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Cybersecurity vendor Darktrace eyes IPO

Darktrace became the first cybersecurity company to pursue a London initial public offering (IPO) since 2018, revealing growing revenue and a significant channel sales motion.
The England-based company said more than 370 active channel partners across nearly 70 countries accounted for 35 percent of Darktrace’s revenue as of Dec. 31, according to a registration document filed Monday. Darktrace is looking to raise between US$350 million and US$400 million in a London Stock Exchange IPO that could value the company at US$4 billion, The Wall Street Journal reported.
“Although the majority of the Group’s sales are direct to customers, the Group also relies on its channel partners to sell and market its products,” Darktrace wrote in its 163-page registration document. “These channel partners increase brand visibility and sales for the Group and assist in penetrating markets where the group does not have a significant direct sales team.” ....

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Cybersecurity Vendor Darktrace Eyes IPO Amid Surging Sales

Cybersecurity Vendor Darktrace Eyes IPO Amid Surging Sales
British cybersecurity firm Darktrace reveals growing revenue, fluctuating losses, and a significant channel sales motion in its IPO filings, with partners bringing in 35 percent of revenue as of Dec. 31, 2020.
By
Michael Novinson April 13, 2021, 01:28 PM EDT
Darktrace became the first cybersecurity company to pursue a London initial public offering (IPO) since 2018, revealing growing revenue and a significant channel sales motion.
The Cambridge, England-based company said more than 370 active channel partners across nearly 70 countries accounted for 35 percent of Darktrace’s revenue as of Dec. 31, according to a registration document filed Monday. Darktrace is looking to raise between $350 million and $400 million in a London Stock Exchange IPO that could value the company at $4 billion, The Wall Street Journal reported. ....

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Trend Micro: White Papers, Case Studies, and Products

When comparing SaaS against on-premise business solutions, it’s not always clear cut why you should pick one over the other. Forrester claims SaaS is nearly always better – but that can vary depending on use case. Read this data sheet to unlock the top 3 reasons to make the switch to SaaS. ....

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Trend Micro Deep Security and VMware NSX: Which cloud and data centre security solution is better?

For decades, traditional data centres have been the most predictable and controlled infrastructure to house high-risk and proprietary assets, such as personal information, medical records, and financial information. Yet, today’s modern infrastructures allow organisations to extend their data centres into cloud services, and this change does come with a unique set of risks. Keeping these risks in check requires businesses to reassess their data centre security and even partner with a modern solution provider. However, choosing the right solution isn’t easy – every business is different, and there is no ‘one size fits all’ solution.
Over 388,000 professionals have used IT Central Station research to inform their purchasing decisions. Its latest paper looks at Trend Micro Deep Security and VMware NSX, two of the highest reviewed solutions in the cloud and data centre security market. ....

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