Leader in SOA Security and Governance Closes Year with Double Digit Increase in Revenue, Strong Customer Demand and Expansion of Global Channel
VANCOUVER, BRITISH COLUMBIA – JANUARY 14, 2010 – Layer 7 Technologies, the leader in SOA and cloud security, today announced record revenue performance for 2009, marking the company’s fourth consecutive year of double or triple digit growth. Layer 7 closed 2009 with double digit growth over 2008, four consecutive quarters of sequential quarterly growth, 35 percent growth in customers across six continents and new VAR partner additions in North America, Latin America, Asia-Pacific, Europe, Middle East and Africa.
As organizations adopt SOA and cloud computing, concerns about security and management are becoming top of mind. Layer 7 Technologies, a long-standing leader in SOA and Web services security, is leading the way with new security and management innovations to help customers share application services across the extended enterprise and now the cloud.
“Despite the economic downturn, Layer 7 was able to attract more new customers and partners in 2009 than at any time in its history, owing to the strength of its products, team and vision,” explained Paul Rochester, CEO of Layer 7 Technologies. “We’re in a strong position to continue to accelerate growth in 2010, as SOA implementations continue to rise and more organizations embrace the cloud.”
2009 notable achievements include:
About Layer 7 Technologies
Layer 7 Technologies is the leader in SOA security and governance. Founded in 2002, Layer 7 sells the SecureSpan™ family of XML appliances that feature sophisticated runtime governance, agent-less Web services management and industry-leading XML security. Layer 7 helps organizations address their security, visibility and governance issues by enabling them to control, monitor and adapt their Web services, no matter where they originate – in the enterprise or in the cloud. For more information, visit us at www.layer7tech.com.
* Magic Quadrant for Integrated SOA Governance Technology Sets; L. Frank Kenney and Daryl C. Plummer; March 31, 2009.