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Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously ‘Unprotectable’ Ones

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Following 100%+ year-over-year revenue growth, with 100+ customers added quarterly, including multiple Fortune 50 companies, Silverfort announces Series D funding, led by Brighton Park Capital
TEL AVIV, Israel and BOSTON, Jan. 23, 2024 /PRNewswire/ — Silverfort, the leading identity protection company, today celebrates raising $116M in series D funding, bringing the total amount raised to $222M. Brighton Park Capital (BPC) led the round, with participation from existing investors including Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners and Singtel Innov8. Mike Gregoire, founding Partner at BPC and former CEO of CA Technologies and Taleo, will join Silverfort’s Board of Directors as the company scales and continues its journey to transform and lead the identity security market.

100%+ Year-Over-Year Growth, At ScaleThe investment follows another record year of more than 100% growth where Silverfort added tens of millions in new Annual Recurring Revenue (ARR), and hundreds of new enterprise customers, including the largest global financial services, manufacturing and retail companies. Ranked as the #1 Best Startup Company to Work For in Israel for the second consecutive year, Silverfort intends to grow its global team, already located across more than 15 countries, and will use the additional funds to expand its platform with new innovative product modules and accelerate its go-to-market strategy with an emphasis on channel partnerships.
Identity Is Every Attacker’s Weapon of Choice – And There’s a ReasonCompromised identities and credentials are the #1 tactic for cyber threat actors and ransomware campaigns to not only break into organizational networks, but to spread inside networks. A core reason identity is the most vulnerable element in the enterprise attack surface, is the market misperception that Identity and Access Management (IAM) providers—who are in charge of managing identities—are capable of securing identities. In reality, they are not in a position to secure identity effectively, due to two major limitations:
The migration to hybrid and multi-cloud environments resulted in fragmented, complex enterprise environments: 92% of companies are forced to use a combination of cloud-native and on-prem identity solutions, often from multiple vendors. Each of these solutions operates as a ‘silo’, with its own local security controls, without understanding the broader context of the user’s activity and without any consistent enforcement across the organization.  Many critical resources found at every company cannot be protected by IAM and identity security solutions. Resources such as command-line interfaces (used in most data breaches), legacy systems, service accounts (non-human identities), file shares and databases, IT/OT infrastructure, amongst others, are regularly used by attackers as the easiest way to access sensitive networks and avoid the existing security controls.Where No Identity Security Platform Has Gone BeforeSilverfort spent years purposely designing its platform to eliminate the silos and blind spots that identity security suffered from for many years, which no other solution has managed to address so far. The platform extends modern identity security measures to every enterprise resource, on-prem and in the cloud, including systems that no other solution can protect, in an effortless and instant manner. It enables Multi-Factor Authentication (MFA), Identity Threat Detection and Response (ITDR), Identity Security Posture Management (ISPM), and real-time protection for privileged users and service accounts —an attacker’s prime target. By enabling these modern identity security controls holistically, even for previously unprotectable assets, customers are able to stop identity-based attacks everywhere (including by some of today’s most dangerous threat actors), and comply with regulations and cyber insurance requirements.
“Silverfort is one of the rare companies that has successfully envisioned how a large market will need to transform to solve a tough problem – in this case, identity security,” said Mike Gregoire. “The company has a track record of building innovative products at scale that exceed customer expectations, combined with excellent go-to-market execution. Silverfort’s deep market expertise and vision for the identity security market, as well as their ability to build a winning team and culture, are second to none. We’re thrilled to join Hed, Yaron, and the rest of the Silverfort team on the next phase of their journey to not only reshape the identity security market, but lead it.”
Enabling Modern Security on Top of Every AuthenticationWith its patented technology, Silverfort connects to the entirety of an organization’s identity infrastructure in a matter of hours, from cloud-native identity providers (which are only aware of what happens inside their specific silo) to legacy on-prem directories such as Active Directory (which are missing basic security capabilities). Silverfort’s unique platform architecture:
Serves as a centralized enforcement engine behind all identity infrastructure silos, and as a ‘second opinion’ behind-the-scenes to approve all access requests.Maps the company’s entire identity infrastructure, analyzes its security posture, inspects every access attempt across all environments in real-time, and most importantly – enforces active inline policies to verify the user’s identity or to prevent unauthorized access.Operates in a way that is completely invisible to the countless devices, servers and applications that it protects, eliminating the need to modify them, integrate with them, or install anything on them. Organizations can protect every type of system, saving enormous time and cost.”Identity has become the weakest link in enterprise security, and solving it requires a new approach – a unified, end-to-end layer of security that covers all the silos and blind spots of the identity infrastructure,” said Hed Kovetz, Silverfort’s Co-Founder and CEO. “We are very excited about our new partnership with BPC, which will allow us to accelerate our platform vision and strong business momentum. We look forward to reshaping the way identity security is done in every company, to effectively answer today’s and tomorrow’s cyber threats.”
Learn more about how Silverfort helps businesses protect identities with its unified identity protection platform.
About SilverfortSilverfort, the Unified Identity Protection company, pioneered the first and only platform that enables modern identity security everywhere. By connecting to the silos of the enterprise identity infrastructure, Silverfort unifies identity security across all on-prem and the cloud environments. With its unique architecture and vendor agnostic approach, Silverfort takes away the complexity of securing every identity, and extends protection to resources that cannot be protected by any other solution, such as legacy systems, command-line interfaces, service accounts (non-human identities), IT/OT infrastructure, amongst others. Silverfort is a Top Tier Microsoft partner and was selected as Microsoft’s Zero Trust Champion of the Year. It’s trusted by hundreds of the world’s leading enterprises, including multiple Fortune 50 companies, and has local teams in more than 15 countries. Learn more by visiting www.silverfort.com.
About Brighton Park CapitalBrighton Park Capital is a Greenwich, Conn.-based investment firm focused on entrepreneur-led, growth-stage software, healthcare, and tech-enabled services companies. The firm invests in companies that provide highly innovative solutions in partnership with great management teams. Brighton Park brings purpose-built value-add capabilities that match the unique requirements of each of its companies. For more information about Brighton Park Capital, please visit www.bpc.com.
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MWC 2024 | Huawei Multilayer Ransomware Protection (MRP) Solution Becomes the First to Get Tolly-certified

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BARCELONA, Spain, Feb. 28, 2024 /PRNewswire/ — At MWC Barcelona 2024, Huawei’s Multilayer Ransomware Protection (MRP) Solution was certified by Tolly Group, an authoritative international testing organization. The test results show that Huawei MRP detected 100% of the ransomware samples through network-storage collaboration. Network devices can perceive information and level of the ransomware, and collaborate with storage devices for blocking and protection, restoring services to the normal state.

Ransomware attacks continue to be a global threat, with the service, IT, and manufacturing industries being the primary targets. Therefore, it is crucial for enterprises to enhance the “immunity” of their data centers to protect against viruses and ransomware attacks, and to ensure the stable operation of their core service systems.
Huawei MRP solution is the first ransomware protection solution in the industry to achieve network-storage collaboration, and provides a two-line defense that includes six-layers of protection. The network is the first line of defense for security defense, providing intrusion prevention at the network border and intranet spread prevention. The storage is the last line of defense for data protection, providing storage protection, secure snapshot, backup protection, and isolation zone protection. The MRP solution builds an in-depth defense system with pre-, in-, and post-event phases, which complies with the Identify, Protect, Detect, Respond and Recover (IPDRR) cyber security framework of the National Institute of Standards and Technology (NIST). It is a systematic solution to defend against ransomware attacks, and it can better meet the requirements of global enterprises to provide high security for data center infrastructure.
The MRP solution test involves 21 test cases. The MRP solution passed all of them. The test covers collaborative detection, collaborative blocking, collaborative protection, and service recovery.
At MWC 2024, Kevin Tolly, founder of the Tolly Group, issued the “Huawei Multilayer Ransomware Protection (MRP) Solution” certificate to Huawei. He said, “This test covered all four aspects of ransomware protection, including virus detection, virus blocking, system protection, and system recovery. It used 21 typical test scenarios and is the most comprehensive and strict test that Tolly has conducted so far on ransomware protection. The test results show that the capability of Huawei MRP solution is industry-leading.”
For more information, please download the test report at:
https://www.tolly.com/publications/detail/224103 
For details about Huawei MRP, please visit: https://e.huawei.com/en/solutions/data-center/multi-level-data-center/mrp
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Data Center Colocation Market to Reach $46.30 Billion by 2028, More than 5,175.6 MW Power Capacity to be Added in the Next 6 Years – Arizton

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CHICAGO, Feb. 28, 2024 /PRNewswire/ — According to Arizton’s latest research report, the data center colocation market is growing at a CAGR of 7.25% from 2022 to 2028.

To Know More, Download the Free Sample Report:
https://www.arizton.com/request-sample/4128
Browse In-Depth TOC on the Data Center Colocation Market
932– Pages           238 – Tables           546 – Figures  
The Global Data Center Colocation Market Report Scope
Report Attributes
Details
Market Size (2028)
USD 46.30 Billion
Market Size (2023)
USD 30.42 Billion
CAGR by Investment (2022-2028)
7.25 %
Market Size – Area (2028)
25.97 million Square Feet
Power Capacity (2028)
5,175.6 MW
Colocation Market by Revenue (2028)
USD 84.61 Billion
Base Year
2022
Forecast Year
2023-2028
Market Segmentation
Colocation Service, Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, and Geography
Geographical Analysis
North America, Latin America, Western Europe, Nordics, Central & Eastern Europe, Middle East, Africa, APAC, and Southeast Asia
 
The global data center colocation market is experiencing significant growth owing to the expanding use of IoT, cloud computing, and AI/ML technologies. Governments in various countries have launched digitalization initiatives to promote economic development, thereby boosting the operator confidence in managing data centers in the whole region. For example, the UK government implemented a cloud strategy to enhance the country’s adoption of cloud services. This has created a favorable environment for adopting cloud services among the Small and Medium-Sized Enterprises (SMEs) in Europe as businesses increasingly recognize the benefits of digital transformation. The considerable growth in demand for colocation data centers can be attributed to regional organizations continuing to migrate their workloads to the cloud. This has attracted investments from both local and global data center providers.
Growing M&A and Joint Ventures in the Data Center Colocation Market
In the global market, joint ventures and mergers and acquisitions are commonly used strategies for businesses to expand, collaborate, or restructure their operations. The data center industry has witnessed significant joint ventures, mergers, and acquisitions. Additionally, there is an influx of companies from the real estate industry acquiring data center companies to enter the market. These acquisitions and JVs provide opportunities for new players to enter the market, attract customers, and gain a larger market share. Private equity firms are rapidly expanding their investment, considering the increasing demand for data centers and better returns in the short term. New players are entering the market by acquiring existing data center operators or forming joint ventures. Several colocation vendors in the Latin America data center colocation market are actively participating in mergers and acquisitions. For instance, in March 2022, Equinix acquired four data centers of Entel, located in Chile and Peru. In December 2022, Aligned Data Centers agreed to acquire ODATA, marking the company’s entry into the Latin American market.
In Europe, colocation prices vary from country to country. Markets such as the UK, Germany, and France account for the highest colocation pricing in Europe compared to the other markets. The data center colocation market will continue to witness several mergers and acquisitions as large providers or investment trusts continue to propel their market share and presence in the region, thereby driving the colocation market growth. Retail colocation spaces will register a higher demand than wholesale colocation spaces in the region. Conversely, other European markets may offer more competitive pricing due to various factors, including lower operating costs, access to renewable energy sources, and emerging data center hubs. The colocation market in Western Europe is expected to witness several mergers and acquisitions as large providers or investment trusts aim to increase their market share and presence. This consolidation is anticipated to contribute to the continued growth and competitiveness of the European colocation market.
Geographical Overview
Many data center investments are witnessed in the US, driven by the deployment of 5G, technological advances, the adoption of Big data and IoT, digitalization, and the development of smart cities. The Southeastern region, particularly North Virginia, is considered the global data center capital, hosting a high concentration of facilities. Virginia, Texas, California, and Georgia are the top states attracting investments from global operators. In Arizona, businesses in FTZs can receive significant tax reductions. The Northeastern region faces space constraints for data center development, leading to expansions in large-scale colocation facilities. Salt Lake City experiences significant demand from the IT, cloud, entertainment, media, and retail sectors, while Chicago experiences rapid growth and is expected to continue expanding. The US data center colocation market is expected to see the entry of new players. In 2022, notable newcomers, such as AUBix, Edge Centres, Corscale Data Centers, Yondr, and Quantum Loophole, entered the market. However, these newcomers will face competition from both local and established global players in the market. The US data center colocation market is set to continue its revenue growth. This growth will be fueled by providers who construct new facilities and expand their existing capacities. In 2022, the US market experienced notable M&As due to increased industry demand. This led to data center suppliers entering M&A contracts to expand their portfolios. This trend is expected to persist throughout the forecast period. New entrants aiming to expand their revenue will also contribute to the growth of the colocation market in the US.
What’s Included
Comprehensive coverage of the global data center colocation market regarding investments and service revenue generated by operators in offering colocation services worldwide.Market estimations by investment, area, and power capacity globally and across key geographies – 8 regions and 50+ countries covered.The data center market investments are classified into multiple segments (electrical, mechanical, and general construction services) and sub-segments (UPS, generators, cooling systems, and others) with sizing and forecast.Market size and estimation for colocation services, i.e., revenue generated by colocation service providers offering retail and wholesale colocation services across 8 regions and 50+ countries.A detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the growth trajectory of the market and its sub-segmentsA comprehensive analysis of the key market enablers, latest trends, restraints, and growth prospects for the industryBusiness overview and service offerings of colocation service providers in the global market.A transparent research methodology and the analysis of the demand and supply aspects of the industry.The Global Data Center Colocation Market Report Encompasses Crucial Data, including:       
CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the data center colocation market over the specified time frame.       
Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the data center colocation market growth from 2022 to 2028. This includes an analysis of various market influences.       
Precise estimation of market size: Accurate assessments of the data center colocation market size and its contribution and focus on key market segments.       
Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the data center colocation market, helping businesses prepare for future market dynamics.       
Geographical market growth: The report covers the development of the data center colocation market across different regions, including North America, Latin America, Western Europe, Nordics, Central & Eastern Europe, Middle East, Africa, APAC, and Southeast Asia. This provides a comprehensive understanding of the market’s global landscape.       
Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the data center colocation market. This includes an overview of key players, their market share, strategies, and key developments.       
Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the data center colocation market, providing a well-rounded view of the market dynamics.
Buy this Research @ https://www.arizton.com/market-reports/data-center-colocation-market
Post-Purchase Benefit                        
1hr of free analyst discussion10% off on customizationProminent Data Center Investor
China Mobile InternationalChina TelecomChina UnicomChindata GroupCoreSiteCyrusOneDigital RealtyEdgeConneXEquinixGDS ServicesNTT DataSTACK InfrastructureST Telemedia Global Data CentresVantage Data CentersVNETOther Prominent Vendors
365 Data CentersAdaniConneXAfrica Data CentresAirTrunkAligned Data CentersAmerican TowerAtmanatNorth (Partners Group)AT TOKYOArubaBig Data Exchange (BDx)CDC Data CentresCenter3ChayoraCloudHQCologixColt Data Centre Services (Colt DCS)Compass DatacentersCOPT Data Center SolutionsCtrlS DatacentersCyxtera Technologies (Brookfield Infrastructure Partners)DATA4DataBankDC BLOXDCI IndonesiaEdge CentresePLDTFlexentialGlobal SwitchGreen MountainGulf Data HubH5 Data CentersHostDimeIron MountainInternet ThailandKDDIKeppel Data CentresKhazna Data CentersLG UplusMettaDCNEXTDCOpen Access Data CentresOrange Business ServicesPrinceton Digital GroupQTS Realty TrustRostelecom Data CentersSabey Data CentersSkybox DatacentersStream Data CentersScala Data CentersSify TechnologiesSUNeVison Holdings (iAdvantage)SwitchT5 Data CentersTenglong Holding GroupTierPointTurkcellUrbacon Data Centre SolutionsViettel IDCWinguYondrYotta InfrastructureNew Entrants
AQ ComputeCorscale Data CentersGaw Capital PartnersEDGNEX Data Centres by DAMACESRGatineau Data Hub (GDH)iMCriticalIXAfricaKasi CloudPowerHouse Data CentersQuantum LoopholeQScaleYCO CloudYTL Data CenterMarket Segmentation
Colocation Services
Retail ColocationWholesale ColocationInfrastructure
Electrical InfrastructureMechanical InfrastructureGeneral ConstructionElectrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearPDUsOther Electrical InfrastructureMechanical Infrastructure
Cooling SystemsRacksOther Mechanical InfrastructureCooling Systems
CRAC & CRAH UnitsChiller UnitsCooling Towers, Condensers & Dry CoolersEconomizers & Evaporative CoolersOther Cooling UnitsCooling Techniques
Air-based CoolingLiquid-based CoolingGeneral Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & SuppressionPhysical SecurityDCIM/BMS SolutionsGeography
North AmericaThe USCanadaLatin AmericaBrazilMexicoChileColombiaThe Rest of Latin AmericaWestern EuropeThe UKGermanyFranceNetherlandsIrelandSwitzerlandItalySpainBelgiumPortugalOther Western European CountriesNordicsDenmarkSwedenNorwayFinland & IcelandCentral & Eastern European CountriesRussiaPolandAustriaThe Czech RepublicOther Central & Eastern European CountriesMiddle EastThe UAESaudi ArabiaIsraelOmanQatarKuwaitJordanBahrainOther Middle Eastern CountriesAfricaSouth AfricaKenyaNigeriaEgyptEthiopiaOther African CountriesAPACChinaHong KongAustraliaNew ZealandIndiaJapanTaiwanSouth KoreaThe Rest of APACSoutheast AsiaSingaporeMalaysiaThailandIndonesiaPhilippinesVietnamThe Other Southeast Asian CountriesCheck Out Detailed TOC @ https://www.arizton.com/market-reports/data-center-colocation-market?details=tableOfContents
Key Questions Answered in the Report
How big is the data center colocation market?
What is the growth rate of the global data center colocation market?
What is the estimated market size in terms of area in the global data center colocation market by 2028?
What are the key trends in the data center colocation market?
How many MW of power capacity is expected to reach the global data center colocation market by 2028?
About Our Data Center Capabilities  
Arizton’s team of principal consultants and analysts work towards publishing extensive secondary and primary research that is credible, resourceful, and data-driven. With over 5 years of experience, Arizton has helped several Fortune 500 companies with data-driven insights that enabled them to expand their businesses to niche regions, added over a billion dollars in revenues, and effective go-to-market strategies. We offer various product portfolios to meet the client’s requirements, which align with their key business strategies and identify high-value growth avenues.  
Exhaustive syndicated reports, databases, country-wise market analysis, & customized consulting projects are published by our team of exuberant and well-experienced analysts who possess exemplary skills in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research. Subscribe to our exhaustive portfolios to access premium research reports at competitive prices. Partner with Arizton for your next strategic business decision and gain a competitive advantage with real-time, data-driven research.  
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Data Center Power Market – Global Outlook & Forecast 2023-2028
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Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.                                                    
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NEXTUPLE EXPERIENCES OVER 100-PERCENT GROWTH IN PRODUCT REVENUE and REALIZES 67-PERCENT GROWTH IN OVERALL PRODUCT-LED BUSINESS

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Company Sees Significant Expansion in Key Areas of People, Customers, Partners and Technology
ANDOVER, Mass., Feb. 28, 2024 /PRNewswire/ — In terms of growth and expansion, 2023 was a noteworthy year for Nextuple, a pioneer in transforming retail and grocery fulfillment. The company announced today key metrics that support its strong performance in the enterprise order management systems (OMS) market last year: over 100 percent growth in product revenue and 67 percent growth in Nextuple product-led implementations and engineering services revenue.

“During the last year, I’m very proud of the way everyone in the company has worked to innovate and grow Nextuple’s Order Management Studio products for the retail and grocery sectors—addressing the ever-changing challenges companies face when it comes to order fulfillment,” said Darpan Seth, chief executive officer at Nextuple. “We set out to disrupt the enterprise OMS software and services industry with our software, and the increase in both our product revenue and customers attest to the fact that we are accomplishing that mission. 2023 was an extremely successful year for us, and we look forward to growing our people, customers, channel partners and technology even more in 2024.”
Among the key milestones from 2023 that helped fuel the company’s growth:
Five national omnichannel retailers launched the Nextuple OMS Studio, a composable suite of microservices with a unique delivery model that allows companies to quickly respond to consumer demands for speed and convenience. These customer additions alone comprise $50 billion in annual revenue across 7,000 store locations.BJ’s Wholesale Club (BJ’s), with over $19 billion in annual revenue and more than 230 clubs, selected Nextuple’s OMS Studio as the retailer moves away from its legacy OMS inventory system and looks to modernize its overall inventory operations.Nextuple Expands Team with Two New Key Hires  
As Nextuple continues to expand deeper into the retail marketplace, the company has increased headcount by over 30 percent globally and also made two significant hires who bring decades of experience of building relationships and driving growth, and first-hand knowledge of how technology can solve omnichannel fulfillment challenges: 
Anshuman Jaiswal, Vice President, Growth Strategy and Operations: Previously, Jaiswal worked in an executive leadership capacity as part of the Digital Transformation practice at Kearney, a global management consulting firm. He has more than 20 years of industry and management consulting experience advising the C-suite and executive leaders globally on a broad range of topics.
David Howe, Director, Account Strategy and Customer Success: Howe was previously with Deloitte Consulting and, prior to that, worked in the eCommerce pickup and delivery space for Walmart. He has over a decade of retail experience, spanning both corporate and store operations.
Addition of Marketplace Partners Further Expands Technology Deployment
Additionally, Nextuple has recently signed multiple marketplace partnership agreements to enable its retail and grocery clients to simplify software licensing and procurement by leveraging their existing cloud-infrastructure partner relationships.
AWS Marketplace: An online software store that helps customers find, buy and immediately start using software and services that run on AWS.Google Cloud Marketplace: Lets customers quickly deploy functional software packages that run on Google Cloud.Azure Marketplace: Offers thousands of industry-leading apps and services—all certified and optimized to run on Azure—so customers can find, try, buy and deploy solutions quickly and confidently.”Of course, the foundation to Nextuple’s success is our ‘AI-first’ technology that provides a unique set of predictive and explainability features and functions that retailers can seamlessly deploy to immediately build value and enhance their OMS processes. We expect to continue to deliver industry-leading software that addresses retailers’ most pressing fulfillment pain points,” added Seth.
About Nextuple
Nextuple helps customer-centric retailers and grocers create and transform omnichannel fulfillment by using a microservices architecture. The Nextuple OMS Studio enables retailers to quickly extend and scale new fulfillment experiences to delight customers, create more omnichannel agility, and accelerate time-to-value. Nextuple has offices in Massachusetts, U.S., Ontario, Canada, and Bangalore, India. To learn more, visit us at www.Nextuple.com, follow us on LinkedIn, or join the global OMS conversation with our Order Management Gurus community.
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