SAN DIEGO, CA -- (Marketwired) -- 04/23/14 -- iboss, a provider of network security solutions, today announced it achieved several company milestones in Q1, 2014. Sales grew 400 percent year-over-year, and the company made strategic new hires in marketing, finance, sales, operations and R&D. iboss expanded its San Diego team by 30 percent, and aims to double the current number of employees by year-end.
"San Diego is a hub for innovation, and it's thrilling to be part of a community that is driving technology advancements in security," said Paul Martini, CEO, iboss Network Security. "As we continue to expand, we're focusing on growing our team and tapping into the talented pool of local security executives. We're also getting involved in local initiatives, such as the newly launched Cyber Center of Excellence, to make a continued impact on San Diego's cyber security economy."
New customers added in Q1 include Xerox, NutraSweet and Sears. iboss also secured contracts with Connecticut and Utah to aid in securing the states' public networks. In addition to new contracts, iboss has achieved a 99.8 percent customer retention rate over the past three years.
iboss is expanding internationally as well. The company established new offices in Essex and the United Kingdom, and is adding to its sales and engineering staff in LatAm and APAC.
Helping large public and private-industry organizations monitor and secure every aspect of their network in the age of BYOD and mobile devices, iboss' growth has been largely organic. Key drivers include administrators seeking better security for mobile devices, solutions that scale better and manage bandwidth, methods to secure BYOD and better content visibility into what is occurring on networks. While legacy security vendors are ill-equipped to address these pain points, iboss' solutions resonate with customers because they were developed specifically to address new and emerging security pain points. iboss is the only security vendor that offers solutions to proactively monitor outbound communications across all data channels and ports.
"We are determined to provide our customers with solutions that enable them to address complex network security challenges caused by cloud computing, the rush of new mobile devices entering the market and the increasing prevalence of sophisticated cyber threats. iboss' increasing momentum is a testament to the fact that we're meeting this goal," continued Martini. "The success we've achieved also allows us to reinvest in our technology and grow our team. In 2014 we plan to significantly expand our international footprint, which will ensure we can improve network security for organizations across the globe."
For more information on iboss please visit http://www.iboss.com/
About iboss Network Security
iboss Network Security engineers highly scalable Web security solutions providing layer 7 defense across HTTP, SSL, threat and applications securing mobile devices on or off network. iboss enables organizations to safely adapt social media, SaaS, and mobile devices while expanding access to technology. By incorporating unmatched network traffic visibility, organizations are able to identify high-risk user behavior and the Shadow IT to create more actionable policies. Visit www.iboss.com