ATLANTA--(BUSINESS WIRE)--Damballa, a leader in advanced threat detection and containment, has been named one of the "Fast 50" hottest privately held security and networking companies by JMP Securities, a full-service investment bank. The first annual Fast 50 report identifies the hottest, most strategically positioned private companies in the Internet security and networking spaces. JMP Securities notes that the Fast 50 companies are harnessing innovation and competitive advantage to disrupt technology giants, and that they have the ability to dominate their respective markets.
The recognition comes on the heels of numerous other accolades and milestones for the company. Damballa saw significant global expansion in 2014, as the company delivered record growth and revenue, and saw its average deal size quadruple as customers began broader, enterprise-wide deployments of breach detection. The company was recently recognized as one of the best Advanced Persistent Threat (APT) Protection solutions by SC Magazine Europe, and as a leading anti-malware provider by Info Security Products Guide.
As a pioneer in advanced threat detection, Damballa rapidly discovers infections with certainty, pinpointing the compromised devices that represent the highest risk to a business, and enabling prioritized response and refocusing of security experts to the areas of greatest risk to an enterprise. Damballa’s patented solutions leverage Big Data from the worlds Internet traffic, combined with machine learning, to automatically discover and terminate criminal activity, stop data theft, minimize business disruption, and reduce the time to response and remediation.
“We are delighted to receive this recognition of our efforts to help organizations reduce the risk of a data breach, by shifting their security strategy to detect and respond,” said David Scholtz, CEO for Damballa. “Over the past few years, we have firmly established Damballa as a leader in the growing market for advanced threat detection, and Damballa Failsafe is helping organizations around the world respond confidently and efficiently to the threats most likely to cause damage to their business.”
About Damballa
As a leader in automated breach defense, Damballa delivers advanced threat protection and containment for active threats that bypass all security prevention layers. Born for breach defense, Damballa rapidly discovers infections with certainty, pinpointing the compromised devices that represent the highest risk to a business, and enabling prioritized response and refocusing of security experts to the areas of greatest risk to an enterprise. Our patented solutions leverage Big Data from one-third of the worlds Internet traffic, combined with machine learning, to automatically discover and terminate criminal activity, stop data theft, minimize business disruption, and reduce the time to response and remediation. Damballa protects any device or OS including PCs, Macs, Unix, iOS, Android, and embedded systems. Damballa protects more than 400 million endpoints globally at enterprises in every major market and for the world's largest ISP and telecommunications providers. For more information, visit www.damballa.com, or follow us on Twitter @DamballaInc.