Aqua Security’s new business increases by 65% in H1 2023
Aqua Security, the expert in cloud-native security, has closed the first half of 2023 with a 65% increase in new business.
Aqua attributes this growth to increasing demand for its unified cloud-native application protection platform (CNAPP) and its proven ability to see and stop cloud-native attacks in progress anywhere in the software development lifecycle.
Dror Davidoff, Co-Founder and CEO of Aqua, says: "From day one, our vision has been to deliver a complete full lifecycle security solution in one holistic platform."
"It is not enough to simply see an attack. You need visibility into what's happening across the entire software development lifecycle, and you must be able to stop those attacks at any point."
Aqua has transformed the cloud-native security market as the first integrated CNAPP, helping customers see and stop attacks across the entire application lifecycle, from code to cloud and back.
Aqua was also the first to market with software supply chain security capabilities and Real-Time CSPM, the only solution combining agentless and in-workload visibility for a complete and prioritised view of cloud security risk in real-time.
With the addition of features released in the past quarter, the Aqua Platform is the only CNAPP to offer cloud-to-code tracing capabilities, which transform how cloud risks are discovered and reduce time to remediation. Teams can quickly trace cloud security issues back to individual developers and their code commit to improve efficiency and reduce resolution time.
When combined with Aqua's workload protection capabilities, Aqua delivers a single source of security truth and enforcement for both dev and cloud.
Over the past six months, Aqua has experienced substantial growth across global markets and industries. Aqua now secures the cloud deployments of 40% of the Fortune 100 companies and more than 500 enterprise customers across 40 countries, with individual customers scanning up to 10 billion images annually.
In 2023, the company expanded its financial services focus and now serves six of the top 10 banks in North America and six of the seven top banks in Canada.
Aqua says it is seeing significant interest from governments worldwide in securing their cloud environments. FedRAMP "in process" designation is Aqua's first of many key milestones.
In mature cloud markets such as Australia, Aqua's pursuit of IRAP certification will assist in driving the broad uplift in cloud security from code to the cloud and back. With significant digitisation of citizen services, the Aqua Platform will be ideally positioned to secure these critical applications.
Moreover, during 2023, Aqua's Advantage Ecosystem has continued to succeed. Partner transactions now account for 75% of new business revenues due to steady growth in new partners and deal registrations.
Aqua's global partners submitting deal registrations surged by 25%, and 50% of Aqua's pipeline is partner-initiated. Deep strategic partnerships with organisations such as the recently announced Accenture contribute to the growth.
This year, Aqua has also won several channel industry accolades. Jeannette Lee Heung, Senior Director of Global Channel and Alliances at Aqua, was recognised on CRN's elite 2023 Channel Chiefs and 2023 CRN Women of the Channel lists. Additionally, the Aqua Advantage Ecosystem was recognised by CRN in its 2023 Partner Program Guide.
Aqua's technology garnered significant third-party recognition in 2023. The company was named Platform Leader in Innovation in the GigaOm Radar for Cloud Security Posture Management (CSPM), Market Champion and an Overall Leader in the 2023 KuppingerCole Software Supply Chain Security (SSCS) Leadership Compass. It was also recognised as a Representative Vendor in the Gartner Market Guide for Cloud-Native Application Protection Platforms (CNAPP).
With a global network of honeypots, the Aqua Nautilus research team analyses over 80,000 cloud-native attacks monthly, specifically those unique to containers and microservices that other platforms cannot see.
The team actively publishes findings and recommendations to help better understand the threat landscape and strengthen global cloud security efforts. In 2023, Aqua Nautilus uncovered HeadCrab, a novel state-of-the-art Redis malware and a new attack method targeting VScode Extensions.
The team also discovered 250 million artifacts and 65,600 container images exposed via thousands of misconfigured container images in Red Hat Quay registries, JFrog Artifactory and Sonatype Nexus artifact registries.
Aqua has tens of thousands of users and over 40,000 combined GitHub stars. It includes the widely revered Trivy, an open-source vulnerability and risk scanner with a thriving community of users and contributors. It also has Tracee, a powerful and innovative runtime security solution that uses eBPF technology to observe system behaviour and detect suspicious events.
Aqua's open-source projects help drive the adoption of cloud-native security for every kind of organisation and user, and they leverage the power of the community to deliver enterprise product innovation.