BeyondTrust

BeyondTrust

Cybersecurity solutions for IT protection

About BeyondTrust

Simplify's Rating
Why BeyondTrust is rated
A
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Cybersecurity

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$11.8M

Headquarters

Johns Creek, Georgia

Founded

1985

Overview

BeyondTrust provides cybersecurity solutions designed to protect organizations from both internal and external threats. Their main products include Privileged Access Management (PAM), which helps control and monitor access to critical systems, and Vulnerability Management, which identifies and addresses security weaknesses in IT infrastructure. They also offer Endpoint Protection to secure devices like laptops and mobile phones from cyber threats. BeyondTrust differentiates itself from competitors by serving a wide range of clients, including large enterprises, government agencies, and small to medium-sized businesses across various industries such as finance, healthcare, retail, and technology. The company's goal is to ensure the security of IT environments by offering comprehensive software solutions, subscription services, and professional support, thereby helping organizations effectively manage their cybersecurity needs.

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Simplify's Take

What believers are saying

  • The cybersecurity market is projected to grow at a CAGR of 10.9% until 2030.
  • Increased demand for identity-centric solutions due to remote work and cloud adoption.
  • Integration of AI in cybersecurity can enhance BeyondTrust's threat detection capabilities.

What critics are saying

  • Recent breaches highlight vulnerabilities in BeyondTrust's Remote Support, affecting customer trust.
  • Increased competition from Fudo Security could challenge BeyondTrust's market position.
  • BeyondTrust vulnerabilities added to CISA's catalog may impact reputation and client trust.

What makes BeyondTrust unique

  • BeyondTrust's identity-centric approach aligns with the growing Zero Trust security model trend.
  • Recognition as a Leader in the 2024 Gartner Magic Quadrant boosts BeyondTrust's market credibility.
  • BeyondTrust's expansion into the European cloud region meets GDPR data residency requirements.

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Funding

Total Funding

$11.8M

Below

Industry Average

Funded Over

3 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Hybrid Work Options

Company News

PE Insights
Jan 20th, 2025
bValue Growth invests €9m in Fudo Security to boost cybersecurity innovation

bValue Growth invests €9m in Fudo Security to boost cybersecurity innovation.

Dark Reading
Jan 15th, 2025
CISA: Second BeyondTrust Vulnerability Added to KEV Catalog

BeyondTrust has patched all cloud instances of the vulnerability and has released patches for self-hosted versions.

Homeland Security Today
Jan 8th, 2025
No Signs Treasury Breach Hit Other Federal Agencies According to CISA

CISA is working closely with the Treasury Department and BeyondTrust to understand and mitigate the impacts of the recent cybersecurity incident.

Technadu
Dec 31st, 2024
US Treasury Breached via BeyondTrust's Remote Support by Chinese State-Sponsored Actors

Upon identifying the breach, BeyondTrust took decisive action by shutting down the compromised SaaS instances and revoking the stolen API key to contain the threat.

Tech Monitor
Dec 31st, 2024
US Treasury confirms cybersecurity breach linked to Chinese hackers

The US Department of the Treasury has confirmed a major cybersecurity breach involving the exploitation of BeyondTrust, a third-party vendor providing remote support services to the Treasury Departmental Offices (DO).

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