Webroot, the market leader in intelligent cybersecurity for endpoints and collective threat intelligence, today announced achievements from its fourth quarter and 2015 fiscal year operations which ended June 30, 2015. Highlights from the fourth quarter include double-digit year-over-year revenue growth, surpassing 2.2 million business endpoints under protection, massive expansion of the company's network of managed service providers (MSPs) and other channel partners, and the release of new threat intelligence services.
Significant Quarterly and Year-Over-Year Booking Growth
Webroot achieved significant bookings growth in the fourth fiscal quarter, driven by strong license sales in Consumer: up 14% YoY; Business: up 71% YoY; and OEM: up 92% YoY. For the fiscal year, Webroot added 5.3 million new home users, over 1 million new business endpoints and over 3,100 new MSP partners. The company also welcomed a number of new and important strategic technology partners.
"We look back on a record fiscal year, not just financially but also in regard to the market movement toward protecting the Internet of Everything. We launched a number of industry-leading new products and technical innovations, and consumers and businesses alike have been quick to adopt our next-generation endpoint security products. Our BrightCloud Threat Intelligence Platform has been recognized for its behavioral analysis, massive scale and accuracy in detecting the latest URL, IP, file, and application threats," said Dick Williams, Webroot CEO.
Strategic Security Alliances and Partnerships
Driven by increased mobile-borne security threats, the Webroot BrightCloud® IP Reputation Service is now offered as part of the HP Enterprise Security Products portfolio to enhance visibility into threats introduced to customer networks by corporate and employee-owned mobile devices.
ThreatMetrix has integrated the Webroot BrightCloud Mobile App Reputation Service into its ThreatMetrix Global Trust Intelligence Network (The Network) to detect the presence of malicious or unwanted apps in order to reduce the risk of personal information theft.
New strategic partnerships include Continuum, which is bundling Webroot SecureAnywhere® Business Endpoint Protection into its intelligent remote monitoring and management (RMM) platform; 443 Networks, which is using a combination of its own cloud platform and Webroot BrightCloud Threat Intelligence Services; and INTEC, which expanded its product portfolio with Webroot SecureAnywhere Business Endpoint Protection and Webroot for Financial Services and eCommerce Security.
Channel Expansion in FY2015
Webroot sharpened its focus on global channel development in FY2015 by signing 3,100 new MSPs, and a number of Elite value-added resellers (VARs) and distributors in each region. Channel announcements included the new Webroot Channel Edge® Partner Program during the fiscal year. This improved structure enables Webroot to provide market-specific tools and resources to help its growing global network of MSPs, VARs, distributors, service providers, and systems integrators to increase their close rates and to grow their businesses.
"I would like to personally thank all of our go-to-market partners,” Williams added, “including our channel and technology partners, retail and e-tail partners, and the tens of millions of devoted users who team up with us every day. By sharing the threats they encounter across the globe, they continually enhance our BrightCloud Threat Intelligence, so that all other users can stay secure against the latest threats. The adoption of our Smarter Cybersecurity™ solutions has been incredible."
New Security Solutions Introduced
Webroot introduced several new services and technical innovations during the fiscal year. Announcements included extending the industry-leading capabilities of Palo Alto Networks Next-Generation Firewall by enabling organizations to seamlessly integrate highly accurate BrightCloud IP Reputation Service data to detect and block malicious incoming IPs. A unique feature of this service is the ability to predictively block IPs that will attack the device next, based on IPs that are attacking the device currently.
The cloud-based, next-generation endpoint security solutions from Webroot received industry recognition for superior functionality and performance. Webroot was named as a Visionary in Gartner's Magic Quadrant for Endpoint Protection Platforms and again received the highest Net Promoter scores of any vendor in the Magic Quadrant comparison. In a similar vendor comparison, Webroot was identified as a Trail Blazer in the Corporate Web Security – Market Quadrant 2014 report by The Radicati Group.
Webroot was chosen by MicroScope's 2015 Awards for Channel Excellence (ACEs) as the leading security vendor across the reseller and distribution tiers as well as the best technology sold through the channel. Webroot Support received the Highly Commended, Best Customer Service Award from SC Awards Europe 2015, highlighting the company's highly skilled and globally based technical support team offering 24/7 support around the world. The awards demonstrate the company's commitment to meeting and exceeding the high standards and expectations placed on the company by its customers.
Consumer Segment Leader
Webroot achieved record bookings growth in the fourth fiscal quarter by adding 5.3 million new home users (up 14% YoY), and introduced new updates to its Webroot SecureAnywhere portfolio for individuals and families. This latest release provides the crucial combination of ease of installation and award-winning customer support, while bringing customers more comprehensive security with webcam protection, advanced journaling and rollback, enhanced protection for ransomware attacks, and enhanced self-learning malware detection.
The company accomplished a major milestone as Webroot SecureAnywhere AntiVirus was honored with the coveted PC Magazine Editors' Choice distinction for the 16th time, scoring 4.5 out of 5 stars.
This year's Webroot Threat Brief provided the latest cyber threat trends collected from tens of millions of users and security technology partners and showed how collective threat intelligence that is shared across users and organizations is the most effective way to fight cybercrime. The report reveals that 85,000 new malicious IPs are launched every day and that the top phishing targets are technology companies and financial institutions.