SOURCE: Centrify Corporation

Centrify Corporation

October 27, 2014 08:11 ET

Centrify Named Fastest Growing Private Company by Silicon Valley Business Journal for Second Consecutive Year

SANTA CLARA, CA--(Marketwired - Oct 27, 2014) - Centrify Corporation, the leader in unified identity management across cloud, mobile and data center, today announced that it has been included on the Silicon Valley Business Journal's Fastest Growing Private Companies list for 2014, marking the second consecutive year the company has received this distinction. Centrify was honored on Oct. 23 at an awards banquet at the Computer History Museum in Mountain View, Calif.

Centrify is recognized as one of the region's top private companies after posting another year of record sales. This growth centered on strong customer demand for Centrify's unique end-to-end solution, which features comprehensive privileged identity management for on-premises servers, as well as Identity-as-a-Service (IDaaS) for SaaS and mobile applications and devices.

Centrify helps organizations see greater end user productivity and security by unifying their identity management requirements and delivering advantages such as single sign-on (SSO) and multifactor authentication to business apps, regardless of a user's physical location or device preference. Additionally, Centrify helps to improve IT efficiency, better address regulatory compliance, and better secure the hybrid cloud and on-premises IT environments, as well as lower total cost of ownership for identity infrastructure.

"We are honored to be recognized as one of Silicon Valley Business Journal's fastest growing private companies for the second year in a row," said Centrify CEO Tom Kemp. "We expect to keep climbing the list in 2015 by continuing to innovate around the intersection of IT and security, where we work hard to bring major productivity and security advantages to customers across their cloud, mobile and server environments."

Additionally, in the past year, Centrify:

  • Signed major OEM deals with Samsung and AVG Technologies.
  • Raised $42M in funding with participation by strategic investors Samsung Ventures, Fortinet Inc. and Docomo Capital to support further growth and product innovation.
  • Became the first provider in the IDaaS market to serve and support more than 2,000 customers in the cloud.
  • Nearly doubled its channel revenue with contributions from major new channel partners.
  • Maintained a 97 percent retention rate of customers.

About Centrify
Centrify provides unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT. Centrify's unified identity management software and cloud-based Identity-as-a-Service (IDaaS) solutions leverage an organization's existing identity infrastructure to enable single sign-on, multi-factor authentication, privileged identity management, auditing for compliance and mobile device management. Centrify customers can typically reduce their total cost of identity management and compliance by more than 50 percent, while improving business agility and overall security. Centrify is used by more than 5,000 customers worldwide, including nearly half of the Fortune 50 and more than 60 Federal agencies. For more information, please visit http://www.centrify.com/

Centrify is a registered trademark and Centrify Server Suite and Centrify User Suite are trademarks of Centrify Corporation in the United States and other countries. All other trademarks are the property of their respective owners.

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