SOURCE: Exabeam

Exabeam

January 12, 2016 08:30 ET

Exabeam Beats 2015 Sales Targets and Continues Momentum Into 2016

Company Extends Leadership Position Within Red-Hot User Behavior Analytics Market

SAN MATEO, CA--(Marketwired - Jan 12, 2016) - Exabeam, the leader in user behavior analytics (UBA) for security, today announced that it finished 2015 at over 150 percent of sales targets and increased momentum heading into 2016. Gartner estimates that the UBA market will grow from $50 million in 2015 to approximately $200 million by the end of 2017, a CAGR of 100 percent. Exabeam expects to increase headcount by 100 percent and sales by 300 percent over 2015 results in the coming year.

"2015 was a big year for Exabeam. The company fired on all cylinders and it's a very exciting time to be here," said Nir Polak, CEO. "The UBA market is growing very quickly, and we are well-positioned to extend our leadership position in 2016. We have the team, the technology, and the partners in place for significant growth."

Key 2015 Milestones:

About Exabeam
Exabeam's user behavior analytics solution leverages existing log data to quickly detect advanced attacks, prioritize incidents and guide effective response. The company's Stateful User Tracking™ automates the work of security analysts by resolving individual security events and behavioral anomalies into a complete attack chain. This dramatically reduces response times and uncovers attack impacts that would otherwise go unseen. Built by seasoned security experts and enterprise IT veterans from Imperva, ArcSight and Sumo Logic, Exabeam is headquartered in San Mateo, California and is privately funded by Aspect Ventures, Icon Ventures, Investor Shlomo Kramer and Norwest Venture Partners. Visit us on Facebook or Twitter and follow us on LinkedIn.

Contact Information

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