Cybersecurity Company Deep Instinct Expands Executive Team with Appointment of Chief Marketing Officer
Summary
NEW YORK--(BUSINESS WIRE)--Deep Instinct, the first and only cybersecurity company to apply end-to-end deep learning to predict, identify, and prevent cyberattacks, today announced that Ryan Shopp has been named to the newly created position of chief marketing officer. “ We’re building a management team to support the growth of our business which is accelerating everywhere in the world,” said Guy Caspi, CEO and co-founder of Deep Instinct. “ Digital transformations are rapidly moving forward while at the same time creating new exposure to more sophisticated malware attacks. Deep Instinct’s product based on artificial intelligence technology comes at a time when the world needs a new approach to deal with cybersecurity attacks that are overwhelming enterprises in every corner of the world.” Deep Instinct has grown rapidly due to the high demand for its groundbreaking Endpoint Protection Platform (EPP) technology, with an over 400% increase in annual recurring revenue (ARR) and 300% increase in customer base in 2019. Managed Security Service Providers and Global 2000 Enterprises rely on Deep Instinct to protect more than two million endpoints and mobile devices.