SOURCE: LockPath

LockPath

August 09, 2012 08:00 ET

LockPath GRC Channel Program Sees Explosive Growth in 2012

Channel Sales Expected to Grow by 800 Percent Due to Unrivaled Flexibility of LockPath's Groundbreaking Governance, Risk and Compliance (GRC) Platform

OVERLAND PARK, KS--(Marketwire - Aug 9, 2012) - LockPath, a provider of innovative governance, risk and compliance (GRC) applications, has become a dominant force in the information security channel, expecting to grow channel sales by 800 percent in 2012. Flexible, open and remarkably simple to integrate, the Keylight platform is the ideal fit for service partners that want to offer their customers a cost-effective, fast and efficient way to manage complex risk and regulatory compliance requirements.

"Solution providers have struggled to find GRC software partners offering easy-to-install and integration-ready platforms," said Bob Wescott, vice president of sales, LockPath. "LockPath is charting a new GRC path in the channel by eliminating the frustration often associated with GRC platform implementation. We are aggressively pursuing strategic new partnerships with U.S. and global organizations committed to delivering on the true promise of GRC."

Since its launch in 2011, LockPath's channel program has experienced tremendous momentum, with the addition of new service partners and resellers, such as Accuvant. LockPath's focus on product innovation has also helped strengthen existing partnerships with, among others, BT, Fishnet and SDS. Cloud-based and purpose-built, the Keylight platform is ideal for providers looking for an easy-to-use, enterprise-ready GRC solution. Keylight's Connector Library and patent-pending Dynamic Content Framework empower partners to painlessly integrate the platform with market-leading vulnerability management software and SIEMs, eliminating the need for time-consuming and fragile custom integrations.

"Forced to comply with complex and ever-changing industry regulations, our customers need help to ensure they can effectively manage their GRC requirements, and they expect us to move quickly to provide that support," said Jeff Schmidt, Global Head, Business Continuity, Security, & Governance, BT Global Services. "By leveraging the agility and simplicity of LockPath software in our solutions, we improve our ability to deliver on our customer demands."

LockPath plans to continue to aggressively build out its channel program in the months ahead, with a focus on partnering with organizations that have a consulting approach to meeting customers' IT, IT security and governance needs. Specifically, LockPath plans to augment its current team, provide more formal training and sales support for its channel partners and significantly expand its global reach.

"With revenue projected to quadruple in 2012, a successful Series B funding close and a channel program growing at breakneck speed, it is clear that the market has been waiting for our revolutionary approach to GRC," said Chris Caldwell, CEO, LockPath. "LockPath empowers organizations of all sizes to tame the compliance beast in a simple way. We stand-out in an industry long plagued by an inability to keep its promises and look forward to making more waves in the GRC channel market."

For more information on how to become a LockPath channel partner, visit the LockPath partner page or call 913-601-4800.

About LockPath
LockPath helps companies of all sizes address the increasingly complex issues of regulatory compliance and risk management. Its innovative software provides keen insight by correlating security information from multiple data sources with current regulations and policies to gauge risk. Easy to install and manage, the Keylight platform empowers people at every level in an organization to take control and make better business decisions. LockPath is headquartered in Kansas City. Please visit www.lockpath.com to learn more.

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