Ericom Software Delivers Record ARR Growth and Closes 1st Half of 2022 with Best-Ever Results
TEL AVIV, Israel and NEW YORK, July 26, 2022 /PRNewswire-PRWeb/ -- Ericom Software, a leading provider of Zero Trust cloud-native cybersecurity solutions and developer of the ZTEdge™ SSE Platform, today announced record results for H1, 2022, delivering incremental annual recurring revenue (ARR) growth of over 127% compared to the same period in 2021. In addition, the company closed its three largest-ever sales contracts with customers in diverse industries across three continents. Accelerating demand for Ericom's ZTEdge solutions drove its strong performance, including increased adoption of its unique isolation-based solutions like Web Application Isolation, a powerful, clientless ZTNA solution that enables enterprises to secure access to private corporate applications and shared SaaS cloud services from unmanaged devices.
- "Ericom solutions experienced strong demand throughout the first half of this year, building upon our record sales in 2021," said David Canellos, President and CEO.
- Continued innovation by the Ericom Software R&D team was a key contributor to the strong 1st half results.
- To date, more than 50 Ericom Global Cloud points of presence (POPs) are available globally, with many added in 2022.
- Ericom Software is a leading provider of cloud-delivered, Zero Trust cybersecurity solutions that protect today's digitally distributed organizations from advanced security threats.