Company revenue grows 43 percent year over year, Q4 2010 marks largest quarter ever
Redwood Shores, CA – January 31, 2011 – Imperva, the global leader in data security, announced today that it achieved record growth at the close of fiscal year 2010, experiencing a 43 percent increase in revenue over 2009 and marking Q4 2010 as the largest quarter on company record. In 2010, the company also expanded its executive team and board of directors as well as released new innovations in its SecureSphere Data Security Suite.
“Data breaches continue to inflict financial and reputation costs—especially WikiLeaks. In 2010, awareness grew dramatically around the need for database, application and file security. Not surprisingly, 2010 was a milestone year for Imperva and customer demand for our solutions has never been greater,” said Shlomo Kramer, Founder and CEO of Imperva. “In 2010 we were able to drive innovation in key areas including threat detection and file security as well as add experienced company-builders to our senior team and board. Imperva is poised for continued success in 2011.”
Highlights from 2010 include:
- Revenue growth of 43 percent over fiscal year 2009, and the addition of nearly 400 new global customers;
- Release of new products and services including SecureSphere File Activity Monitoring and automatic threat detection solution ThreatRadar, as well as the spinoff of Incapsula, a cloud-based website and web application security company;
- The company’s largest quarter on record, Q4 2010, with revenues from newly introduced products ThreatRadar and SecureSphere File Activity Monitoring doubling over the previous quarter;
- Increase in mid-market enterprise revenue of 104 percent over 2009 and well as 90 percent growth in MSSP revenue and 50 percent growth in professional services revenue year over year;
- Appointment of seasoned CFO, Terry Schmid, as well as the appointment of new General Counsel, Scott Darling, and the addition of Albert “Rocky” Pimentel as Audit Committee Chairman on Imperva’s Board of Directors.
“We’ll continue to focus on providing solutions and research that enable companies to do business while securing their data from evolving threats and attacks,” continued Kramer.
About Imperva
Imperva is a pioneer and leader of a new category of data security solutions for high-value business data in the data center. With more than 1,300 end-user customers and thousands of organizations protected through cloud-based deployments, Imperva’s customers include leading enterprises, government organizations, and managed service providers who rely on Imperva to prevent sensitive data theft from hackers and insiders. The award-winning Imperva SecureSphere identifies and secures high-value data across file systems, web applications and databases. For more information, visit www.imperva.com, follow us on Twitter or visit our blog.
Forward Looking Statements
Certain statements contained in this press release may be forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such statements that are not purely historical are forward-looking statements, including, without limitation, statements regarding trends or projections related to our business and our expectations, beliefs, intentions or strategies regarding the future. These statements are subject to known and unknown risks, uncertainties and other factors, which may cause our actual results to differ materially from those implied by the forward-looking statements. We undertake no obligation to update any of the forward-looking statements contained herein after the date of this presentation, whether as a result of new information, future events or otherwise.
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Imperva and SecureSphere are registered trademarks of Imperva, Inc. All other brand or product names are trademarks or registered trademarks of their respective holders.
Press Contacts
North America Katherine Nellums Page One PR Tel: (415) 321-2347 katherine@pageonepr.com |
Asia-Pacific Grenadine Lau Imperva Tel: +65 6749 4482 grenadine.lau@imperva.com |
Latin America Leticia Rodriguez G.P.A. Tel: +55-52-5611 3183 leticia.rodriguez@global-position.com |
Europe, Middle East and Africa |
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UK Neil Stinchcombe Eskenzi PR Tel: +44(0)20 71 832 833 neil@eskenzipr.com |
Germany Stefan Epler LEWIS PR Tel: +49 (0)211 522 946 11 ImpervaGermany@lewispr.com |
France David Bernardin LEWIS PR Tel: +33 (0)1 55 31 98 14 ImpervaFrance@lewispr.com |
Investor Contact
Seth Potter
ir@imperva.com
Tel: (650) 832-6032