SAN MATEO, Calif., July 23, 2018 – Exabeam, the next-gen security information and event management company, today announced that CRN®, a brand of The Channel Company, has named Exabeam to the 2018 Emerging Vendors List in the Security category. This list recognizes recently founded, up-and-coming technology suppliers who are shaping the future of the IT channel through unique technological innovations. The list is divided into seven categories: Cloud, Data Center, Security, Big Data, Unified Communications, Internet of Things (IoT) and Storage. In addition to celebrating these notable companies, the Emerging Vendors List serves as a valuable resource for solution providers looking to expand their portfolios with cutting-edge technology.
Exabeam earned its spot on the list due to the strength of its Security Intelligence Platform, a combination of open source technology, advanced data analytics and deep security expertise. The company’s suite of security management products targets weaknesses in traditional enterprise SIEM by collecting large volumes of data, detecting constant and evolving digital threats and responding swiftly to incidents, while keeping costs affordable.
A key differentiator introduced this year is the Exabeam Data Lake, which helps customers collect and store unlimited amounts of security data to meet threat detection and compliance needs. Exabeam has a unique pricing model that is not constrained by the volume of data. This provides customers with the freedom of unlimited scalability and an a la carte menu to select only the security management solutions that fit their business needs. The approach decreases the overall financial burden to a company while eliminating its risk of missed security alerts often associated with the limiting, “pay-by-the-byte” approach of older SIEM solutions.
Exabeam, which sells exclusively through the channel, has more than 150 channel partners globally today and has increased its deal size by 96 percent from 2016 to 2018. The company has tremendous traction in the Americas and Europe, and has invested for rapid growth in Asia-Pacific, Japan and the Middle East in 2018.
“The technology suppliers on CRN’s 2018 Emerging Vendors list are creating a bright future for the IT channel, aggressively developing products to meet complex IT market demands, while positively impacting the bottom line of solution providers,” said Bob Skelley, CEO, The Channel Company. “The array of leading-edge products delivered by these organizations will have a lasting impact on the channel for years to come.”
This year’s inclusion adds to the long list of recent accolades Exabeam has received from CRN. The SIEM disruptor was recently awarded a 5-star rating in CRN’s 2018 Partner Program Guide, a tribute to the company’s continued innovation and dedication to building and maintaining critical partnerships with resellers globally. The company was also included in the 2017 Emerging Vendors List and Partner Program Guide.
“One way to stay out of recurring data breach headlines is to move fast and automate as much as possible – especially with user behavior analysis and incident response. So when threats are present, the SIEM solution, through machine learning and analytics, can immediately tell security teams exactly what needs to be addressed,” said Ted Plumis, vice president of channels at Exabeam. “We disrupted the SIEM market in 2015, and the channel instantly embraced our solution. That growth has continued year on year, and being recognized by a prestigious publication like CRN honors the positive reception we’ve gotten from our rapidly expanding lists of customers and partners.”
The complete Emerging Vendors list will be featured online at www.crn.com/emergingvendors.
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Exabeam provides security intelligence and management solutions to help organizations of any size protect their most valuable information. The Exabeam Security Intelligence Platform uniquely combines a data lake for unlimited data collection at a predictable price, machine learning for advanced analytics, and automated incident response into an integrated set of products. The result is the first modern security intelligence solution that delivers where legacy SIEM vendors have failed. Built by seasoned security and enterprise IT veterans from Imperva, ArcSight, and Sumo Logic, Exabeam is headquartered in San Mateo, California. Exabeam is privately funded by Norwest Venture Partners, Aspect Ventures, Icon Ventures, Lightspeed Venture Partners, and investor Shlomo Kramer. Follow us on Facebook, Twitter, and LinkedIn.
About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com
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