10 Cybersecurity Companies Making Moves: January 2023
We’re taking a look at the cybersecurity companies that launched products and partner program updates, made key executive changes, raised funding or announced acquisitions in January.
Forescout Names New CEO, Looks To Expand MSP Push
Forescout said that it has appointed tech industry veteran Barry Mainz (pictured) as its new CEO as the device security vendor seeks to double down on its work with channel partners, particularly MSPs, executives told CRN.
Mainz succeeds Wael Mohamed, who stepped down as part of a planned transition, the company said. Mohamed served as Forescout’s CEO for two years as the company overhauled its technology platform and revenue model, switching from perpetual to recurring revenue, and focused on achieving revenue growth and profitability.
Forescout offers an automation-driven security platform focused on protecting the full range of connected devices, spanning IT, IoT, operational technology and medical devices. In an interview with CRN, Mainz pointed to a long track record of serving at channel-focused tech companies. From 2018 to 2022, Mainz was the COO of cybersecurity company Malwarebytes. Before that he was the CEO of MobileIron, which at the time was a publicly traded endpoint management and security vendor, from 2015 to 2017. Earlier, Mainz spent a decade as an executive with Wind River, ultimately as its president.
At Forescout, there’s an opportunity to achieve greater scale by working with the channel, given the fact that “there are some distribution channels that maybe we’re not leveraging 100 percent, like MSPs, MSSPs and SIs,” Mainz said.