From the Wires
Gazzang Capitalizes on Big Data Security, Reports Record 2012
By: Business Wire
Jan. 10, 2013 01:45 PM
Gazzang, the Linux data security company, today announced the company recently completed its strongest quarter to-date. Year-end sales for Gazzang grew more than 4x from 2011 to 2012. Also during 2012, Gazzang strengthened its big data security product portfolio, expanded its go-to-market channels, and more than doubled the average deal size compared to 2011. These milestones helped the company secure $4 million in funding in December from Austin Ventures and Silver Creek Ventures.
“Our performance during the fourth quarter and fiscal year 2012 is further proof that we’re well positioned at the confluence of the maturing big data market and the mounting data security regulations that organizations must enforce,” said Larry Warnock, president and CEO of Gazzang. “As savvy enterprises begin to adopt an ‘encrypt everything’ approach to their sensitive and regulatory data, we believe that will drive even greater demand for robust key and secure object management and access controls. These market conditions will set the stage for an exciting and successful 2013.”
2012 highlights include:
Gazzang provides Linux data security solutions and operational diagnostics that help enterprises protect sensitive information and maintain performance in cloud environments. Gazzang is backed by Austin Ventures and Silver Creek Ventures. For more information, visit www.gazzang.com.
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