Cloudmark Extends Market Leadership With Record Growth in 2007
Cloudmark Grew Revenue 70 Percent and Established Itself as the #1 Messaging Security Provider for Carriers; Company Now Protects More Than 300 Million Mailboxes at More Than 100 Mobile Operators and Service Providers Worldwide
San Francisco, January 30, 2008 – Cloudmark, Inc., the global leader in carrier-grade messaging security, today announced record growth in 2007 that further expanded the company's share of the service provider messaging security market. Cloudmark's revenue grew 70 percent during 2007 and the company added more than 40 new customers worldwide. In addition, Cloudmark achieved a 100 percent retention and licensing renewal rate from existing customers.
In 2007, the company established itself as the #1 messaging security provider in North America, with implementations at 11 of the top 12 largest ISPs, including EarthLink, Comcast and Cox Communications. Cloudmark also continued its market leadership in Japan, with deployments at 7 of the top 10 service providers. Moreover, 2007 marked a year of seminal growth in Europe with numerous tier-one customer deployments in Europe, such as Swisscom and THUS (Demon). In 2007, Cloudmark also launched its mobile solutions business with strategic mobile operator wins worldwide. Today, the company's solutions protect more than 300 million mailboxes worldwide.
"During 2007, we further solidified our position as the world's leading independent provider of messaging security solutions," said Hugh McCartney, CEO of Cloudmark. "Most of this success can be attributed to our focus on delivering solutions that combine the performance and scalability demanded by the carrier market, combined with a level of accuracy that is second to none. From combating the growing issue of botnets to stopping mobile abuse, no other company in the world is better at helping service providers address the evolving threat landscape."
More than 100 service providers worldwide trust Cloudmark to protect its subscribers against spam, virus, worm, and phishing attacks. These providers rely on Cloudmark's industry-best accuracy to dramatically reduce abusive e-mail, and mobile messaging traffic, which can impact operations, raise infrastructure costs and, most importantly, damage the customer experience.
2007 Company Milestones
In addition to increasing its market share in the carrier-grade messaging security market, Cloudmark reached additional significant milestones that have extended the company's market lead over its competition. These include:
- Financials: Organically grew revenue 70 percent over FY 2006.
- Market Coverage: More than 300 million mailboxes protected globally; Cloudmark is now checking more than 4 billion messages daily.
- Penetration into New Markets: Since opening its European operations in 2006, Cloudmark has achieved significant customer wins in the UK, Germany, Spain, Switzerland, Italy and the Netherlands. In addition, Cloudmark has gained several major mobile operator customers, protecting millions of mobile subscribers from SMS, MMS and mobile e-mail spam, phishing and viruses.
- Continued North American and Japanese Market Dominance: Cloudmark customers include 11 of the top 12 largest service providers in North America and 7 of the top 10 ISPs in Japan.
- First to Detect and Stop Emerging Threats: Cloudmark demonstrated superior response times in detecting rapidly-mutating viruses, such as the "World War III" virus and the "Storm Worm," as well as to new mobile threat vectors.
- Extension to Tier 2 and Tier 3 Service Provider Markets: With the Cloudmark Authority plug-in for the SpamAssassin(tm) platform, the company has extended its solution to thousands of small and mid-size service providers, including regional ISPs, independent ISPs, universities and Web hosting companies. SpamAssassin is the most widely-deployed open source spam filtering solution in the industry, covering more than 100 million mailboxes worldwide.
Cloudmark's carrier solution suite includes Cloudmark Authority(tm) and Cloudmark GatewayTM. Cloudmark Authority is a carrier-grade software solution that delivers the industry's most effective anti-spam, anti-phishing and anti-virus protection for fixed-line and mobile networks. Cloudmark Authority consistently blocks more than 98 percent of inbound and outbound messaging attacks in real time with near zero false positives. Cloudmark Gateway is a high-performance edge mail transfer agent (MTA), available in both software and appliance configurations, that integrates with Cloudmark Authority for intelligent message handling and policy enforcement at the edge of the network. Cloudmark Authority and Cloudmark Gateway free network and operational resources and deliver an immediate improvement in filtering accuracy and system efficiency.
About Cloudmark
Cloudmark protects 2 billion global subscribers daily from an explosion in messaging abuses across more operator networks than anyone else. Only Cloudmark defends the world’s largest Mobile, Fixed and Social Media Providers, including AT&T, Comcast, MySpace, NTT, Swisscom and Time Warner Cable, with scalable and accurate protection against the widest range of existing and emerging messaging threats.