ManagedMethods Increases Revenue by 141 Percent in the First Half of 2019

Growth powered by a significant rise in customer count and commercial market expansion

ManagedMethods, a leading provider of cloud application security solutions, today announced revenue growth of 141 percent in the first half of 2019, compared to the second half of 2018. ManagedMethods also grew its staff by 66 percent to support continued expansion in the K-12 education market and the commercial market.

ManagedMethods’ mission is to secure the sensitive personal information and financial futures of tens of millions of school children, businesses with big ideas and people working hard to make our communities a safer place. ManagedMethods empowers these organizations with continuous visibility and control across cloud applications, and the data stored in them, with no delays or impact on end-users.

“We continue to see increased adoption of our cloud application security solution from new customers, but also among our existing customers. It’s a testament to the hard work our team has accomplished in building a truly valuable product,” said Charlie Sander, Chairman and Chief Executive Officer at ManagedMethods. “As cyber-threats continue to evolve and become more difficult to detect, we look forward to continuing to protect our customers’ data, cloud applications and assets—and their businesses.”

Driven by growing demand for cloud application security, the first half of 2019 also brought ManagedMethods the following achievements:

To learn more about ManagedMethods and its award-winning Cloud Access Security Broker (CASB) solution, please visit ManagedMethods.com.

About ManagedMethods

ManagedMethods is a leading provider of cloud application security solutions for mid-market companies, K-12 school districts, and local governments. ManagedMethods provides an award-winning solution that empowers organizations with full and continuous control of cloud application data, including Google G Suite and Microsoft Office 365.​

ManagedMethods makes cloud security easy — no proxy, no agent and no special training needed. ManagedMethods’ API-based cloud security solution helps organizations gain data security against internal and external breaches by leveraging AI and machine learning-powered threat detection. ManagedMethods protects cloud applications against malware and phishing schemes, and detects abnormal behavior to prevent account takeovers. For more information, please visit ManagedMethods.com.

Source: ManagedMethods


Categories: IT Security

Tags: application security, casb, cloud access security broker, cloud security, data loss prevention, data security, google security, K12 cybersecurity, office 365 security


About ManagedMethods

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ManagedMethods makes cloud security easy by offering the most efficient way to gain visibility into how data is stored, accessed, and shared in cloud applications including Google G Suite and Office 365.

Jake Kasowski
PR & Social Media Manager, ManagedMethods
ManagedMethods
719 Walnut Street
Boulder, CO 80302
United States