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Tenable Network Security Recognized for Outstanding Growth by Inc. Magazine

August 30, 2012

Columbia, MD

Impressive 259 percent growth over 3 years earns Tenable a top spot on prestigious list

Tenable Network Security, Inc., the leader in Unified Security Monitoring (USM), today announced that it has been named one of the fastest-growing private companies by Inc. Magazine in its annual Inc. 5000 ranking. Tenable showcased a 3-year sales growth of 259 percent and was also the 15th highest grossing security company in 2011 on the list. The company was also recognized as one of the fastest-growing organizations in the Baltimore area, ranking 19th overall, and was lauded for its hiring capacity – having added more than 80 jobs in the last three years.

"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.

Tenable’s continued success stems from its unique approach to helping enterprises and government agencies protect their networks from emerging vulnerabilities and threats, especially for mobile, cloud, and virtual technologies. The company’s award-winning, enterprise-grade security platform integrates SIEM, vulnerability management and compliance management into a single solution that enables proactive network defense through round-the-clock, continuous monitoring and assessment. Tenable’s automated solutions also streamline compliance reporting for top regulations like PCI, SOX and HIPAA by leveraging customizable, pre-packaged reports, and ensuring that key assets are regularly monitored.

“This recognition builds on an already outstanding year for Tenable,” said Ron Gula, CEO of Tenable Network Security. “Just last month, we received a ‘Strong Positive’ rating in Gartner’s Vulnerability Assessment MarketScope, the highest possible rating given, and earlier this year we were selected to have our technology rolled out across the entire Department of Defense and select Federal Intelligence agencies by the Defense Information Systems Agency. Our momentum continues to increase thanks to the support from our customers and our commitment to delivering industry-leading security technology.”

Methodology

The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.

About the MarketScope

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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