SAN FRANCISCO--(BUSINESS WIRE)--Vade Retro, a privately-held, global leader in Anti-phishing solutions, announced today a record growth of revenue in 2015 supporting more than 250 million email accounts around the world exceeding a 67% year over year growth. These companies rely on Vade Retro’s protection software for anti-phishing, anti-spear phishing, anti-malware & anti-spam and intelligent email classification.
A strong growth on all strategic fronts of development especially on international scale:
- Vade Retro continued its international expansion especially into American and Asian markets where it opened its first offices in 2014 and 2015 (San Francisco in 2014 followed by Hong Kong and Tokyo in 2015 respectively). Vade Retro achieved a significant growth in international revenue that reached 78%.
- A growing success on corporate markets and large accounts: Vade Retro signed over 600 new customers in 2015 thus reaching a total around 3000 customers worldwide.
- The legacy business of ISPs and OEMs turned out to be a major area of development where sales increased by over 55% in 2015.
Key wins and partners signed in 2015:
Cisco Systems integrated Vade Retro's complete anti-spam filter, anti-phishing, anti-malware and graymail management (detecting and classifying non-priority (bulk) emails & unsubscribing) in its anti-spam ESA 9.5 appliance.
Dreamhost, a Los Angeles based hosting company, is about to completely reorganize its webmail by integrating Vade Retro’s email security suite and Graymail management with the intent of empowering their email users while maintaining the highest level of security.
Rediff.com the free webmail from India handling more than 25 million accounts chose Vade Retro as its filtering engine.
Broadband Security (Japan) moved its entire corporate customer mail accounts onto the full Vade Retro Cloud solution hosted in their own data center.
CEO of Vade Retro Georges Lotigier announced: “the strategy of development initiated by Vade Retro in 2014 started bearing fruit extremely quickly. Our physical presence on high potential markets, whether they be the US, Japan or even India; and of course the advancement of our technology and our capacity for innovation, allowed us to sign important contracts with major actors in the “email ecosystem”, such as Cisco for instance.”
Advanced and efficient technology by Vade Retro is taking on the increasing threat of phishing and spear phishing
As mentioned Gartner1, 65% of cyber attacks start by a phishing email. The threat of phishing and spear phishing through email is a growing problem for companies: data loss, reputation, etc. This results in attacks attempting to steal sensitive information, sending of fake documents and/or links, or malware infection which will infiltrate companies’ networks. In the face of this high increase in attacks, Vade Retro offers the most advanced solutions of protection for anti-phishing and anti-spear phishing allowing to efficiently prevent these attacks. Vade Retro launched the most comprehensive anti-phishing program in 2015, from the detection of the email to the takedown of the malicious webpage.
Vade Retro patented two technologies against the phishing threat. The “Time-of-Click” explores webpages in real time, at the time of click of the users in order to prevent the safety of the webpage and that no matter the environment (smartphone, webmail, software…). Also patented, the “Identity Match” detects when a hacker mimics the message of a trusted source by studying the trusted sender to detect small variations in their day to day communications.
Growing success in Ecosystem Integration
Vade Retro continues to integrate itself in the “email ecosystem” in order to guarantee a reliable service in all aspects of email reading and to provide the most comprehensive anti-phishing solution. Webmail software vendors are key players in the ecosystem who are primed to gain significant market shares: Vade Retro is on the verge of finishing the plugin for OpenXchange and will continue to develop on other platforms. The plugins for Zimbra (Zimlet), Bluemind and Atmail are already available.
Vade Retro will continue its growth during 2016 followed by an increase in its worldwide headcount, from R&D to sales and foresees an acceleration of the growth thanks to several new opportunities. Within its domestic market, new customers and opportunities are expected in the medium and large enterprises who need more efficient anti-phishing and anti-spear phishing solutions. In Europe and in the new promising markets of the United States and Asia-Pac, Vade Retros sees an increase in the number of partners and direct sales opportunities.
CEO of Vade Retro Georges Lotigier: "We even predict an increase in growth rates for 2016 because of signed contracts of 2015, but also because of the new acquisitions in the market towards big accounts who increasingly seek us out to improve their security against increasing well crafted phishing."
About Vade Retro
Our mission is to keep email safe and convenient. Vade Retro Technology protects inboxes against phishing, malware, and spam while also managing low-priority emails. Independent of the language, our filter analyzes individual emails and the attachments in order to detect all threats including targeted attacks in zero day. The result is that your users have a secure and organized inbox. Vade Retro solutions are already protecting over 250 million email inboxes in 76 countries. Vade Retro is a global company with 5 international offices (San Francisco, Montréal, Hem, Hong Kong and Tokyo).
For more information on Vade-Retro, please visit http://www.vade-retro.com/en/
1 Email Security Gateway – Magic Quadrant July 2015