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10 Hot Cybersecurity Companies You Should Watch In 2021

Many of the industry‘s most ambitious vendors will in 2021 prioritize integrating major acquisitions, executing on new partner programs and initiatives, and expanding their technical capabilities.

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Qualys moved into the endpoint detection and response market through its $1.5 million buy of Spell Security to boost the firm’s endpoint behavior detection, threat hunting and malware research skills. The company’s new Vulnerability Management, Detection and Response (VMDR) offering automates the entire process across on-premises, endpoints, cloud, mobile, containers, OT and IoT environments.

Qualys continued to expand its cloud capabilities with Container Runtime Security, which provides deep visibility and runtime app protection across traditional server-based containers and newer container-as-a-service environments. Wall Street rewarded Qualys’ investment in the endpoint and cloud by driving the company’s stock price up 14 percent in 2020 to $95.05 per share on a valuation of $3.71 billion.

These new capabilities have also made Qualys more appealing to customers, with year-over-year sales expected to grow by 13 percent in 2020 to nearly $363 million. The Foster City, Calif.-based cloud security vendor has beefed up headcount over the past year to 1,430 people to support increased client demand, with the most aggressive hiring taking place in the quality assurance and sales organizations.

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