Cylance Loses Worldwide Head Of Sales To Endpoint Competitor SentinelOne
SentinelOne has landed one of its competitor's top executives, stealing away Cylance head of worldwide sales Nicholas Warner as its new chief revenue officer.
Warner announced the change on his LinkedIn profile, saying he started at the company this month. Warner had previously served as senior vice president of worldwide sales at Cylance, a position he had held since April, 2014.
Prior to joining Cylance, Warner held top sales roles at Intel Security (now McAfee) and Websense.
Cylance Senior Vice President of Marketing Shaun Walsh in a statement to CRN said the company has appointed former Websense Senior Vice President of Americas John Giacomini as the company's new executive vice president of worldwide sales. Giacomini left Websense earlier this year after its merger with Forcepoint.
"Nick Warner was a significant contributor to the growth of Cylance. He has left to pursue other opportunities and we wish him the very best in his future endeavors," Walsh said.
SentinelOne did not respond to CRN requests to comment. CRN also reached out to Warner directly, but has not heard back.
Warner's appointment is the latest in a series of executive wins for SentinelOne, which offers next-generation endpoint protection security technology. Most recently, the company in March appointed former Proofpoint executive Dee Dee Acquista as head of worldwide channels, former Malwarebytes CMO Rebecca Kline as CMO in April, and former SnapLogic CFO Bob Parker as CFO in April.
Warner's departure also marks the latest in a series of executive departures from Cylance, which offers competitive next-generation endpoint protection security technology to SentinelOne. Cylance CTO Glenn Chisholm, one of the company's earliest employees, left the company in February. He has since announced the founding of a new security startup Obsidian Security.
CRN also reported in April that Cylance had seen a round of layoffs, which primarily affected the company's sales and marketing departments.
The executive transition marks the latest competitive event in the next-generation endpoint security market, which has seen an influx of new funding, startups, and new technology.
Cylance was the fastest-growing private cybersecurity company in 2015, according to the 2016 Inc. 5000, with $11.1 million in revenue in 2015 and a 7,613 percent three-year growth rate. The company has also landed a huge amount of venture capital funding, including $100 million in Series D funding in June, one of the largest by any security company last year.
SentinelOne has also seen its share of high growth and funding. The company most recently raised $70 million in funding in January, a round that included funding from Redpoint Ventures and Sound Ventures (founded by Ashton Kutcher and Guy Oseary). SentinelOne has raised $110 million in funding to date.