CyberSaint Kicks Off 2021 with Over 90% Annual Subscription Revenue Growth

Written by Press Release | Mar 16, 2021 4:23:00 PM

BOSTON--(BUSINESS WIRE)--CyberSaint, the developer of the leading platform delivering cyber risk automation, announced today that the company closed 2020 nearly doubling its year-over-year revenue from subscription licenses.

“Over the past year, CyberSaint has focused on industry leading innovation and expanding the CyberStrong platform's capabilities to address the growing demand for seamless integrated risk management in the digital age”
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“Over the past year, CyberSaint has focused on industry leading innovation and expanding the CyberStrong platform's capabilities to address the growing demand for seamless integrated risk management in the digital age,” said Padraic O’Reilly, Co-founder & CPO at CyberSaint. “We continue to prioritize the increasing demands of our customers and are persistent in empowering organizations to embrace cyber risk automation amidst the rapid, unexpected acceleration of digital transformation since the start of the pandemic.”

As the only solution that automates compliance and risk assessments while data in an organization's security tech stack changes and evolves, CyberSaint has accomplished several major company milestones in 2020:

Product Announcements: CyberSaint unveiled innovative enhancements to the CyberStrong platform that allow customers to dynamically manage cyber risk amid digital transformation. CyberStrong’s advanced automation functionality enables organizations to automate up to 90 percent of any given control set across people, process, and technology while dynamically managing their unique set of risks.

Customers: CyberSaint saw a dramatic 64 percent increase in new customers worldwide, expanding its customer base with manufacturing, state and local government, energy, and the world’s largest oil and gas and technology companies.

Employees: CyberSaint increased its employee headcount by 47 percent with new team members to accelerate new product development and expand the global go-to-market teams.

Global Expansion: CyberSaint is continuing to expand its global footprint with customers in new regions to now include Australia, UK, and Germany in addition to North America.

Partners: The company expanded its channel partner program to include new partners Optiv, Accenture, Insight, 1898 & Co., and Lumen Technologies, formerly known as CenturyLink, and launched a new technology integration partnership with Google Cloud.

Driving Market Innovation: CyberSaint announced that it has been designated as a Gartner Cool Vendor in the October 2020 “Cool Vendors in Cyber & IT Risk Management” report, extending the company’s competitive position and traction in a rapidly growing and promising market.

For more information about CyberSaint’s CyberStrong platform, please visit: www.cybersaint.io/

About CyberSaint

CyberSaint's mission is to empower today's organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. CyberSaint's CyberStrong platform empowers teams, CISOs, and Boards to measure, mitigate, and communicate risk with agility and alignment.

Media Contacts

Danielle Ostrovsky
Hi-Touch PR
410-302-9459
Ostrovsky@hi-touchpr.com

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