Imperva Triples Revenues in 2006 to Lead Market for Data Security and Compliance

WebKnowHow
Thursday, February 8, 2007; 03:39 AM

Imperva, the global leader in data security and compliance solutions for the data center, today announced that it increased sales by 300 percent in 2006. Revenues spiked in 2006 due to increased need for companies to demonstrate compliance with regulatory requirements and protect sensitive data against insider and outsider threats. The company added over 120 new customers last year, with more than 50 percent of buyers choosing to deploy Imperva’s end-to-end solution, including both the web application and the database solution.

According to Eric Ogren, Security Analyst at Enterprise Strategy Group, “Imperva is a company driving in the fast lane; it has come a long way. Imperva is the one company that can combine proven expertise of high performance http inspection with SQL parsing. Imperva is taking control of datacenter security.”

“Imperva’s approach meets our need to address both data compliance and data security,” said Scott Ficek, senior director of information systems for Caribou Coffee. “Imperva understands we need to both audit all users who access our financial database and identify database attacks attempting to evade our security and audit policies.”

2006 Highlights

In the past 12 months Imperva achieved the following milestones:

• 300 percent year-over-year sales growth for second year in a row
• Added over 120 new customers bringing total customer base to over 220, including 19 of the Fortune 500
• Over 50% of customers deployed both Web Application Firewall and Data Security Gateway solutions resulting in end-to-end web application and database security/monitoring
• Over 50% of the deals were greater than $100,000
• Key new customers include online broker Scottrade, financial services firm Euronext (AEMS), hotel giant Accor, number two US specialty coffee maker Caribou Coffee, the municipal employees pension system for Houston, and workforce solutions leader Staffmark
• Imperva SecureSphere named Editor’s Choice by Network Computing. In comprehensive tests conducted at Network Computing’s Real-World Labs®, SecureSphere outperformed competing products, including offerings from F5 Networks, Netcontinuum, and Breach Security
• Imperva selected by Red Herring as Top Ten Private Security Company to Watch in 2006
• Imperva named Most Innovative Company at RSA Conference 2006 Innovation Station Showdown
• Imperva SecureSphere received eWEEK Excellence Award
• Imperva SecureSphere Named One of 25 Best Security Innovations for 2007 by Financial IT Security Magazine
• Shlomo Kramer named by Network World one of Top 20 People Who Changed the Network Industry
• Amichai Shulman named to InfoWorld CTO 25 List
• Worldwide reseller roster expanded with the addition of following resellers:

North America: Accuvant, Akibia, CAC, FutureCom, Prosysis, and RBTi

EMEA: Vistorm; Blue Cube Security; Preventia, Sapphire, Nomios, and Cap Synergy

APAC: AsiaNet Technologies Co., Ltd., Inpro Technologies Corp., Lenovo Security Technologies, Inc., and Tokyo Electron Devices

• Management team bolstered with the addition of industry veterans Jim Drill, Vice President of Worldwide Sales (IMlogic), and Robin Matlock, Executive Vice President and General Manager (McAfee).

“2006 was a breakthrough year for Imperva,” said Shlomo Kramer, president and CEO. “The market introduction of our compliance product was an instant success. Our vision that security and compliance are converging in the data center is becoming a market reality. We have added world-class managers to our team, expanded our reseller channels, and received unprecedented industry recognition for our products and business.”

About Imperva

Imperva is the global leader in data security and compliance solutions for the data center. Imperva enables organizations to secure and control sensitive data throughout transactional data systems. As data security and compliance converge, businesses can rely on Imperva to deliver automated, practical risk containment solutions that drive sustained operational efficiencies. The company’s SecureSphere appliances are deployed in leading financial, retail, telecommunications, healthcare, and government organizations around the globe. Founded over five years ago by Shlomo Kramer, named one of the 20 luminaries who changed the network industry, Imperva is a solid, privately held company with growing revenues and backing from Accel Partners, Greylock Partners, US Venture Partners, and Venrock Associates. For more information, visit www.imperva.com.