Market Overview

Zimperium Finishes First Six Months of 2018 with Record Growth, New Strategic Partnerships and Numerous Product Innovations

Share:

Company Continues to Lead Mobile Threat Defense Market with Triple
Digit Growth and Product Dominance

Zimperium,
the global leader in mobile threat defense (MTD), finished the first
half of 2018 on a continued high-growth trend. Fueled by triple-digit
increases, the company is growing significantly faster than the market,
and continuing to take share from competitors. Zimperium's strong
performance parallels the accelerating demand for mobile device security
and MTD solutions. In fact, the mobile device security market is poised
to reach several billion dollars by 2022.

As more companies, especially those in the public sector, financial and
healthcare industries, move toward a mobile-centric approach, there is
an increased need to protect the sensitive information that lives on
mobile devices. Zimperium's on-device, machine learning-based detection
protects mobile devices and data at machine speed, without the delays
and limitations of cloud-based detection. The company's patented machine
learning technology has detected every mobile exploit over the last five
years, on-device and without requiring updates.

"MTD solutions protect mobile devices against a wide array of mobile
threats through application scanning and risk management, network
protection, behavioral anomaly detection and vulnerability management,"
according to Patrick Hevesi and Michael Isbitski, research directors, Gartner
for Technical Professionals1.

1H 2018 Business Highlights Include:

Corporate Successes

  • Increased enterprise bookings by more than 300 percent
  • Continued to deliver a 95+ percent renewal rate
  • Signed OEM partnership with market-leading endpoint security vendor
  • Closed large, multi-year partnership with a major US city to offer
    mobile security to all residents
  • Closed multi-year, multi-million endpoint global banking opportunity
    with unparalleled zIAP
    SDK
    to protect internal applications and consumer-facing online
    banking applications
  • Significant traction with MobileIron's Mobile Threat Defense solution
    as an integrated OEM agent with over 100 percent quarter over quarter
    growth

Awards and Recognition

Product Innovations

  • Launched new Zimperium capabilities which included
    • Anti-phishing Protection
    • Domain-based Remediation
    • BlueBorne Vulnerability Detection
    • Multiple EMM Support and Management from our single Console
    • Group-Based Policies
    • Capable of operating in any cloud or on-premises
  • Exceeded half a billion security events per day
  • Integrated GDPR reporting and management functionality

zLabs Research Advancements

  • Over 70 million threats recorded
  • 300,000 OS threats
  • 29,000 Man in the Middle (MITM) threats
  • 25,000 Rogue access points
  • 20,000 rooted/jailbroken devices
  • 64,000 iOS profiles (a very dangerous threat that results in
    escalation of privileges)
  • Numerous examples of our z9 engine uniquely detecting malware
    including a repackaged version of Temple Run 2 and AdWare Droppers

"The success we've seen in the first half of 2018 demonstrates our
commitment to solving our customers' mobile device security problems,"
said Shridhar Mittal, chief executive officer, Zimperium. "The momentum
we are seeing in our business is unprecedented as organizations quickly
pivot from questioning if there is a threat to how quickly can they
protect themselves against this latest and mostly unprotected
organizational entry point to steal valuable information."

About Zimperium®

Zimperium, the global leader in mobile security, offers real-time,
on-device protection against Android and iOS threats. The Zimperium
platform leverages our award-winning machine learning-based engine, z9,
to protect mobile data, apps and sessions against device compromises,
network attacks and malicious apps. To date, z9 has detected 100% of
zero-day mobile exploits without requiring an update or suffering from
the delays and limitations of cloud-based detection—something no other
mobile security provider can claim. Headquartered in San Francisco,
Zimperium is backed by Sierra Ventures, Samsung, Telstra, Warburg Pincus
and SoftBank. Learn more at www.zimperium.com
or our official blog at https://blog.zimperium.com.

Zimperium, the Zimperium name, and logo, Powered by Zimperium, zIPS,
zIAP and z9 are registered trademarks or trademarks of Zimperium, Inc.
in the US and other countries.

For more information, contact Zimperium.

1 Gartner, Comparison of Mobile Threat Defense Solutions, 20
July 2018

View Comments and Join the Discussion!