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Menlo Security Named a Visionary in Gartner’s 2020 Magic Quadrant for Secure Web Gateways

Cloud security leader recognized based on their ability to execute and completeness of vision

Mountain View, CA - December 15, 2020—Menlo Security,the only isolation-powered cloud security platform, today announced that it has been named a Visionary in the 2020 Gartner Magic Quadrant for Secure Web Gateways (SWG) for the third consecutive year.

 The new model of remote work and migration from on-premises web security to cloud-delivered security is forcing organizations to completely re-architect their security to combat modern-day threats such as phishing and ransomware. According to Gartner, “Instead of the security perimeter being entombed in a box at the data center edge, the perimeter is now everywhere an enterprise needs it to be — a dynamically created, policy-based secure access service edge.”—“The Future of Network Security Is in the Cloud”—Published 30 August 2019 - ID G00441737.

Menlo distinguishes itself from competitors by challenging the traditional approach to protecting against web-based threats with its patented isolation technology, which ensures that customers can enforce the highest security irrespective of where their users are located or what device they are using to work with and access the Internet. Menlo’s unique architecture is inherently capable of meeting the dynamic elastic scale needed to support changing traffic patterns for its customers worldwide. This proven approach supports “security first” customers and isolates all users and traffic anywhere in the world.

Menlo has many large-scale, global enterprise and government deployments and is a good choice for enterprises with a high priority on security. One of these deployments is an award with partner By Light Professional IT Services LLC for a $198.9M, five-year production Other Transaction Agreement (OTA) by the Defense Information Systems Agency (DISA) for the Cloud-Based Internet Isolation (CBII) program to protect 3.5 million U.S. Department of Defense users worldwide.

Traditional legacy prevention approaches fail to provide the safety that users and businesses require. Menlo Security’s mission is to enable the world to connect, communicate and collaborate securely without compromise. To aid in this mission, the company recently announced $100M in Series E funding to continue to expand its extensible security platform to deliver cloud security capabilities like SWG, cloud access security broker (CASB) and Private Access. The Menlo Cloud Security Platform further provides unique visibility into browser interactions and web traffic patterns to reveal security blind spots and notify security teams of potential breaches with actionable alerts.

"We have experienced significant growth over this past year — with 155 percent new ARR growth — providing validation of our unique approach, which is fundamentally different from that of our competitors, "said Kowsik Guruswamy, CTO of Menlo Security. “We believe this momentum is a clear testament to our unique Isolation Core™ platform that is empowering organizations with the essential Internet security they need to outsmart threats and protect productivity.”

A complimentary copy of the 2020 Gartner Magic Quadrant for Secure Web Gateways report is available here

Additional Resources:

For more details, visit: https://www.menlosecurity.com/

 

Gartner Disclaimer:

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 or other designation. 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. 

 

About Menlo Security

Menlo Security, Inc. delivers security without compromise and helps enterprises achieve digital transformation to leverage the full benefits of the cloud. Its solutions are built on the world’s first and only Isolation Core™ and delivers 100 percent protection against web and email threats.  Headquartered in Mountain View, CA, Menlo Security is trusted by eight of the ten largest banks in the world, critical infrastructure, and large government agencies.  It is backed by General Catalyst, Sutter Hill Ventures, Engineering Capital, Osage University Partners, American Express Ventures, Ericsson Ventures, HSBC, and JP Morgan Chase.

For more information, visit https://www.menlosecurity.com or ask@menlosecurity.com

 

Media Contact:

Lexie Janney
Merritt Group for Menlo Security
703.390.1531
janney@merrittgrp.com

 

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