George Canellos

Ericom Software Delivers Record ARR Growth and Closes 1st Half of 2022 with Best-Ever Results

Retrieved on: 
Tuesday, July 26, 2022

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.

Key Points: 
  • "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.

Ericom Software Delivers Record Sales and ARR Growth in 2021, Driven by Zero Trust Cloud Security Solutions

Retrieved on: 
Tuesday, January 11, 2022

"For the year, our sales and annual recurring revenue (ARR) both grew approximately 50%, and we experienced tremendous growth in the number of customers using Ericom's isolation-based Zero Trust security products.

Key Points: 
  • "For the year, our sales and annual recurring revenue (ARR) both grew approximately 50%, and we experienced tremendous growth in the number of customers using Ericom's isolation-based Zero Trust security products.
  • Increasing market demand, coupled with the strong value proposition of our Zero Trust security solutions for organizations and partners of all sizes, positions us for even faster growth in 2022."
  • Dr. Chase Cunningham, a well-known and respected thought leader in Zero Trust security, joined Ericom from Forrester, where he was the lead industry analyst covering Zero Trust.
  • Ericom Software is a leading provider of cloud-delivered, Zero Trust cybersecurity solutions that protect today's digitally distributed organizations from advanced security threats.