AppOmni, a SaaS security innovator, has experienced impressive growth over the last fiscal year, demonstrating strong momentum in the evolving SaaS security sector. The company's operations witnessed year-over-year revenue growth of 116%, with a quarter of Fortune 100 companies listed among its clientele. In addition, over 249 million users globally are currently protected by AppOmni's security measures.
Beyond revenue growth, AppOmni also reported a substantial 38% growth in its workforce, showcasing the expansion of its operations. These achievements are complemented by a 40% surge in deal registrations via channel partners and the establishment of 17 new strategic partnerships with market leaders, further underlining its market success.
Brendan O'Connor, CEO and Co-Founder of AppOmni, said, "It's truly gratifying to end our fiscal year on such a high note, and we're equally proud of how our technology advances have stayed on the cutting edge of developments in AI and automation. With unprecedented visibility and control across all dimensions of SaaS security, customers continue to choose AppOmni as the #1 SaaS security platform. We're honoured that the market has continued to embrace and endorse our approach to SaaS security."
AppOmni's growth has been seen not just financially but also in terms of its customer base and global footprint. The previous year witnessed a 95% retention rate of satisfied clients for the company, with significant new customers added, including Delinian and Spencer Fane, among other Global 2000 customers.
The company's strategic partnerships notably expanded last year as well, with AppOmni seeing a 40% year-over-year growth in deal registrations. As an important highlight from the previous year, the company established the Tech Alliance Program, a significant initiative aimed at supporting partners like Salesforce and Google Cloud.
Apart from its robust growth trajectory, AppOmni has also noted remarkable advancements in technology. It is prominent in the emerging SaaS Security Posture Management market and handles 1.5 Billion SaaS security events daily, securing 150 Million users. With ongoing innovation, the company has significantly extended its technology capabilities.
O'Connor expressed, "Our goal has always been to offer the most comprehensive solution to secure the applications that power the enterprise." AppOmni is committed to expanding SaaS security protocols utilising the power of AI and has introduced AskOmni, the first AI SaaS Secure Posture Management assistant. This new tool is part of AppOmni's efforts to simplify SaaS security operationally.
With its remarkable growth and achievements, AppOmni has garnered major industry recognition, including Frost & Sullivan's 2023 'Company of the Year' for Global SSPM and Forbes' 2023–2024 Best Startup Employer. These recognitions highlight AppOmni's standing and contribution to the field of SaaS security.
