The 10 fastest growing cybersecurity companies right now


Cybersecurity is one of the fastest-growing, if not the fastest-growing areas of the IT industry right now. As a result, both startups and solution providers face great development opportunities. This year's INC 5000 list identifies companies that are fully capitalizing on this opportunity, with growth rates as high as 7,613% over the past three years. What's exciting about this approach is that nearly half of the top 10 fastest-growing companies in the market are solution providers, indicating that partners are sophisticated in the opportunity to make a difference in cybersecurity. Let's take a look at who made the list together.

Top 10 Fastest Growing Cybersecurity Companies Right Now

10. PhishMe CEO

: Rohyt Belani Phishing

remains one of the most common methods used by hackers to get into companies, in part because users continue to fail to detect phishing attacks. That's exactly the question PhishMe hopes to address with its portfolio of anti-phishing solutions, which includes simulation tools, teaching, threat intelligence and hosting services. PhishMe has seen rapid development of the solution, raising $42.5 million in Series C funding in July, an increase of 564% over the past three years. The Leesburg, Virginia-based company had $18.6 million in 2015 revenue and was ranked 700th overall on the INC 5000.

9. Malwarebytes

CEO: Marcin Kleczynski

Over the past three years, Malwarebytes has grown 603%, with 2015 revenue of $69.3 million. Malwarebytes ranks 647th overall on the INC 5000. Headquartered in Santa Clara, Calif., the company has been on a rapid trajectory since launching its malware prevention and remediation solution in 2008. Malwarebytes is well-known in the consumer market, but has been pushing hard to break into the corporate space with growing channels. It raised a $50 million Series B in January to help continue the momentum.

8. CloudLock

CEO : Gil Zimmermann

Founded in 2011, CloudLock is part of the rapidly growing cloud access security agent market. Headquartered in Waltham, Massachusetts, CloudLock ranks No. 582 overall on the INC 5000 and No. 9 among cybersecurity companies, with a 665% growth rate over the past three years and 2015 revenue of $1,320 Ten thousand U.S. dollars. This year, the cloud security startup was acquired by Cisco for $293 million in a move by the networking giant into the security market.

7. CynergisTek CEO

: Mac McMillan

Healthcare remains one of the most targeted sectors in the market by hackers, and that's because healthcare companies and organizations keep valuable records of themselves, and this sector has a lot to do with the use of security technology still largely lagging behind. CynergisTek, an information security and privacy consulting firm headquartered in Austin, Texas , is working to change that, offering healthcare clients a full suite of regulatory, risk management, compliance, security and managed services products . The solution provider has grown 746 percent over the past three years, with 2015 revenue of $22.4 million. The company ranks 512th overall on the INC 5000.

6. Lynx Technology Partners

CEO: Rich Hlavka

Lynx Technology Partners, based in New York City, focuses on heavily regulated clients, providing solutions and services for security, risk management and compliance. The solution provider, founded in 2009, has grown 773% over the past three years, with 2015 revenue of $11.9 million. The company ranks 492nd overall on the INC 5000.

5. DirectDefense CEO

: Jim Broome

Headquartered in Englewood, Colorado, DirectDefense provides security assessment services and penetration testing for networks, platforms and applications. The company also provides training and strategic services. Since its establishment in 2012, DirectDefense has been on a rapid development trajectory, with an increase rate of 1121% in the past three years, ranking 341st on the INC 5000. The company's revenue in 2015 was $3.6 million.

4. GuidePoint Security

founder and executive partner: Michael Volk

GuidePoint Security is the fastest growing security solution provider on the INC 5000, with a growth rate of 1276% in the past three years. The Herndon, Virginia-based company had $111.1 million in revenue in 2015. Ranked No. 192 on the 2016 CRN SP500 list, GuidePoint is well known in the security industry, partners with most well-known security vendors, and leads the security solutions and services market for commercial and federal sectors. It ranks 308th overall on the INC 5000.

3. Crowdstrike CEO

: George Kurtz

Crowdstrike is one of the hottest companies in the next-generation endpoint security market with its Falcon approach for next-generation antivirus, endpoint detection and response (EDR), threat intelligence and DNS hosting services. The Irvine, Calif.-based company has seen a staggering 2,429 percent growth over the past three years, with 2015 revenue of $27.3 million. The endpoint security startup raised a $100 million Series C in July 2015, indicating that it will use some of the funds for "active" road-broadening initiatives. It ranks 144th overall on the INC 5000.

2. KnowBe4 CEO

: Stu Sjouwerman

Insider threats are one of the biggest questions facing the security profession today. While some threats have come from malicious insiders, many recent leaks and security threats have been attributed to targeted phishing attacks that could have been prevented if user education had been enhanced. KnowBe4 is making a name for itself in this market, with solutions for security awareness training and a phishing approach designed to enhance everyday user education. The Clearwater, Florida-based company has grown 2,528 percent over the past three years, with 2015 sales of $6.8 million. The company ranks 139th overall on the INC 5000.

1. Cylance CEO

: Stuart McClure Cylance

is the fastest-growing private cybersecurity company in the market this year, with a growth rate of 7,613% over the past three years. Cylance offers a system of certified anti-virus products that ditch the signature-based technology used by traditional endpoint security vendors and instead use math and algorithms to spot suspicious practices. The next-generation endpoint security company, which had $11.1 million in revenue in 2015, is increasingly sought after by its partners. Cylance also raised a $100 million Series D in June. The company ranks 26th overall on the INC 5000.

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