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Perimeter Leads Security SaaS Marketplace With Its Aggressive Growth Strategy And It’s Highly Innovative and Unmatched Product Suite
Milford, CT, March 24, 2009 – Perimeter eSecurity‘s CEO, Brad Miller, has been named the 2009 Innovator of the Year by Business New Haven. Perimeter eSecurity, the only provider of complete security on demand, began offering its innovative outsourced security services eight years ago, long before today’s “cloud computing” trend caught on. This head start has put Perimeter at the forefront of providing security and related services in a SaaS model that makes Enterprise class services available to companies at any size.
It was by no means obvious in 2000 that Internet security services would turn into such a huge growth industry. Perimeter decided not only to focus the company on providing security services but also to initially target the financial-services industry, which has always been subject to the toughest regulatory requirements, an innovative strategy which has led to the company’s significant year over year growth. Since then the company has added other verticals such as healthcare, telecommunications, and has built a strong channel partner organization. Perimeter is the only company to offer 50 IT security services in the areas of Vulnerability Defense, Intrusion Defense, Network Defense, Email Defense, System Defense, User Defense, Secure Hosted Email and Email Archiving. Business connected to Perimeter’s network can order these services on demand much like you would order a pay-per-view movie from a cable company.
Profitable since 2001, Perimeter’s revenues have grown an average of 331 percent per year over the last five years. Perimeter reports that the current economic downturn is only increasing the willingness of customers large and small to adopt Perimeter’s software-as-a-service model which requires no CAPEX investment and is provided on an affordable subscription basis.
Perimeter has acquired and successfully integrated 16 companies in the last 6 years, each of which contributed critical technologies such as hosted email, email archiving, and vulnerability assessment, and/or customer base that helped to drive the company’s growth. In 2007 Perimeter received two funding rounds totaling $104 million from Goldman Sachs, Bessemer Ventures and Stripes Group. Over the past several years Perimeter has repeatedly achieved high rankings on Deloitte & Touche’s North American Technology Fast 500 list and on Inc. Magazine’s list of the country’s fastest-growing private companies, and was also positioned by Gartner, Inc. in the Visionaries quadrant of the “Magic Quadrant for MSSPs, North America, 1H07”1 report. Perimeter eSecurity has over 10,000 customers, 3,000 of which are in the financial services industry, and 350 employees.
Mr. Miller was honored at a special reception on March 5th in New Haven. With a bachelor’s degree in economics from Franklin & Marshall College and a master’s degree in business administration from Columbia University School of Business, Miller has also worked as an investment banker at Schroders, PLC and as chief operating officer of PRG, a supplier of entertainment technology products and services.
About Perimeter eSecurity
As the only provider of complete security on demand, Perimeter eSecurity makes security easily available and affordable for all businesses. Perimeter’s on demand security services protect thousands of computer networks nationwide, offering more than 50 different services on a subscription basis in the areas of: Vulnerability Defense, Intrusion Defense, Network Defense, Email Defense, System Defense, User Defense, Secure Hosted Email and Email Archiving. Through its top rated hosted eMessaging provider subsidiary, USA.NET, Perimeter provides custom, mission critical messaging infrastructure to organizations of all sizes. With the proliferation of security threats and technologies, clients benefit from a single-source provider that offers all services through one pre-integrated platform and web portal.
Perimeter’s security SaaS services are continuously expanded, enhanced and upgraded for current and future regulatory compliance. With nine geographically distributed technical offices and three redundant data centers, Perimeter’s services are always available and have been validated by multiple independent third parties. For more information about Perimeter visit www.perimeterusa.com.
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