Overview

Tenable specializes in vulnerability management within the cybersecurity sector. The company provides solutions that help organizations identify, investigate, and prioritize vulnerabilities in both IT and operational technology environments. Its main products include Tenable.io, a cloud-based platform for comprehensive vulnerability management, Tenable.ot, which focuses on securing operational technology like industrial control systems, and Nessus, a popular vulnerability scanner for detecting security issues in networks. Tenable operates on a subscription-based model, allowing clients to access its platforms and services through annual subscriptions, which also include continuous updates and support. This model, along with additional professional services and compliance solutions, sets Tenable apart from competitors. The company's goal is to help organizations effectively manage and reduce cyber risks to protect their digital assets.

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Simplify's Take

What believers are saying

• Tenable's subscription model ensures steady revenue and continuous client support.
• FedRAMP authorization enhances Tenable's credibility with U.S. federal agencies.
• Partnerships, like with Atlas Systems, expand Tenable's cybersecurity assessment capabilities.

What critics are saying

• Leadership transition may impact strategic direction after CEO Amit Yoran's unexpected death.
• The 'toxic cloud trilogy' poses significant cloud security risks for organizations.
• New regional management may disrupt operations in Australia and New Zealand.

What makes Tenable unique

• Tenable specializes in vulnerability management for IT and operational technology environments.
• Tenable.io offers cloud-based comprehensive vulnerability management with high asset tracking accuracy.
• Nessus is a widely used vulnerability scanner for identifying network security issues.

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Funding

Total Funding

$805.6M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

Insight PartnersAccel

Notable Investors:

Insight PartnersAccel

$255,600,000

Post IPO Equity

Jul 2020

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