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SentinelOne, Inc. (NYSE: S) is a pioneering cybersecurity company that revolutionizes the economics of cyber attacks with its cutting-edge, platform-based approach. Founded in 2013 and headquartered in California, SentinelOne became a publicly traded entity in 2021. The company's flagship offering is the Singularity platform, a comprehensive solution that integrates next-generation endpoint protection with advanced endpoint detection and response features. This platform ensures that sophisticated and targeted cyber attacks are not only detected but also thwarted effectively.
At the core of SentinelOne's technology is a lightweight module that continuously scrutinizes suspicious patterns across various environments, including desktops, servers, critical infrastructure, and embedded systems. Upon identifying any malicious activity, the module triggers automated responses to neutralize threats swiftly, immunizes other endpoints, and restores systems to their pre-attack conditions.
SentinelOne has achieved a significant milestone as the first and only next-generation endpoint protection solution to receive certification from AV-TEST, an independent IT-security institute. This certification underscores the reliability and effectiveness of its security solutions. The company's innovative efforts extend to partnerships and investments, as demonstrated by its venture arm, S Ventures. Recently, S Ventures invested in Auguria, a cybersecurity AI company, highlighting SentinelOne's commitment to advancing AI-driven security operations.
With a mission to defeat every attack, every second, of every day, SentinelOne continues to lead the charge in transforming traditional cybersecurity paradigms, ensuring robust protection for organizations worldwide.
SentinelOne, Inc. (NYSE: S) reported a remarkable 120% revenue growth year-over-year for Q4 FY2022, totaling $65.6 million. Annualized recurring revenue (ARR) surged 123% to $292.3 million, driven by strong demand from large enterprises. The customer base expanded over 70% to over 6,700, with a significant growth in high-value contracts. The non-GAAP gross margin improved to 66%. Looking ahead, Q1 FY2023 guidance estimates revenue between $74-75 million, and FY2023 guidance projects $366-370 million, excluding the Attivo Networks acquisition.
SentinelOne (NYSE: S) announced its acquisition of Attivo Networks for $616.5 million, expanding its addressable market by $4 billion in the identity security sector. This move enhances SentinelOne's Singularity XDR capabilities to address identity-based threats across various platforms. The acquisition is expected to close in the fiscal second quarter, pending regulatory approval. SentinelOne emphasizes the growing importance of identity security as a key defense mechanism against increasing cyber threats.
SentinelOne (NYSE: S) has appointed Mark Parrinello as Chief Sales Officer and Eran Ashkenazi as Chief Customer Officer, effective immediately. These promotions aim to enhance the company’s growth in the cybersecurity sector. Parrinello previously led global sales, expanding the company's presence across multiple regions, while Ashkenazi focused on maintaining high customer satisfaction, achieving a net promoter score of 70. Their leadership is expected to foster operational excellence and reinforce a customer-first culture as SentinelOne continues to innovate in autonomous cybersecurity technology.
SentinelOne, Inc. (NYSE: S) announced it will release its financial results for the fourth quarter and fiscal year ending January 31, 2022, after market close on March 15, 2022. Following the release, the company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. Investors can access a live webcast of the conference call and related materials through the Investor Relations website, with replay available for 12 months.
SentinelOne (NYSE: S) has announced a collaboration with Zscaler to enhance enterprise security through improved contextual awareness and streamlined workflows. This integration allows Singularity XDR to utilize Zscaler data for better threat detection and response, supporting zero trust security policies. The partnership aims to simplify security management by providing end-to-end visibility and automated responses, addressing challenges posed by hybrid work models and device vulnerabilities.
N-able (NYSE: NABL) and SentinelOne (NYSE: S) announced the rapid adoption of SentinelOne's EDR technology by N-able's partners, replacing outdated antivirus systems to enhance cybersecurity measures.
This shift responds to increasing cybersecurity threats, such as zero-day attacks and ransomware, especially in hybrid work environments.
SentinelOne EDR offers real-time detection, rapid rollback features, and AI-driven protection, which are critical for safeguarding over one million endpoints managed by N-able partners.
Mandiant, Inc. (NASDAQ: MNDT) and SentinelOne (NYSE: S) have formed a strategic alliance aimed at enhancing cybersecurity measures for organizations. This partnership allows Mandiant's incident responders to utilize SentinelOne's Singularity XDR platform for more effective investigation and remediation of data breaches.
The integration promises faster threat diagnosis and remediation, leveraging Mandiant's expertise and the advanced capabilities of SentinelOne. Mandiant plans to introduce managed detection and response services for SentinelOne customers in late 2022.
SentinelOne (NYSE: S), a leading cybersecurity platform, announced the recognition of its executives, Ken Marks and Chris Catanzaro, in CRN’s 2022 Channel Chiefs List. Marks is honored among the 50 Most Influential Channel Chiefs for his impact on the IT channel. Since the launch of its enablement program in June 2021, SentinelOne has achieved over 8,000 accreditations and a 110% increase in deal registrations, highlighting its growth strategy that emphasizes partnerships over competition.
SentinelOne (NYSE: S) announced a new integrated solution with Mimecast (NASDAQ: MIME) to enhance end-to-end threat protection and accelerate incident response. This collaboration leverages XDR automation, enabling security teams to effectively manage incidents involving email and endpoints. As cyber threats evolve, organizations face increased risks, with a significant rise in email-based attacks. The integrated solution aims to reduce complexity and risk while boosting incident response speed, allowing security operations to focus on resolving threats more efficiently.
Noetic Cyber has announced a partnership with SentinelOne (NYSE:S) to enhance cybersecurity asset management. This collaboration integrates SentinelOne's endpoint telemetry with Noetic's platform, addressing the issue of fragmented IT management and enabling continuous updates on cyber assets. Currently, 71% of global IT leaders report discovering new endpoints weekly. The integration aims to improve visibility, detection, and response to cyber threats, providing security teams with comprehensive insights and automation capabilities for corrective actions.
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