Votiro Keeps Up the Momentum in 2024

On the heels of our launch of a unified, Zero Trust Data Detection & Response (DDR) platform, we’re happy to report significant company growth and continued market momentum just five months into 2024.

This growth has been demonstrated by notable customer expansion, product advancements, and industry recognition, highlighted by the launch of the industry’s first Zero Trust DDR solution, which unifies real-time threat prevention and data privacy mitigation in a single, cost-effective platform.

Why We’ve Evolved Beyond CDR

Our recent product advancements, which include real-time data masking for sensitive information such as PII, PHI, and PCI, were driven by market feedback that underscored the criticality of adopting artificial intelligence and maintaining an always-compliant posture – which has proven to be difficult in an era where unstructured data exposures and threat-borne risks run rampant. While threat prevention via our patented Content Disarm & Reconstruction (CDR) technology remains a core component to keeping organizations safe, it’s just one side of the data security coin that demands private data protection.

Votiro DDR brings real-time monitoring, cyber threat prevention, and automated mitigation for continuous compliance for mid-sized enterprises.

Growth by the Numbers

Our commitment to our valued customers and strong Partner network is evidenced by our Net Revenue Retention rate of 138%, doubling our year-over-year Annual Recurring Revenue (ARR), and an increase in Total Bookings by 206%. With the launch of the DDR platform, we expect to continue our upward growth trajectory as more and more businesses adapt to the ever-evolving threat to data security in the modern digital ecosystem.

“We’ve spent a lot of time engaging with global customers and regional partners to address the data security gaps in the mid-sized enterprises and support safe and compliant use of Gen AI adoption within large enterprises. Along with the need to address common inefficiencies with rapid Microsoft Security platform deployments, Votiro alleviates these common challenges. We expanded our executive team, business partner network and unique technological capabilities, laying the foundation for continued product innovation and GTM expansion,” said Ravi Srinivasan, CEO at Votiro.

A Look Back at 2023

In 2023, in our mission to create a best-in-class cybersecurity solution, we made key appointments to our executive team, including the addition of Kathleen Urbanic as VP of Global Marketing, Eric Avigdor as VP of Product Management, and Alex Gomez as VP Sales, NA & EU. Under their leadership, Votiro has accelerated its technology and business partner programs, established relationships with critical distributors and resellers, and continues to forge impactful technical integrations.

Last year, we also unveiled a revamped partner program, the Votiro Accelerate Partner Program, and launched the Votiro MSP Dashboard, which has been a critical step in improving the business partner experience. Some notable partnerships established include Softprom, SumoLogic, and FileCloud. Furthermore, addressing the needs of the market, we’ve expanding our integration with Microsoft, extending protections to Microsoft Teams, OneDrive, and other channels within the Microsoft O365 suite.

Looking Ahead

“We’ve got a lot more to share in the coming months, with new technological integrations and platform capabilities in the works and key new customer wins. We are a team on a mission to safeguard unstructured data anywhere it is used, and it’s been so rewarding to watch it come to life.”

Just this month, we’re proud to have been named Market Leader in Data Security by Cyber Defense Magazine (CDM) in their 2024 Global InfoSec Awards. This recognition is a further confirmation of our strategic entry into Data Security via our DDR platform. CDM also award Votiro as Most Innovative in Cybersecurity Analytics and Best Product in CDR – which are each intrinsic features that make Votiro a comprehensive cybersecurity solution.

We are also proud to have been named a Silver Winner in both the Content Disarm Reconstruction and Email Security & Management categories for the 2024 Globee Awards, as well as our listing in the CRN Partner Program Guide, highlighting new features in our expanded partner program.

To learn more about Votiro and why we continue to be the solution for highly regulated industries looking to protect themselves from privacy risks and hidden threats, contact us today for a platform demo. You can also skip right to a free 30-day trial of Votiro to see the difference we can make today.

You can read the press release on Votiro’s momentum in 2024 here.