Tenable announced record billings of over $250 million representing a growth of over 45% for the fiscal year ended December 31, 2017, highlighted by strong performance across North America, Europe and Asia.
The fourth quarter of 2017 also marks the seventh consecutive quarter of greater than 40% year-over-year billings growth for the company.
Tenable's financial results make it one of the world's largest and fastest-growing cybersecurity companies and reflect aggressive demand for the company's Cyber Exposure solutions, which help enterprises and government organisations of all sizes understand and reduce cyber risk in modern computing environments.
Additional company highlights for 2017 include:
Tenable CEO Amit Yoran says, “Our explosive growth and record results prove that every organisation in every corner of the world needs to understand and manage its cyber risk holistically across IT, Cloud, IoT and OT.
“Companies and government agencies around the world have overwhelmingly selected Tenable as the gold standard for Cyber Exposure.”
“We're increasingly seeing these forward-leaning organisations factor in Cyber Exposure as a key risk metric in their decision-making process, just as they leverage CRM for forecasting sales risk or ERP for supply chain risk.”