Sectigo, a leading provider of digital identity management and web security solutions, today announced first quarter growth across all of its business units. Fueled by the debut of the new Sectigo Web Security Platform, enterprise sales grew almost 25% year-over-year (YoY), retail grew almost 15% YoY and channel grew 5% YoY.
Demand for PKI-based Secure Remote Access, Automated Certificate Lifecycle Solutions, Document Signing and Industry-First Multi-Layered Web Security Products Fuel Company Momentum
ROSELAND, N.J. – April 28, 2020 – Sectigo, a leading provider of digital identity management and web security solutions, today announced first quarter growth across all of its business units. Fueled by the debut of the new Sectigo Web Security Platform, enterprise sales grew almost 25% year-over-year (YoY), retail grew almost 15% YoY and channel grew 5% YoY. Sectigo also rounded out the quarter with several product and workplace awards, as well as R&D and sales team expansions to deliver on an aggressive roadmap of automated public and private PKI innovations.
As a result of stay-at-home orders and travel restrictions across the world, Sectigo realized an uptick in sales stemming from the need for businesses to ensure that remote work connections are authenticated and secure. The company also saw increased revenues from enterprises seeking to automate certificate renewal and discovery to bolster their business continuity plans. These additional sales drivers align with data from 451 Research's “Coronavirus Flash Survey,” in which respondents indicated that they expect to increase spending in several cloud information security areas, including “identity management, authorization, and access control tools” (39%), as well as “encryption/key management” (26%).
“Even before this pandemic, businesses were realizing the important role digital identities play in the modern enterprise. PKI is the gold standard for ensuring secure identities for all users, devices, and applications,” said Bill Holtz, CEO, Sectigo. “With the workforce adopting the ‘new norm’ of having remote-based environments, we have seen unprecedented demand for our solutions.”
Sectigo highlights in Q1 2020 include:
In Q2, Sectigo will release advanced features to accelerate website performance, including a global Content Delivery Network (CDN) and Domain Name System (DNS), as well as a Web Application Firewall (WAF).
About Sectigo
Sectigo is a leading cybersecurity provider of digital identity solutions, including TLS / SSL certificates, DevOps, IoT, and enterprise-grade PKI management, as well as multi-layered web security. As the world's largest commercial Certificate Authority with more than 700,000 customers and over 20 years of experience in online trust, Sectigo partners with organizations of all sizes to deliver automated public and private PKI solutions for securing webservers, user access, connected devices, and applications. Recognized for its award-winning innovation and best-in-class global customer support, Sectigo has the proven performance needed to secure the digital landscape of today and tomorrow. For more information, visit www.sectigo.com and follow @SectigoHQ.