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Security Awareness Training Company KnowBe4 Enters 2020 with Record Growth

Company announces massive year-over-year sales increase with another record-breaking quarter

by Beth Smith
January 2, 2020
in Featured, Press Releases
security awareness
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KnowBe4, the company that provides the world’s largest security awareness training and simulated phishing platform, today announced a massive year-over-year sales increase with another record-breaking quarter. In the fourth quarter of 2019, KnowBe4 reached 54% growth over Q4 2018, increasing customer accounts to well over 30,000.

The 27th consecutive quarter of hyper-growth has been driven by demand for KnowBe4’s new-school security awareness training, coinciding with a rapidly expanding portfolio of engaging and award-winning training content. The organisation also made several key leadership hires and an executive board appointment, including former Optus Business and Telstra exec Karina Mansfield as managing director for Australia; James McQuiggan from (ISC)² as security awareness advocate, Mark Patton, formerly of Malwarebytes, as senior vice president of engineering and independent board member Gerhard Watzinger, who also serves as the chairman of the board for CrowdStrike.

“The success we’ve seen with our growth shows that there’s a huge need for effective security awareness training,” said Stu Sjouwerman, CEO, KnowBe4. “Organisations are especially looking for the type of new-school training that we offer – it’s interactive, on-demand and engaging. KnowBe4 has an enormous content variety for every type of learner. 2019 was a super successful year for KnowBe4 and we’re looking forward to another record-setting year in 2020.”

Other recent and notable milestones and awards for Q4 2019 include:

  • KnowBe4 was honoured with two “Best Workplace” awards – one from Glassdoor for one of the best places to work in 2020 and one from FORTUNE for best small and medium workplaces of 2019
  • Launched a new partner program and portal to better enable channel partners
  • Achieved FedRAMP Authorization from the U.S. federal government
  • Launched new features to strengthen organisational security culture with the Security Awareness Proficiency Assessment and Security Culture Survey
  • Released several research initiatives, including the KnowBe4 African Cybersecurity Awareness Report and the KnowBe4 2019 Security Threats and Trends Report

For more information on KnowBe4, visit www.knowbe4.com.

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