NS1 Announces Nearly Triple-Digit Year-Over-Year Growth
NEW YORK--(BUSINESS WIRE)--May 1, 2019--NS1, the leader in next-generation DNS and application traffic management solutions, today announced it closed the first quarter of 2019 with nearly triple-digit year-over-year revenue growth. The continued momentum is evidence of NS1’s success in building solutions that are critical to the efficient, reliable and secure delivery of modern enterprise applications and infrastructure.
“Application infrastructure is becoming increasingly dynamic and complex, and at the same time, enterprises are challenged to deliver the highest levels of performance and security for their users,” said Kris Beevers, co-founder and CEO, NS1. “In these highly distributed environments, NS1’s purpose-built enterprise traffic stack provides the automation, velocity, resiliency and security needed for modern application delivery – all the way from the cloud to behind the firewall.”
NS1 expanded its offerings during the first quarter to include the Domain Security Suite, a turnkey suite of enterprise-grade DNS (domain name system) services and capabilities designed to keep organizations and their customers safe from a growing number of DNS threats. An uptick in DNS-related attacks spawned emergency directives from the Cybersecurity and Infrastructure Security Agency and the Internet Corporation for Assigned Names and Numbers. These orders call for widespread adoption of DNSSEC, a core competency for NS1, and rising concerns about DNS as a threat vector are driving increased demand for security through redundancy and resiliency. NS1’s new Domain Security Suite makes it easy for customers to benefit from dual DNS Network Redundancy, DNSSEC without compromise to performance or functionality, and critical visibility into DNS usage for superior threat intelligence.
Performance improvements were also top of mind for NS1 during Q1 2019. The company completed the acquisition of network performance optimization technologies from Datapath.io, a provider of secure and dedicated full-mesh connectivity across cloud regions and providers. Datapath’s technology benefits align with and augment existing traffic management solutions, and the advancement will drive NS1’s continued efforts to support modern application delivery.
The acquisition and Domain Security Suite launch follow major platform upgrades and enhancements to NS1’s suite of next-generation application traffic management solutions from 2018, including Private DNS, a self-hosted DNS platform designed to work in increasingly automated enterprise infrastructure and complex hybrid environments.
“DNS is the entry point for every internet application, and the explosion in infrastructure complexity and velocity is driving a significant need for innovation,” said Eric Hanselman, chief analyst, 451 Research.
“NS1 is addressing this challenge with automated, software-defined application traffic management capabilities that are consumable across hybrid environments, driven by real-time data, and tightly integrated into delivery and orchestration stacks.”
Other noteworthy accomplishments:
- Sales Leadership Expansion – NS1 expanded its executive sales team to support the accelerated company momentum in response to market demand for automation, IT modernization and cyber risk mitigation. Warren Mead joined NS1 as vice president of channel and strategic accounts to focus on establishing a channel strategy, field alignment and training to ensure customer success. Rob Clifford, vice president of sales for North America, will provide oversight and strategic direction for sales operations and new market expansion. As tech industry veterans, both have long, distinguished track records of leading high-performing revenue teams at companies offering best-of-breed technologies and approaches.
- Customer Retention and Growth – Q1 of 2019 brought new customer wins representing a diverse set of industries, such as banking, online insurance, healthcare, retail and gaming. It’s likely that half the applications on your phone – and many business applications and services – leverage NS1 for fast, secure and reliable user experiences. Always committed to customer service and success, NS1 maintained its customer retention rate of more than 95% and closed Q1 2019 with a 56 net promoter score, which is in the top tier among software-as-a-service companies.
- Industry Contributions – To fulfill internal and customer needs for complex DNS performance and functionality testing, NS1’s engineering team created Flamethrower, a lightweight, configurable open source tool that is available on GitHub. Ideal for wargaming and chaos engineering, it provides traffic teams with a better understanding of the impact of potential changes to applications and infrastructure in actual production situations.
NS1 is the leader in next-generation DNS and traffic management solutions that orchestrate the delivery of the world’s most critical internet and enterprise applications. Only NS1’s purpose-built platform, which is built on a modern API-first architecture, transforms DNS into an intelligent, efficient and automated system, driving dramatic gains in reliability, resiliency, security and performance of application delivery infrastructure. Many of the highest-trafficked sites and largest global enterprises trust NS1, including Salesforce, LinkedIn, Dropbox, Nielsen, Squarespace, Pandora and The Guardian. Visit www.ns1.com to learn more.
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