Welcome to our dedicated page for Corero Network news (Ticker: DDOSF), a resource for investors and traders seeking the latest updates and insights on Corero Network stock.
About Corero Network Security
Corero Network Security (OTCQB: DDOSF) is a leading provider of Distributed Denial of Service (DDoS) protection solutions, specializing in real-time, automatic detection and mitigation of DDoS threats. Headquartered in London, with operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero serves a global clientele across industries such as telecommunications, cloud services, government, e-commerce, and financial services.
Core Offerings and Technology
Corero’s flagship product suite, SmartWall ONE™, delivers advanced DDoS protection through a combination of on-premises appliances and cloud-based solutions. The company’s technology is designed to protect against both external and internal DDoS threats, ensuring uninterrupted service availability and operational resilience. Key features include network visibility, analytics, and reporting tools, which provide actionable insights and enhance security postures. By integrating seamlessly with hybrid and on-premises infrastructures, Corero’s solutions cater to the complex needs of modern digital environments.
Revenue Model and Services
Corero generates revenue through direct sales of its DDoS protection appliances, subscription-based services like DDoS Protection-as-a-Service (DDPaaS), and managed services such as SecureWatch. These offerings provide customers with proactive monitoring, configuration optimization, and rapid incident response, ensuring tailored security solutions that align with specific business goals.
Market Context and Competitive Position
Operating within the rapidly growing cybersecurity industry, Corero addresses the escalating demand for advanced DDoS protection as cyber threats become increasingly sophisticated. Its focus on automation and real-time mitigation differentiates it from competitors, enabling organizations to protect critical infrastructure without manual intervention or operational delays. Strategic partnerships with industry leaders like Akamai and regional alliances in markets such as Latin America further bolster Corero’s market presence.
Global Reach and Strategic Partnerships
Corero has established a strong global footprint, with customers and partners across North America, Europe, Latin America, and the Middle East. Notable collaborations include partnerships with TierPoint, Akamai, and DigitalOcean, as well as regional alliances with companies like NovaRed and TechEnabler. These relationships underscore Corero’s ability to deliver scalable, industry-leading solutions tailored to diverse market needs.
Key Industries and Use Cases
Corero’s solutions are particularly valuable for industries where service availability is paramount, such as telecommunications, cloud computing, financial services, and e-commerce. Its technology is also increasingly adopted in emerging sectors like AI-driven data centers, where ultra-low-latency protection is critical. By addressing the unique challenges of these industries, Corero enables organizations to maintain operational continuity, safeguard customer trust, and meet stringent service-level agreements (SLAs).
Commitment to Innovation
Corero continues to innovate in the field of cybersecurity, as evidenced by its recent advancements in multi-site resiliency and intelligent traffic management. These developments ensure uninterrupted protection against large-scale attacks and operational failures, reinforcing Corero’s position as a trusted partner for organizations navigating an ever-evolving threat landscape.
Conclusion
With its specialized focus on DDoS protection, robust technology portfolio, and strategic global partnerships, Corero Network Security plays a critical role in safeguarding the digital infrastructure of businesses worldwide. Its commitment to innovation and operational excellence positions it as a key player in the cybersecurity industry, addressing the growing need for reliable, real-time protection against evolving cyber threats.
Corero Network Security (AIM: CNS) (OTCQX: DDOSF) is expanding its presence in Latin America through new partnerships and customer successes. The company is investing in regional alliances to meet the rising demand for advanced cybersecurity solutions. In Brazil, Corero's partner TechEnabler secured a significant contract to implement Corero's SmartWall ONE solution for a leading telecommunications provider, marking a shift from an incumbent solution to Corero's technology. TechEnabler, based in São Paulo, has over 25 years of expertise in telecommunications and IT.
Additionally, Corero is expanding into Peru with a new partnership with A51 Technology, a firm with over 20 years of experience in cybersecurity solutions. A51 Technology specializes in protecting the integrity, confidentiality, and availability of information. CEO Carl Herberger stated that Latin America is a key growth market for Corero, and the company is committed to long-term expansion and working with strong local partners to deliver industry-leading DDoS protection solutions.
Corero Network Security (AIM: CNS, OTCQX: DDOSF) has expanded its partnership with a leading data center and hybrid IT solutions provider to deliver real-time DDoS protection to a major AI company in the Middle East. This strategic move strengthens Corero's position in the AI-driven data center industry.
The collaboration focuses on providing ultra-low-latency DDoS protection specifically designed for on-premises and hybrid-cloud environments, addressing the critical needs of AI workloads that require maximum uptime and minimal latency. CEO Carl Herberger emphasized the importance of adaptive, real-time cybersecurity for AI-driven infrastructure.
This partnership expansion reflects the growing demand for specialized cybersecurity solutions in the AI sector, positioning Corero to capitalize on the increasing need for ultra-low-latency protection as AI adoption accelerates.
Corero Network Security (AIM: CNS, OTCQX: DDOSF) has announced new advancements in multi-site resiliency and intelligent traffic management for DDoS protection. The company's enhanced solution automatically adapts when security components, data centers, or network segments fail by dynamically redistributing security enforcement to maintain uninterrupted protection.
The system eliminates single points of failure through proactive, real-time mitigation that ensures continuous service availability without manual intervention. When one location is compromised, traffic is automatically rerouted to maintain seamless defense. This innovation particularly benefits service providers, financial institutions, e-commerce businesses, and healthcare organizations that require consistent performance and protection against sophisticated, high-volume attacks.
According to CEO Carl Herberger, this development sets a new standard for global DDoS resilience, allowing organizations to maintain security without compromising availability or incurring excessive infrastructure costs.
Corero Network Security (AIM: CNS) (OTCQX: DDOSF) announced that Corey Still, Vice President of Strategic Alliances, has been named to the 2025 CRN® Channel Chiefs list. The recognition comes from CRN®, a brand of The Channel Company, acknowledging IT vendor and distribution executives who drive strategy and set channel agendas.
Still, with over 13 years of channel experience, has contributed to significant channel growth through field-level execution and partner alignment. His achievements include implementing a solution-based approach that enhanced value-driven collaborations and introducing a new multi-partner engagement model that expanded market reach and accelerated the company's ability to address cybersecurity challenges.
Corero Network Security (AIM: CNS, OTCQX: DDOSF) announced that UK Dedicated Servers has upgraded its DDoS protection infrastructure with Corero's next-generation technology. As the first EMEA adopter of the new NTD3400 DDoS solution, UK Dedicated Servers transitions from the previously used NTD1100 appliances to enhance its network security and prepare for future growth.
The upgrade leverages new 400G interface capabilities and has been validated with live traffic, demonstrating scalability and performance under real-world conditions. This implementation aims to provide greater capacity, robust security, and scalability to meet growing demand and strengthen defenses against evolving digital threats.
Corero Network Security (OTCQX: DDOSF) has entered a multi-year, multi-million-dollar partnership with Forte Telecom, making the Brazilian telecommunications provider the first worldwide to deploy Corero's NTD3400—a 400G DDoS protection appliance.
Forte Telecom, operating across multiple Brazilian states including Rio de Janeiro, Espírito Santo, Minas Gerais, São Paulo, and Ceará, will utilize the advanced DDoS protection system to ensure uninterrupted services and enhanced network security for its customers. The company's extensive fiber-optic network serves thousands of users.
The partnership represents a strategic move for both companies, with Forte transitioning from using Corero's technology through a regional MSSP partner to a dedicated deployment. The implementation aims to strengthen Forte's network protection capabilities and reinforce its market position in secure telecommunications services.
Corero Network Security (DDOSF) has secured over $4 million in new contracts during H2 2024 for its DDoS Protection-as-a-Service (DDPaaS) and Enterprise License Agreement (ELA) solutions. The company has onboarded several new customers across different regions, including:
- A telecommunications provider in Germany
- A hosting provider in Portugal
- Two ISP operators in Brazil
- Two U.S.-based hosting providers
These organizations chose Corero's solutions to address challenges with their existing DDoS protection systems, which were struggling to handle growth demands and sophisticated attacks. The implementation enables these businesses to both protect their networks and create new revenue streams by offering DDoS protection services to their customers.
Corero Network Security (DDOSF) reported strong financial results for FY 2024, highlighting its successful transition to a SaaS-based revenue model. The company achieved a 16% growth in Annualized Recurring Revenue (ARR) reaching $19.5 million, while order intake increased 13% to $28.2 million.
Key financial metrics include a 10% revenue increase to $24.6 million and projected EBITDA growth to $2.1-$2.5 million. The company demonstrated strong operational performance with a 70% increase in new customer acquisition and a 97% customer retention rate. Corero ended 2024 with $5.3 million in cash, no debt, and $4.8 million in new customer orders from Q4 expected to be collected in early Q1 2025.
The company also launched its new CORE platform in Q4, strengthening its position in DDoS protection services.
Corero Network Security (LSE:CNS)(OTCQX:DDOSF), a specialist in DDOS protection, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. During the conference, Corero's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors to discuss the company's recent developments, growth strategy, and investment opportunities.
Corero Network Security (OTCQX: DDOSF) has appointed Judson Thuerk as Channel Manager for the Americas to lead their channel strategy. Thuerk brings over 40 years of technology sales experience from companies including Xerox, Digital Equipment Corp., Symantec, EMC, Dell, and VMware. He most recently worked at Lydonia Technologies in client management. The appointment comes at what the company describes as a pivotal growth period, with Thuerk expressing commitment to driving mutual growth through trusted partnerships in the cybersecurity landscape.
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