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CAMBRIDGE, ONTARIO – November 10, 2017 – eSentire, Inc., the largest pure-play Managed Detection and Response (MDR) provider, today announced it was named one of Canada’s fastest growing technology companies in the 20th annual Deloitte Technology Fast 50™ awards for the third consecutive year. Demonstrating bold innovation, dedicated leadership, and strong growth, eSentire ranked #39, with 532% revenue growth from 2013 to 2016. While accelerating its growth eSentire remains committed to its industry-leading service promise.
The Deloitte Technology Fast 50 program celebrates the world-class achievements and the tremendous evolution of the Canadian technology sector. Combining technological innovation, entrepreneurship, and rapid growth, Technology Fast 50 companies—small, large, public, and private—span a variety of industry sectors and are leaders in hardware, software, telecom, digital media, and emerging areas, such as clean technology.
“New technologies have disrupted various industries in ways that were unimaginable a few years ago,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50 program at Deloitte Canada. “Fast 50 winners have led the way and I can’t wait to see where they take us next.”
2017 Performance Highlights
Over the past year, eSentire reported strong growth across sales, client acquisition, and customer expansion. Its flagship service, eSentire Managed Detection and Response™ (eSentire MDR) is currently deployed at more than 1,500 sites globally, across numerous industry verticals including legal, finance, manufacturing, healthcare, and many others. eSentire MDR leverages purpose-built technology, and highly trained security analysts to detect, investigate and rapidly resolve cyber threats in customers’ internal and cloud environments before they become business-impacting events.
In August of this year, eSentire announced a sizeable growth equity investment from global private equity firm Warburg Pincus. eSentire will use the investment to accelerate its growth by expanding its technology services to existing clients, as well as allow the company to help more organizations in new markets mitigate the risks associated with cyber attacks.
Additional highlights include:
“Our ranking on the Deloitte Technology Fast 50 list for the third consecutive year, proving our stronghold in the cybersecurity space, and our unwavering commitment to developing industry-leading technologies and exceptional service delivery,” said J.Paul Haynes, eSentire CEO. “Our leadership position in the MDR space, combined with our recent growth equity investment from Warburg Pincus, will allow us to further propel our growth trajectory while continuing to expand and serve the midmarket’s cybersecurity demand and needs. We are honored to be recognized on this prestigious list once again.”
Technology Fast 50 companies are making a difference in Canada’s technology community and demonstrate revenue growth, technological innovation, and entrepreneurial spirit. Companies are evaluated based on competitive advantage, size, growth, and market attractiveness, management effectiveness and organization, and financial performance.
About the Deloitte Technology Fast 50TM
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation, and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, CBRE, OMERS Ventures, and Wellington Financial. For further information, visit www.fast50.ca.
About eSentire:
eSentire® is the largest pure-play Managed Detection and Response (MDR) service provider, keeping organizations safe from constantly evolving cyber attacks that technology alone cannot prevent. Its 24x7 Security Operations Center (SOC), staffed by elite security analysts, hunts, investigates and responds in real-time to known and unknown threats before they become business disrupting events. Protecting more than $5.7 trillion AUM in the financial sector alone, eSentire absorbs the complexity of cybersecurity, delivering enterprise-grade protection and the ability to comply with growing regulatory requirements. For more information, visit www.esentire.com and follow @eSentire.
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