AlgoSec, the provider of business-driven network security management solutions, announced strong year-on-year growth of 26% in product revenues and profitability in the first half of 2020. During H1, the company also hired 55 employees.
“Thanks to the efforts of our staff and partners, we have achieved excellent results in the first half of 2020, despite the ongoing impact of the pandemic,” said Yuval Baron, CEO of AlgoSec. “This highlights how demand for our solutions is growing, to help companies do more with less, and do it fast. AlgoSec enables organisations to automate their security policy change management in a business-driven manner while maintaining a strong security and compliance posture.”
