Fortra

Fortra

Integrated cybersecurity solutions for businesses

About Fortra

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

Industries

Cybersecurity

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Eden Prairie, Minnesota

Founded

1991

Overview

Fortra provides cybersecurity solutions designed to protect businesses from various cyber threats. Their products include threat detection and response, data protection, network security, and automation tools, which are offered in a scalable and integrated manner. This means that as a business grows, Fortra's solutions can expand to meet their needs, and the different products work well together to provide comprehensive security. Fortra stands out from competitors by focusing on customer success and addressing complex cybersecurity challenges, ensuring that clients can operate securely and efficiently. The company's goal is to create a simpler and stronger cybersecurity environment for businesses, allowing them to navigate the digital landscape with confidence.

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Simplify's Take

What believers are saying

  • Growing demand for XDR solutions boosts Fortra's market potential and client base.
  • Strategic partnerships in North America and EMEA expand Fortra's reach and service offerings.
  • Recognition as a market leader in security awareness training enhances brand reputation.

What critics are saying

  • Increased competition from market leaders may impact Fortra's market share and pricing.
  • Potential class action suit from ransomware attack could harm Fortra's reputation and finances.
  • Dependency on third-party distributors may affect direct customer relationships and profit margins.

What makes Fortra unique

  • Fortra offers integrated and scalable cybersecurity solutions for diverse business needs.
  • The company focuses on customer-centric approaches to enhance cybersecurity posture and automation.
  • Fortra's XDR solution provides comprehensive security across identity, network, cloud, and endpoints.

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Benefits

Flexible Work Hours

Company News

IT Press Releases
Nov 12th, 2024
The Top Security Awareness Training Software According to the FeaturedCustomers Fall 2024 Customer Success Report

Market Leaders - Cofense, Fortra, KnowBe4, Mimecast, Proofpoint, and ThriveDX were given the highest "Market Leader" award.

GlobeNewswire
Oct 29th, 2024
Climb Channel Solutions Launches North American Partnership with Cybersecurity Vendor Fortra

Climb Channel Solutions launches North American partnership with cybersecurity vendor Fortra.

Alert Logic
Oct 15th, 2024
Fortra XDR Wins XDR Solution Provider of the Year at CyberSecurity Breakthrough Awards

Fortra XDR wins XDR Solution Provider of the Year at CyberSecurity Breakthrough Awards.

PRWeb
Oct 14th, 2024
Fortra Xdr Wins Xdr Solution Provider Of The Year At Cybersecurity Breakthrough Awards

"Fortra XDR delivers comprehensive security across identity, network, cloud, and endpoints with 24/7 managed monitoring and expert intervention to cover all attack vectors."

Sigma Cyber Security
Oct 4th, 2024
Casino Giant Crown Resorts Investigating Ransomware Group's Data Theft Claims "How to Save Money on Groceries" "Strategies for Cutting Grocery Costs"

The ransomware operators added the names of alleged victims to its Tor-based leak site, and Fortra may face a class action suit as a result of the cyberattack.

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