RazorBlock exceeds 52 percent year-over-year increase in revenue

 
PALO ALTO, Calif. - Sept. 7, 2019 - PRLog -- RazorBlock, the leading provider of cloud SIEM solutions, exceeds 52 percent year-over-year increase in revenue.

A strong finish to Q2 2019, RazorBlock reports a quarter-over-quarter revenue increase of 47 percent and a 52 percent year-over-year increase. The company's rapid growth is a reflection of the increasing demand for a solution that satisfies all critical areas of IT security, spanning detection, prevention, and response capabilities—a quality unique to our SIEM+ platform.

RazorBlock's cloud-based security technology simplifies SIEM deployment across enterprises large and small, and allows organizations to detect and prioritize threats as they happen. In the first half of 2019 alone the number of reported breaches have increased by 54% compared to the same period last year, with 89% of those breaches being from external threats. This trend clearly demonstrates the need for organizations to deploy more advanced security tools to protect their organizations.

Though IT departments are spending more on IT security, resources can still be scarce, especially around personnel and expertise. RazorBlock SIEM+ allows organizations to meet compliance (such as PCI, HIPAA and ISO 27001) and security goals with minimal resources, at a budget-friendly price point for organizations of all sizes.

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About RazorBlock Inc.
RazorBlock, the maker of SIEM+, is a leader in complete coverage cloud security, giving customers the power to collect and analyze data organization-wide, simplifying compliance, increasing visibility, and providing alerts based on multiple threat feeds and correlation rules.

For more information, visit us at https://www.razorblock.com

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Tags:Cybersecurity
Industry:Technology
Location:Palo Alto - California - United States
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