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CounterTack CEO Predicts Consolidation, Move To Platform Play In Exploding Endpoint Security Market

CounterTack CEO Neal Creighton speaks with CRN to talk about the endpoint detection and response company's latest round of funding and what changes to expect in the endpoint security market.

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Do you expect to see a lot of consolidation in the next few months in the endpoint security market?

In the next 24 to 36 months, for sure there will be consolidation in the space. I think a lot of it will play out over the next three years. It's hard to consolidate right now because valuations are so high on a lot of the companies and expectations are so high and their revenue's not quite what those expectations should be. Then, you're also thinking that if you're sitting back you might get a higher valuation or be able to see how the market plays out a little better. I think it has to play out over the next 36 months. I think during that time frame it will be safe to say that the consolidation will happen, the smoke will clear and we will have a clear picture. I don't see it happening in the next few months.

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