iboss Achieves 50% Growth in 2017 Annual Customer Value Bookings
BOSTON Mass., December 13, 2017 – iboss, provider of iboss cloud, a leading cloud-based internet security platform, announced today that it increased annual customer value bookings by 50% in 2017. Closing the year, iboss has achieved its 11th straight quarter of double-digit GAAP revenue growth.
iboss demonstrated consistent and rapid growth in customer value and revenue in 2017 powered by the iboss cloud platform, the industry’s leading cloud-based internet security platform. The iboss cloud’s containerized cloud architecture enables customers to seamlessly transition all capabilities found in traditional on-prem gateway appliances to a cloud Internet security platform. Because iboss cloud lives in the cloud, Internet security follows users instead of perimeters to ensure consistent and secure Internet access on any device and from any location.
To support this rapid growth, iboss expanded significantly in 2017, including establishing a new corporate headquarters in Boston and a new customer service and network engineering base in Orlando. Throughout the year, iboss’ global employee headcount grew 78% and hiring is expected to continuein 2018 across all departments and locations.
“2017 was a monumental year for iboss — we saw cloud adoption, exponential bandwidth increases and user mobility pay off with skyrocketing growth, as the need to secure user Internet in the cloud becomes a requirement. This has led to a new home in Boston, new customers, and many new members of the iboss team,” said Paul Martini, iboss CEO and co-founder. “Looking ahead to 2018, expect more great things from iboss as we continue to shift users off of legacy perimeter-based gateway appliance solutions to user-based Internet security in the cloud.”
About iboss
iboss is a cloud security company that provides organizations secure access to the Internet and their applications on any device, from any location, in the cloud. Leveraging a purpose-built cloud architecture backed by 110 patents and patents-pending and over 100 points of presence globally, iboss protects more than 4000 organizations worldwide in the cloud eliminating the need for legacy on-prem appliances. To learn more, visit www.iboss.com.