Tufin Technologies today announced that it has ranked eighth on the 2012 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. In 2011 Tufin landed the number one spot on the list and in 2010 it ranked second, making this the third year in a row that Tufin has topped Deloitte Israel's prestigious list. In a country often referred to as the 'start-up nation' known for producing some of the world's most successful and innovative technology companies, ranking this high on Deloitte Israel's list is a major accomplishment. Tufin's placement in the top 8 for three years running makes this year's achievement particularly noteworthy.
"Ranking so high on the Deloitte Technology Fast 50 for the third year in a row with growth of 1108% is an impressive achievement, said Tal Chen, partner at Deloitte Brightman Almagor Zohar in charge of the Israel Technology Fast 50 Program. "Tufin has proven that its leadership has the vision, determination and momentum to succeed in the extremely competitive IT Security industry."
Tufin's award-winning Security Policy Management solutions enable organizations to take control of their firewalls. More than 1000 companies have deployed the Tufin Security Suite to proactively manage risk, continuously comply with standards, and keep business-critical applications online.
To determine Tufin's position on the list, Deloitte reviewed fiscal year revenues over five years, calculated the revenue growth percentage over five years, and compared it to the growth of participating technology companies, all of which held enough confidence in their financial prowess to invite close scrutiny of their economic performance. With 1108% growth over the past five cash-flow positive years, Tufin is solidly positioned to maintain its strong growth.
This prestigious honor is the latest in a series of achievements Tufin has received throughout 2012:
"We are extremely proud of our ranking on this year's Deloitte Israel Technology Fast 50, and attribute our continued presence in the top eight to an unwavering commitment to innovation and customer satisfaction," said Ruvi Kitov, CEO, Tufin. "As our customers face new challenges, we will continue to deliver technology that enables them to be successful and effective in their jobs."
About Tufin
Tufin™ is the leading provider of Security Policy Management solutions that enable organizations to take control of their firewalls. More than 1000 companies have deployed the award-winning Tufin Security Suite to proactively manage risk, continuously comply with standards, and keep business-critical applications online. The Tufin Security Suite (TSS) consists of three products: SecureTrack, SecureChange, and Tufin's most recent innovation,SecureApp. TSS enables IT to automate and centrally manage security policies across a wide set of network infrastructure, including traditional and next-generation firewalls, routers, switches and load balancers. With a unique, application-oriented approach, Tufin simplifies and streamlines firewall operations, slashing the time spent on policy management by up to 75%. Founded in 2005, Tufin serves customers in every industry including finance, telecommunications, transportation and energy, and partners with Check Point, Cisco, Juniper Networks, Fortinet, F5, Palo Alto Networks, McAfee and BMC to provide the most comprehensive solutions available.
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