SAN FRANCISCO–(BUSINESS WIRE)–Vade Retro, a privately-held, global leader in Anti-phishing solutions,
announced today a record growth of revenue in 2015 supporting more than
250 million email accounts around the world exceeding a 67% year over
year growth. These companies rely on Vade Retro’s protection
software for anti-phishing, anti-spear phishing, anti-malware
anti-spam and intelligent email classification.
A strong growth on all strategic fronts of development especially on
international scale:
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Vade Retro continued its international expansion especially into
American and Asian markets where it opened its first offices in 2014
and 2015 (San Francisco in 2014 followed by Hong Kong and Tokyo in
2015 respectively). Vade Retro achieved a significant growth in
international revenue that reached 78%. -
A growing success on corporate markets and large accounts: Vade Retro
signed over 600 new customers in 2015 thus reaching a total
around 3000 customers worldwide. -
The legacy business of ISPs and OEMs turned out to be a major
area of development where sales increased by over 55% in 2015.
Key wins and partners signed in 2015:
Cisco Systems integrated Vade Retro’s complete anti-spam filter,
anti-phishing, anti-malware and graymail management (detecting and
classifying non-priority (bulk) emails unsubscribing) in its anti-spam
ESA 9.5 appliance.
Dreamhost, a Los Angeles based hosting company, is about to
completely reorganize its webmail by integrating Vade Retro’s email
security suite and Graymail management with the intent of empowering
their email users while maintaining the highest level of security.
Rediff.com the free webmail from India handling more than 25
million accounts chose Vade Retro as its filtering engine.
Broadband Security (Japan) moved its entire corporate customer
mail accounts onto the full Vade Retro Cloud solution hosted in their
own data center.
CEO of Vade Retro Georges Lotigier announced: “the
strategy of development initiated by Vade Retro in 2014 started bearing
fruit extremely quickly. Our physical presence on high potential
markets, whether they be the US, Japan or even India; and of course the
advancement of our technology and our capacity for innovation, allowed
us to sign important contracts with major actors in the “email
ecosystem”, such as Cisco for instance.”
Advanced and efficient technology by Vade Retro is taking on the
increasing threat of phishing and spear phishing
As mentioned Gartner1, 65% of cyber attacks
start by a phishing email. The threat of phishing and spear phishing
through email is a growing problem for companies: data loss, reputation,
etc. This results in attacks attempting to steal sensitive information,
sending of fake documents and/or links, or malware infection which will
infiltrate companies’ networks. In the face of this high increase in
attacks, Vade Retro offers the most advanced solutions of protection for
anti-phishing and anti-spear phishing allowing to efficiently prevent
these attacks. Vade Retro launched the most comprehensive anti-phishing
program in 2015, from the detection of the email to the takedown of the
malicious webpage.
Vade Retro patented two technologies against the phishing threat.
The “Time-of-Click” explores webpages in real time, at the time
of click of the users in order to prevent the safety of the webpage and
that no matter the environment (smartphone, webmail, software…). Also
patented, the “Identity Match” detects when a hacker mimics the
message of a trusted source by studying the trusted sender to detect
small variations in their day to day communications.
Growing success in Ecosystem Integration
Vade Retro continues to integrate itself in the “email ecosystem” in
order to guarantee a reliable service in all aspects of email reading
and to provide the most comprehensive anti-phishing solution. Webmail
software vendors are key players in the ecosystem who are primed to gain
significant market shares: Vade Retro is on the verge of finishing the
plugin for OpenXchange and will continue to develop on other platforms.
The plugins for Zimbra (Zimlet), Bluemind and Atmail are already
available.
Vade Retro will continue its growth during 2016 followed by an increase
in its worldwide headcount, from RD to sales and foresees an
acceleration of the growth thanks to several new opportunities. Within
its domestic market, new customers and opportunities are expected in the
medium and large enterprises who need more efficient anti-phishing and
anti-spear phishing solutions. In Europe and in the new promising
markets of the United States and Asia-Pac, Vade Retros sees an increase
in the number of partners and direct sales opportunities.
CEO of Vade Retro Georges Lotigier: “We even predict an increase
in growth rates for 2016 because of signed contracts of 2015, but also
because of the new acquisitions in the market towards big accounts who
increasingly seek us out to improve their security against increasing
well crafted phishing.”
About Vade Retro
Our mission is to keep email safe and convenient. Vade Retro Technology
protects inboxes against phishing, malware, and spam while also managing
low-priority emails. Independent of the language, our filter analyzes
individual emails and the attachments in order to detect all threats
including targeted attacks in zero day. The result is that your users
have a secure and organized inbox. Vade Retro solutions are already
protecting over 250 million email inboxes in 76 countries. Vade Retro is
a global company with 5 international offices (San Francisco, Montréal,
Hem, Hong Kong and Tokyo).
For more information on Vade-Retro, please visit http://www.vade-retro.com/en/
1 Email Security Gateway – Magic Quadrant July 2015