The 10 Fastest Growing Cybersecurity Companies Right Now

Surging In Security

Cybersecurity is one of the fastest growing, if not the fastest growing, area of IT right now. With that comes an incredible opportunity for growth for vendor startups and solution providers alike. This year's INC 5000 list recognized the companies that are making the most of that opportunity, with growth rates up to 7,613 percent over the past three years. What's exciting for the channel is that nearly half of the top ten fastest growing companies in the market were solution providers, showing the opportunity is ripe for partners to capitalize on cybersecurity. Take a look at who made the list.

10. PhishMe

CEO: Rohyt Belani

Phishing remains one of the most commonly used ways for a hacker to penetrate an organization, driven by continued user failures to spot a phishing attack. That's a problem that PhishMe is looking to solve with it's a portfolio of anti-phishing solutions, including simulators, education, threat intelligence and managed services. PhishMe has seen incredible growth for its solutions, landing $42.5 million in Series C funding in July and growing 564 percent over the past three years. The Leesburg, Va.-based company had $18.6 million in revenue in 2015 and landed at No. 700 overall on the INC 5000.

9. Malwarebytes

CEO: Marcin Kleczynski

Malwarebytes saw 603 percent growth over the last three years, with revenue in 2015 of $69.3 million. Malwarebytes was ranked No. 647 overall on the INC 5000. Based in Santa Clara, Calif., the company has been on a fast trajectory since it launched its malware prevention and remediation solutions in 2008. Malwarebytes is well-known in the consumer market, but has been working to move into the enterprise space with a growing channel model. It landed $50 million in Series B funding in January to help continue that growth.

8. CloudLock

CEO: Gil Zimmermann

Launched in 2011, CloudLock is part of the rapidly growing market for cloud access security brokers. Based in Waltham, Mass., CloudLock ranked as No. 582 overall on the INC 5000 and No. 9 in cybersecurity companies, with 665 percent growth over the last three years and $13.2 million in revenue in 2015. The cloud security startup was picked up by Cisco this year for $293 million, as part of the networking giant's push into the security market.

7. CynergisTek

CEO: Mac McMillan

Healthcare remains one of the most targeted verticals in the market by hackers because of the valuable personal records held by healthcare companies and organizations, and because it remains largely behind the curve when it comes to adopting security technologies. CynergisTek, an Austin, Tex.-based information security and privacy consulting firm, is looking to change that, offering a portfolio of regulatory, risk management, compliance, security and managed services offerings to healthcare clients. The solution provider grew 746 percent over the past three years, with revenues of $22.4 million in 2015. The company was ranked No. 512 overall on the INC 5000.

6. Lynx Technology Partners

CEO: Rich Hlavka

Lynx Technology Partners, based in New York City, focuses on highly regulated clients, offering them solutions and services for security, risk management, and compliance. Founded in 2009, the solution provider grew 773 percent over the past three years with revenues of $11.9 million in 2015. The company was ranked No. 492 overall on the INC 5000.

5. DirectDefense

CEO: Jim Broome

DirectDefense, based in Englewood, Co., offers security assessment services and penetration testing for networks, platforms and applications. The company also offers training and strategic services. DirectDefense has been on an incredible growth trajectory since it launched in 2012, growing 1,121 percent over the past three years and landing at No. 341 on the INC 5000. It had $3.6 million in revenue in 2015.

4. GuidePoint Security

Founder and Managing Partner: Michael Volk

GuidePoint Security was the fastest growing security solution provider on the INC 5000, with 1,276 percent growth over the past three years. The Herndon, Va.-based company had revenues of $111.1 million in 2015. GuidePoint, No. 192 on the 2016 CRN SP500 list, is well known in the security industry, partnering with most of the major security vendors and leading the way when it comes to security solutions and services for the commercial and federal sectors. It was ranked No. 308 overall on the INC 5000.

3. Crowdstrike

CEO: George Kurtz

Crowdstrike is one of the hottest companies in the next-generation endpoint security market, with its Falcon platforms for next-gen antivirus, EDR, threat intelligence and DNS managed services. The Irvine, Calif.-based company has seen astronomical growth in the past three years, jumping 2,429 percent and recording $27.3 million in revenue in 2015. The endpoint security startup landed $100 million in Series C funding in July 2015, funding it said it would put, in part, towards ’aggressively’ growing its channel program. It landed at No. 144 overall on the INC 5000.

2. KnowBe4

CEO: Stu Sjouwerman

Insider threats are one of the biggest issues facing the security industry today. While some of the threats are from malicious insiders, many of the recent breaches and security threats have been due to targeted phishing attacks that could have been prevented with more user education. That's a market where KnowBe4 is making a mark, with a solution for security awareness training and a simulated phishing platform for on-going user education. The Clearwater, Fla.-based company has growth 2,528 percent over the last three years, with $6.8 million in sales in 2015. It landed at No. 139 overall on the INC 5000.

1. Cylance

CEO: Stuart McClure

The fastest growing private cybersecurity company in the market this year was Cylance, which saw 7,613 percent growth over the past three years. Cylance offers a system, certified as an anti-virus offering, that does away with the signature-based technology used by traditional endpoint security vendors and uses mathematics and algorithms to pick out suspect behavior. The next-generation endpoint security company had $11.1 million in revenue in 2015 and has seen growing traction with partners. Cylance also landed $100 million in Series D funding in June. It was ranked as No. 26 overall on the INC 5000.