Tromzo Accelerates Customer Acquisition and ARR, Capitalizing on Market Demand for Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM)
April 30 2024 - 9:00AM
Tromzo, a disrupter in application security posture and
vulnerability management, today announced momentum across customer
acquisition, revenue, feature adoption, and product innovation. The
company also expanded in executive leadership, appointing Jack
Sweeney as Executive Chairman.
Customer Acquisition Grows 300%, Revenue Jumps
500%
In 2023, Tromzo increased customer acquisition by 300% as
enterprises seek more effective ways to accelerate remediation and
reduce risk from code to cloud. The company's revenue also
increased 500% in the same period. Tromzo’s customers span many
industries, including financial services, technology, and
entertainment, and range from mid-market to Fortune 500
enterprises.
Fix Vulnerabilities Faster, Don’t Just Find
Them
The Tromzo Platform is designed to help organizations better
understand, communicate, and reduce risk across code and cloud
assets. By ingesting and correlating intelligence across a
company’s cloud platforms, code repositories, and existing security
stack, Tromzo can deduce context unique to each business to
identify risk and accelerate remediation.
“We founded Tromzo with the definitive understanding that
security teams do not have a ‘finding problem’, they have a ‘fixing
problem’,” stated Harshil Parikh, Tromzo Founder and CEO. “The
unique value Tromzo provides is layering in vulnerability and asset
context so security teams can take swift and decisive action. Our
customers are now able to remediate critical vulnerabilities in a
matter of days in what used to take many months.”
The Tromzo Platform customizable risk scores, and
provides vulnerability and asset context.
Pioneering ASPM and RBVM Capabilities
Organizations continue to seek new ways to leverage risk context
across security teams, engineering, and executive leadership.
Tromzo works closely with its customer advisory board and design
partners to develop new features and functionality to provide
informative and actionable data.
“The Tromzo team continues to innovate and we believe that
working with a strong visionary team like Tromzo is mutually
beneficial and provides much more value in the long term,” shared
Aysha Khan, CISO and CIO at Treasure Data.
Jack Sweeney Appointed Executive Chairman
In response to Tromzo’s growth and market demand, the company
has appointed Jack Sweeney as Executive Chairman. Mr. Sweeney
brings decades of experience as a CEO responsible for building
several multi-billion dollar businesses, and as a board member of
many cybersecurity companies including Rapid7, DynaTrace, and
ObserveIT (now Proofpoint Insider Threat Management). Jack
Sweeney’s strategic guidance and operational experience marks a
strong addition to Tromzo’s executive leadership.
“I am proud to join the Tromzo team as Executive Chairman.
Tromzo is a company that is founded, designed, and funded by
security leaders and, because of this, we understand our customers'
needs and the unique challenges they face identifying and reducing
risk,” said Jack Sweeney, Executive Chairman of Tromzo. “I am
excited by what I know we will accomplish together going
forward.”
About TromzoTromzo is the first security
posture and vulnerability management platform that reduces risk
through rapid remediation from code to cloud. Security teams use
Tromzo as the single-source-of-truth to discover complete risk
context and accelerate vulnerability remediation. Backed by top
investors including Venture Guides, Innovation Endeavors, Operator
Partners, SVCI and 25+ leading CISOs.
For more information, visit www.tromzo.com and follow us on
LinkedIn and Twitter.
Chris Heggem +1 (408) 710-3989 chris@tromzo.com
Photos accompanying this announcement are available at
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