book Research 
• Average Net Promoter Score of more than 50 ("Excellent")
• 21 cumulative five-star reviews on the Salesforce App Exchange

Patrick Marschall, CEO, FairWarning, said: "We're looking forward to bringing on distinguished talent who can share our enthusiasm and expand our reach. We believe security and compliance remain top priorities for today's businesses, but they can make a complex digital environment even more so. That's why we made it our goal to provide privacy, compliance and security software that businesspeople in highly regulated industries find easy to use. We get a lot of satisfaction from providing innovative solutions that organizations need, and that translates into a great work environment."

About FairWarning
FairWarning helps healthcare, financial services, and other organizations establish a culture of security, privacy, and compliance to expand trust with their patients, investors, and customers. FairWarning's patented cloud-based platform simplifies the full lifecycle of privacy and insider security incident management and helps those in highly regulated industries more easily detect, investigate, mitigate and remediate improper user access or behavior. With its Patient Privacy Intelligence and FairWarning for Cloud Security offerings, FairWarning helps satisfy key regulatory requirements across multiple industries and localities, including GDPR, PCI, SOX, and HIPAA. FairWarning's Managed Privacy Services seek to enhance the protection of patient data with a team of healthcare privacy and security experts that function as an extension of the customer's team. For more information on FairWarning, visit http://www.FairWarning.com or email [email protected].

About Mainsail Partners
Mainsail Partners is a San Francisco-based growth equity firm that invests in fast-growing bootstrapped software companies. For 15 years, the firm has partnered with exceptional founders and entrepreneurs across numerous end-markets. Mainsail has a team of experienced operating professionals to help entrepreneurs scale their businesses and accelerate growth. For more information, please visit www.mainsailpartners.com.

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Shannon Tierney
Nadel Phelan, Inc.                             
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SOURCE FairWarning