Corero extends partnerships in APAC, LatAm and the Caribbean
In an update on its "Partner-First" DDoS strategy, the cybersecurity firm announced several new strategic partnerships.
Company
LON:CNS
Corero Network Security PLC is a leading provider of DDoS (distributed denial-of-service) protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics and reporting tools. The company’s technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability.
244 stories · page 2 of 13
In an update on its "Partner-First" DDoS strategy, the cybersecurity firm announced several new strategic partnerships.
The company successfully leveraged its strategic and business partnerships such as those with Juniper and GTT
Contract wins in October and November included a Tier 1 UK telecoms and communications provider and a Tier 1 Asian communications provider
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The orders include its largest ever customer order, nine new customer wins, including three customers in Asia-Pacific
The market for DDoS protection is only going in one direction [up], said Cenkos.
The company also noted that revenues from its DDoS protection-as-a-service contracts had more than doubled to US$1.2mln from US$0.5mln
The coronavirus pandemic has highlighted the relevance and awareness of Corero's solutions globally in recent months
Corero was among a group of eleven companies profiled
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The new customers have ordered products worth over US$1.5mln
The current CEO, Ashley Stephenson, will become the chief technology officer, to be succeeded as CEO by industry veteran Lionel Chmilewsky
"Corero made significant progress in 2019 in both enhancing our operational platform alongside generating strong sales momentum"
The cybersecurity group said the customer wins for its SmartWall DDoS protection product included a new customer won through its relationship with Juniper Networks
Ashley Stephenson, Corero’s CEO said: "We have made a strong start to 2020 with these new and existing customer wins demonstrating the increasing traction for our SmartWall products"
Revenues for the last six months rose 10% year-on-year, while order intake in the period increased 36% to US$8mln
Corero signed up a US research university as a new customer for its Juniper SmartWall software
The three-year deals were signed with companies in the US, UK and Asia Pacific regions
Hardware & electrical equipment
The funds raised will be mainly used to market SmartWall in the US and Europe and further develop the system which is used to protect against cyber-attacks
"We are delighted to announce over $1 million of new orders and more importantly, to confirm encouraging sales progress from our strategic partnership"