Exabeam attributes 357% revenue growth to being on the cutting edge of SIEM And XDR technologies
FOSTER CITY, Calif., Nov. 17, 2021 — Exabeam, the leader in Next-gen SIEM and XDR, today announced it ranked 340 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27th year. Exabeam grew 357% during this period.
Since its appearance in the 2020 rankings, Exabeam has continued to build significant momentum as it revolutionizes Security Information and Event Management (SIEM) and Extended Detection and Response (XDR) technologies. In 2021, the company launched its leading cloud-delivered Exabeam Fusion XDR and Exabeam Fusion SIEM products, led the charge to create the first-of-its-kind XDR Alliance to ensure an open XDR framework through industrywide collaboration, announced a $200 million Series F capital raise and $2.4 billion valuation, and opened an office in Pune, India to support its cloud offering.
“Thank you, Deloitte. We are honored to be featured on the prestigious Technology Fast 500 list,” said Michael DeCesare, CEO and President, Exabeam. “Companies and organizations everywhere are overwhelmed by the rise in volume and sophistication of the threat landscape. At Exabeam, we have nearly 600 employees who are deeply focused on automating SOC operations everywhere. Our next generation SIEM and ML-driven XDR products are game changing in helping security analysts stop breaches and fully exfiltrate the adversaries from their environments. This award is a testament to the hard work of all our employees around the world.”
“Each year the Technology Fast 500 shines a light on leading innovators in technology, and this year is no exception,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
“The pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit & assurance practice. “These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.”
About the 2021 Deloitte Technology Fast 500™
Now in its 27th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2017 to 2020.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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Exabeam is a global cybersecurity leader that adds intelligence to every IT and security stack. The leader in Next-gen SIEM and XDR, Exabeam is reinventing the way security teams use analytics and automation to solve threat detection, investigation, and response (TDIR), from common security threats to the most critical that are difficult to identify. Exabeam offers a comprehensive cloud-delivered solution that leverages machine learning and automation using a prescriptive, outcomes-based approach to TDIR. We design and build products to help security teams detect external threats, compromised users and malicious adversaries, minimize false positives and best protect their organizations. For more information, visit www.exabeam.com
Exabeam, the Exabeam logo, Exabeam Fusion, Smart Timelines, Security Operations Platform, and XDR Alliance are service marks, trademarks or registered marks of Exabeam, Inc. in the United States and other countries. All other brand names, product names, or trademarks belong to their respective owners. © 2021 Exabeam, Inc. All rights reserved.
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