STEALTHbits Financially Outperforms Its Public Competitors SailPoint and Varonis

HAWTHORNE, N.J.–(BUSINESS WIRE)–STEALTHbits Technologies, Inc., a cybersecurity software company focused
on protecting organizations’ credentials and data, today announced it
has for the eighth time in the past 10 years outperformed the “Rule of
40,” the principle that a company’s combined growth rate and profit
margin should exceed 40%. The Rule is a hugely popular venture capital
and growth equity framework for assessing a software company’s
comprehensive financial performance.

According to the widely cited Bain
& Company article
from December 20, 2018 by Thierry Depeyrot and
Simon Heap, “Consistently outperforming the Rule of 40 is difficult.” In
an analysis of “86 companies researched from 2013 to 2017, just 25%
outperformed the Rule of 40 for three or more years, and only 16%
outperformed for all five years… .” The fact that STEALTHbits reliably
surpasses the 40% mark underscores the organization’s financial strength
and puts STEALTHbits in an elite class of software companies — one that
does not include either of its public competitors.

As STEALTHbits faces off against publicly-traded competitors like
SailPoint and Varonis, it’s important for the market to be aware of
STEALTHbits’ financial strength, longevity, and trusted status in the
industry. With global deployments in many of the world’s largest, most
complex IT infrastructures, STEALTHbits’ financial accolades are
underwritten by a comprehensive portfolio of products and solutions that
continually exceed the high expectations of the most demanding
businesses in the world.

“It’s important to emphasize that financial outperformance is always
driven by a match between customers’ demands, and the breadth, depth,
and quality of a product offering,” said Vinny Smith, founder of
STEALTHbits investor Toba Capital. “As STEALTHbits outperforms its
competitors, we will maintain our tenacious focus on R&D, product
innovation, and customer success.”

ABOUT STEALTHBITS TECHNOLOGIES

STEALTHbits Technologies, Inc. is a cybersecurity software company
focused on protecting an organization’s sensitive data and the
credentials attackers use to steal that data. By removing inappropriate
data access, enforcing security policy, and detecting advanced threats,
we reduce security risk, fulfill compliance requirements, and decrease
operations expense.

Identify threats. Secure data. Reduce risk.

For more information, visit http://www.stealthbits.com,
email [email protected],
or call +1-201-447-9300.

Contacts

MEDIA CONTACT:
Dan Chmielewski
Madison Alexander PR
Office:
+1 714-832-8716
Mobile: +1 949-231-2965
[email protected]

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