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Leading SOAR Provider D3 Security Closes FY2018 with Record Growth; Doubles Revenue and Employee Count

July 31, 2018

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jul 31, 2018--D3 Security, a developer of award-winning security orchestration, automation and response (SOAR) solutions, today announced record-breaking growth in both revenue and active enterprise customers. This growth includes new bookings from more than 50 of the Fortune 500, adding to a customer base that now boasts over one-fifth of all Fortune 500 organizations.

“This year, a few leading security orchestration suppliers separated themselves from the pack with their ability to automate security actions, orchestrate incident response, and successfully execute large implementations,” said Gordon Benoit, President of D3 Security. “Coming off a record-breaking fiscal year with numerous mega-sized projects, it is clear that D3 Security is one of these leaders in the industry.”

Jon Oltsik, Senior Principal Analyst and ESG Fellow, adds, “The shift of technology to meet analyst needs has altered the market for the better. I believe we are now seeing the next step of the SOAR evolution, a category called security operations platforms represented by a variety of vendors such as D3 Security.”

D3 Security’s position in the market is reinforced by the expansion of the D3 partnership program, which now supports 200+ integrations that simplify and streamline security operations. This program increases opportunities for technology and sales collaboration and will help drive even greater revenue growth in the coming year.

Employee growth has also doubled, and in June 2018, D3 Security expanded into a larger, technologically-advanced office and R&D lab to support continued product innovation. Additionally, this spring, cybersecurity leader Christian Reina joined D3 Security as the company’s Director of Incident Response. Reina’s background spans 20 years and includes security program development and executive leadership for large and highly regulated organizations.

Industry validation was earned in the form of numerous accolades for D3 Security as both a company and a platform. This year, D3 Security won six ISPG Awards, including Best Security Automation, Best Security Investigation, and Best Solution for both Large Enterprises and Financial Services organizations; the company was also named a 2018 SC Awards finalist.

To keep up to date on D3 Security’s products and services, please visit https://d3security.com.

About D3 Security

D3 Security’s orchestration, automation, response and case management solutions are the foundation of the world’s most advanced security operations, including over 20 percent of the Fortune 500. D3 seamlessly facilitates collaboration within the security operations center and across departments through a flexible platform that streamlines incident management, orchestrates human and machine processes and documents all actions taken to assure that organizations meet industry requirements and compliance reporting standards. For more information, please visit  https://d3security.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180731005032/en/

CONTACT: LaunchTech Communications

Allison Arvanitis, 910-690-9482

allison@golaunchtech.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: TECHNOLOGY INTERNET NETWORKS SOFTWARE SECURITY

SOURCE: D3 Security

Copyright Business Wire 2018.

PUB: 07/31/2018 09:00 AM/DISC: 07/31/2018 09:01 AM

http://www.businesswire.com/news/home/20180731005032/en

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