Webroot swells MSP ranks

Webroot has signaled that the growth in its channel base was one of the main factors in the revenue growth delivered in its second quarter.

The security player added not far off 1,000 managed service providers in Q2, which brings the total it now works with to 11,200, and added 20,000 customers in the same three month period.

One of the Q2 highlights was the introduction of the Security Awareness Training platform, which MSPs can use to help customers reduce security risks through end-user training and phishing simulation. The vendor has developed the offering specifically for managed service players with the idea they will add more of its products and services into the mix. 

Sales in the business segment increased year-on-year by 31% for the three months ended 31 December, which was well ahead of the market average, and the consumer business also improved by 4%.

The firm struck a handful of alliances in Q2 to extend the reach of its ecosystem with six embedded security partnerships being made with the likes of CloudPost and Dojo.

Webroot has found itself in the right place at the right time in regards to being able to help customers fend off the ransomware threat and has also been putting investment to increase its malicious URL coverage so it can exploit machine learning to identify threats.

“Our four years of consecutive double-digit growth highlight the demand for our solutions as businesses and consumers face an increasingly complex landscape of cybersecurity threats," said Mike Potts, CEO of Webroot.

"Our momentum further validates that Webroot has the most sophisticated threat intelligence engine in the industry, integrated with leading technology partners. We look forward to working with our customers, partners, and the community to build on this success as we accelerate our business," he added.