Finishes FY20 with double-digit year-over-year ARR growth and ~70% recurring revenue; key platform wins across government, financial services, healthcare and manufacturing; research and innovation leadership
Closes over 300 new logo wins during pandemic
Company extends management team with networking and security veteran Kevin O’Leary joining as Chief Product Officer, Brett Kelsey to lead Professional Services and Rob Amezcua to lead Americas Enterprise Sales
SAN JOSE, Calif., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc., the leader in Enterprise of Things security, today provided key milestone updates since the company’s privatization in August 2020.
Over the last six months, Forescout has built a strong leadership team and has attracted leaders from a diverse set of organizations to galvanize the company for future growth. Today, the company announced that Kevin O’Leary will join Forescout as its Chief Product Officer. O’Leary is a career product and engineering leader, having led significant development efforts at ABB and Symantec . Most recently, he served as vice president of Broadcom ’s network security group where he was responsible for all aspects of product management, product strategy and development. The company also announced that Brett Kelsey has joined Forescout to lead Professional Services and Rob Amezcua has joined to lead Americas Enterprise Sales. Prior to joining Forescout, Brett and Rob held senior services and sales roles at Optiv and Broadcom , respectively. These appointments further strengthen Forescout’s management team.
“Since Advent International and Crosspoint Capital Partners took the company private six months ago, we have been purposeful in investing in the talent, organizational structure and processes to build upon Forescout’s leading market position and continue to drive innovation and growth,” said Bryan Taylor, head of Advent’s technology investment team and a Managing Partner in Palo Alto. “I’m thrilled with the progress we have made over a very short period, and I’m excited about the validation of the company’s direction that we’ve seen through customer feedback and wins.”
Forescout Technologies, Inc. actively defends the Enterprise of Things by identifying, segmenting and enforcing compliance of every connected thing. Fortune 1000 companies trust Forescout as it provides the most widely deployed, enterprise-class platform at scale across IT, IoT and OT managed and unmanaged devices. Forescout arms customers with more device intelligence than any other company in the world, allowing organizations across every industry to accurately classify risk, detect anomalies and quickly remediate cyberthreats without disruption of critical business assets. Don’t just see it. Secure it.
The Enterprise of Things – Secured. Learn more at www.forescout.com.
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