Forescout Technologies Honored as a Top 100 Global Tech Startup by Red Herring
Cupertino, Calif. — January 31, 2013 — Forescout Technologies, Inc., a leading provider of real-time network security solutions for Fortune 1000 enterprises and government organizations, has been named to Red Herring’s elite “Top 100 Global” list, recognizing the company as one of the leading private companies in the world.
The Red Herring award caps Forescout’s highly successful 2012, in which the company saw an increase in bookings by more than 66 percent and its installed base grow to more than 1,400 enterprises, government and military organizations. Forescout was also positioned in the “Leaders” quadrant in the Gartner Inc. 2013 Magic Quadrant for Network Access Control (NAC)[i], while Frost & Sullivan[ii] acclaimed the company as the largest independent NAC vendor and one that is growing the fastest in the market.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Forescout embodies the vision, drive and innovation that define a successful entrepreneurial venture. Forescout should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. The Red Herring distinction was due in part to Forescout’s pioneering approach to automate network access and endpoint compliance. The company’s drive to bring an array of mobile device management (MDM) products to market allows the company and its channel partners to take advantage of the “consumerization of IT” and Bring-Your-Own-Device (BYOD) trends.
“Being amongst the top 100 startups globally is a great honor, and validates our commitment to delivering best-in-class network access control and service to our customers,” said Gord Boyce, CEO of Forescout.
Forescout CounterACT provides endpoint intelligence and policy-based enforcement of all devices connected to the network. Beyond assuring trusted user and device access, the platform helps IT staff identify endpoint security gaps, such as out-of-date systems or inactive endpoint security software, and remediate those devices with little or no IT intervention. Forescout Mobile and Forescout MDM offer a cost-effective, flexible approach for BYOD and mobile device lifecycle management. The portfolio allows IT organizations to gain unified visibility and automated control for all wired and wireless, mobile and PC devices, whether managed or personal.
About Forescout Technologies, Inc.
Forescout enables organizations to accelerate productivity and connectivity by allowing users to access corporate network resources where, how and when needed without compromising security. Forescout’s real-time network security platform for access control, mobile security, endpoint compliance and threat prevention empower IT agility while preempting risks and eliminating remediation costs. Because the Forescout CounterACT solution is easy to deploy, unobtrusive, intelligent and scalable, it has been chosen by more than 1,400 of the world’s most secure enterprises and military installations for global deployments spanning 37 countries. Headquartered in Cupertino, California, Forescout delivers its solutions through its network of authorized partners worldwide. Learn more at www.forescout.com.
[i] Gartner, Inc. “Magic Quadrant for Network Access Control,” report G00238941, December 3, 2012, Lawrence Orans, John Pescatore.
[ii] Frost & Sullivan, “Analysis of the Network Access Control Market,” Report NAD5-01, by Chris Rodriguez, March 2012. To obtain a complimentary copy of this report, visit www.forescout.com/frost2012.
Forescout Technologies, Inc. is a privately held Delaware corporation. Forescout, the Forescout logo, CounterACT and ActiveResponse are trademarks of Forescout. Other names mentioned may be trademarks of their respective owners.