ThreatQuotient Achieves Record Results in 2017 in Pursuit of Redefining Security Operations

ThreatQuotient™, a trusted threat intelligence platform innovator, today announced that the company exceeded a five times increase in bookings in 2017, with a record fourth sequential quarter of bookings growth. This momentum is a reflection of ThreatQuotient’s success in addressing unique enterprise security operations challenges through the continued development of the ThreatQ threat intelligence platform. With threat intelligence (TI) as an organization’s foundational element, ThreatQ makes security operations more efficient and effective.

“The reality of cybersecurity today is that our adversaries are always evolving, which means the technologies and strategies of our customers need to evolve as well. ThreatQuotient is not only committed to being the most advanced threat intelligence platform, but also to advancing the state of security operations and management,” said John Czupak, President and CEO, ThreatQuotient. “We are proud to empower organizations with stronger visibility and understanding of the exact threats they are facing, and our rapid growth to date, including new Fortune 50 accounts, US and International Defense Organizations and large MSSP’s, is a testament to this work. We look forward to our continued momentum in 2018.”

ThreatQuotient’s position as a major player in the threat intelligence platform market is reinforced by a rapidly increasing ecosystem of partnerships. In 2017, ThreatQuotient doubled the number of new partners in their technical alliance ecosystem, bringing their portfolio to over 200 feed and product integrations. Fostering collaboration, between teams and their tools within a company as well as individual organizations, is a key piece of securing society’s most critical information.

According to Gartner, “There is an increasing realization of the value and critical importance that intelligence can have in decision making, automation and bringing an adaptive approach to security based on the added contextual information from TI.” (Gartner, Inc., Competitive Landscape: Threat Intelligence Services, Worldwide, 2017, Ruggero Contu and Lawrence Pingree, 26 July 2017). In this report, Gartner forecasts the threat intelligence services market to “reach almost $1.8 billion by 2021, up from $670 million in 2016.” As more organizations continue to invest in threat intelligence for the first time, or continue to expand their threat intelligence programs, ThreatQuotient will be able to help them combine and leverage both external and internal threat data in a way that is tailored to their individual business.

Over the past year, the ThreatQ platform has matured to provide innovative and in-demand functionality focused on prioritization, context and automation to accelerate security operations. In early 2017, ThreatQuotient launched the re-architected ThreatQ to add key features needed for a true operational platform. The platform’s key functionality has grown to include:

User-Defined Prioritization
Not all threat data provides the same value to an organization’s threat and security operations. Each company has unique needs and risks, so ThreatQ empowers scoring and prioritization of threat intelligence based on company-defined parameters.

Expanded Ecosystem of Technology Integrations
The power of the ThreatQ platform lies in its open, extensible architecture, allowing for strong integration and interoperability with the tools you use today and the tools you may be considering across a broad spectrum of services.

Increased Automation
Accelerate detection and response by automating the aggregation, operationalization and use of threat intelligence across all systems and teams. Sopra Steria cites that on a daily basis, the use of threat intelligence, coupled with artificial intelligence and ThreatQ, cuts their investigating time by over 80 percent, and reduces the rate of false negatives and false positives by over 50 percent.

ThreatQuotient recently announced Series C financing led by Adams Street Partners, and including new investors Cisco Investments and NTT DOCOMO Ventures, Inc. (NYSE: DCM). In addition, industry validation was earned in the form of numerous awards and accolades for both company and product. This year, ThreatQuotient was named to CRN’s Emerging Vendors list; won three InfoSecurity Products Guide Global Excellence Awards; four Network Products Guide IT World Awards; and was named a SINET 16 innovator for the second year in a row. Most recently, ThreatQuotient was named a finalist in the CRN Tech Innovator Awards for the new category of threat analytics.

For more information about ThreatQuotient’s products and services, please visit www.ThreatQ.com.

About ThreatQuotient

ThreatQuotient™ understands that the foundation of intelligence-driven security is people. The company’s open and extensible threat intelligence platform, ThreatQ™, empowers security teams with the context, customization and prioritization needed to make better decisions, accelerate detection and response and advance team collaboration. Leading global companies use ThreatQ as the cornerstone of their threat operations and management system, increasing security effectiveness and efficiency. ThreatQuotient is headquartered in Northern Virginia with European operations based out of the UK and France. For more information, visit https://threatquotient.com.

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