STEALTHbits Financially Outperforms Its Public Competitors SailPoint and Varonis
Summary
HAWTHORNE, N.J.--( BUSINESS WIRE )--STEALTHbits Technologies, Inc., a cybersecurity software company focused on protecting organizations’ credentials and data, today announced it has for the eighth time in the past 10 years outperformed the “Rule of 40,” the principle that a company’s combined growth rate and profit margin should exceed 40%. The Rule is a hugely popular venture capital and growth equity framework for assessing a software company’s comprehensive financial performance. As STEALTHbits faces off against publicly-traded competitors like SailPoint and Varonis, it’s important for the market to be aware of STEALTHbits’ financial strength, longevity, and trusted status in the industry. With global deployments in many of the world’s largest, most complex IT infrastructures, STEALTHbits’ financial accolades are underwritten by a comprehensive portfolio of products and solutions that continually exceed the high expectations of the most demanding businesses in the world. “It’s important to emphasize that financial outperformance is always driven by a match between customers’ demands, and the breadth, depth, and quality of a product offering,” said Vinny Smith, founder of STEALTHbits investor Toba Capital.
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