Red Canary Song

Red Canary Appoints Katie Bullard as President

Retrieved on: 
Wednesday, December 13, 2023
Cloud, Channel, ZoomInfo, Acquisition, Organization, Woman, Red, Marketing, ARR, IPO, Growth, Pluralsight, Insight Partners, Customer success, Red Canary Song, Talent

DENVER, Dec. 13, 2023 /PRNewswire/ -- Red Canary today announced the appointment of Katie Bullard as President. In this new role, she will lead the company's growth functions, including sales, marketing, partnerships, and customer success. With Red Canary surpassing $100m ARR earlier this year, her role is instrumental as the business accelerates to $200m ARR.

Key Points: 
  • DENVER, Dec. 13, 2023 /PRNewswire/ -- Red Canary today announced the appointment of Katie Bullard as President.
  • With Red Canary surpassing $100m ARR earlier this year, her role is instrumental as the business accelerates to $200m ARR.
  • Bullard joins Red Canary from Insight Partners where she was an Operating Managing Director, advising founders and CEOs at various companies during the critical scale-up phase of growth.
  • Jenny Campbell, an experienced sales and marketing leader who joins Red Canary from ZoomInfo, is the company's new VP, Customer Success.

Red Canary Continues Strong New Business Momentum, Announces Highlights from its Third Quarter

Retrieved on: 
Tuesday, December 5, 2023
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DENVER, Dec. 5, 2023 /PRNewswire/ -- Red Canary today announced strong Q3 results and that the company is well on its way to achieving over 30% year-over-year growth in Annual Recurring Revenue (ARR). The company's steady growth is driven by ongoing success in the enterprise market segment, marked by notable increases in both deal size and customer count over the past year. Red Canary remains a leading vendor and choice for organizations of all sizes, especially those with sophisticated security teams.

Key Points: 
  • Red Canary remains a leading vendor and choice for organizations of all sizes, especially those with sophisticated security teams.
  • "We had a solid quarter, fueled by both new and existing customers realizing value from our security operations platform," said Brian Beyer, CEO of Red Canary.
  • Since its inception almost a decade ago, Red Canary has secured $86 million in funding from investors such as Summit Partners and Noro-Moseley Partners.
  • Red Canary also continues to receive an average overall Customer Satisfaction (CSAT) rating of 99%, which represents an industry-leading score and an ongoing commitment as a SaaS business to deliver an exceptional customer experience.

Red Canary Continues Strong Momentum, Announces Highlights from its Second Quarter

Retrieved on: 
Wednesday, August 9, 2023
XDR, Summit Partners, Intelligence, Red, Organization, MDR, Customer satisfaction, Red Canary Song, Growth, Forrester, Telemetry, CSAT, Video game, Risk management

DENVER, Aug. 9, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, today announced results for its second quarter fiscal 2024 ended July 31, 2023, growing new business by approximately 50% quarter over quarter. Nearly 1,000 customers, including many of the world's largest and fastest growing companies, trust Red Canary's industry-leading technology to protect their environments from cybersecurity threats.

Key Points: 
  • DENVER, Aug. 9, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, today announced results for its second quarter fiscal 2024 ended July 31, 2023, growing new business by approximately 50% quarter over quarter.
  • Nearly 1,000 customers, including many of the world's largest and fastest growing companies, trust Red Canary's industry-leading technology to protect their environments from cybersecurity threats.
  • "We've been leading the next major revolution in MDR – bringing together the petabytes of data and world class security operations that companies need to level up their enterprise security," said Brian Beyer, CEO of Red Canary.
  • Since its launch nearly a decade ago, it has raised $86 million from investors like Summit Partners and Noro-Moseley Partners.

The New York Women's Foundation Doubles Down on Investment to Advance Reproductive Justice, Safety & Healing Through Summer 2023 Grantmaking Efforts

Retrieved on: 
Wednesday, July 26, 2023
Laura Flanders, Pregnancy, Partnership, Move, Justice, Number of U.S. Supreme Court cases decided by year, Parent, Los Angeles LGBT Center, Woman, NYWF, Family separation, History, Movement, Mother, Organization, Investment, Risk, Child, FTG, Supreme court, Red Canary Song, GAC, New York Women's Foundation, FDA, Ecosystem, News, Safety, Birth control, BX

NEW YORK, July 26, 2023 /PRNewswire/ -- Today, The New York Women's Foundation (NYWF) announced $2.57 million of grantmaking in support of 34 organizations, both new and renewals to existing grantee partners, with a focus on reproductive justice, safety and healing, and emerging organizations and movements. For its June grants, The Foundation is investing in the infrastructure and sustainability of our communities and shaping our stories, while advancing its early investment strategy to create a more equitable and just future. As backlash against the movement for gender, racial, and economic justice continues, The Foundation acts in solidarity with partners by stepping up its investment in those closest to the issues.

Key Points: 
  • NEW YORK, July 26, 2023 /PRNewswire/ -- Today, The New York Women's Foundation (NYWF) announced $2.57 million of grantmaking in support of 34 organizations, both new and renewals to existing grantee partners, with a focus on reproductive justice, safety and healing, and emerging organizations and movements.
  • As backlash against the movement for gender, racial, and economic justice continues, The Foundation acts in solidarity with partners by stepping up its investment in those closest to the issues.
  • For the first time since the pandemic began, The Foundation engaged in a participatory grantmaking process in partnership with its Grants Advisory Committee (GAC).
  • The Foundation has a longstanding history of early investment as a core strategy, and these grants are a five-year commitment to these grassroots organizations.

Red Canary Named a Leader in Managed Detection and Response Report by Independent Research Firm

Retrieved on: 
Thursday, May 18, 2023
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DENVER, May 18, 2023 /PRNewswire/ -- Red Canary was recently named a Leader by Forrester in The Forrester Wave™: Managed Detection and Response, Q2 2023 .

Key Points: 
  • DENVER, May 18, 2023 /PRNewswire/ -- Red Canary was recently named a Leader by Forrester in The Forrester Wave™: Managed Detection and Response, Q2 2023 .
  • Red Canary received the highest possible score in nine evaluation criteria, including time-to-value, threat hunting, threat intelligence, extended detection and response (XDR), and platform capabilities.
  • "We put our customers at the center of everything we do," said Brian Beyer, CEO of Red Canary.
  • "The rapidly changing threat landscape requires leading MDR providers like us to do everything we can to keep our customers safe.

Red Canary Announces Readiness, Redefining Incident Response Preparedness

Retrieved on: 
Thursday, April 20, 2023
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DENVER, April 20, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, launched Red Canary Readiness, a new portfolio of offerings that gives teams a whole new way to train and prepare for incidents. Now any company can improve their incident response preparedness by empowering their security teams to practice and validate the skills, processes, and playbooks required to quickly respond to cyber and business continuity threats.

Key Points: 
  • Now any company can improve their incident response preparedness by empowering their security teams to practice and validate the skills, processes, and playbooks required to quickly respond to cyber and business continuity threats.
  • Now our team can continuously train and benchmark our progress, learning from the Red Canary team who respond to real-world threats daily.
  • "Just having an incident response plan and a set of playbooks is no longer enough.
  • "We're excited to announce the launch of Readiness Exercises, a comprehensive solution that combines tabletop exercises, cybersecurity training, and atomic testing into a seamless, continuous learning experience," said Brian Beyer, CEO of Red Canary.

Red Canary Surpasses $100M in Annual Recurring Revenue

Retrieved on: 
Thursday, April 20, 2023
Software as a service, Partnership, Microsoft Azure Active Directory, Summit Partners, Intelligence, Microsoft, Research, Red, Google Workspace, MacOS, Organization, MDR, Customer satisfaction, ACV, ARR, Linux, Okta, Growth, 24/7 service, CSAT, Risk management, Red Canary Song

DENVER, April 20, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, today announced it has surpassed $100 million in annual recurring revenue. This milestone is validation that the software-driven MDR approach pioneered by Red Canary is delivering customer value at scale. Nearly 1,000 customers, including many of the world's largest and fastest growing companies, trust Red Canary's industry-leading technology to protect their environments from cybersecurity threats. By providing industry-best detection and response across cloud workloads, identities, SaaS applications, networks, and endpoints, Red Canary is able to find and stop these threats, no matter where adversaries choose to attack.

Key Points: 
  • DENVER, April 20, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, today announced it has surpassed $100 million in annual recurring revenue.
  • This milestone is validation that the software-driven MDR approach pioneered by Red Canary is delivering customer value at scale.
  • Since inception, Red Canary has raised $86 million from investors, including Summit Partners, Noro-Moseley Partners, Access Venture Partners, and Legion Capital.
  • We are thrilled to partner with the entire Red Canary team as they continue to scale."

CrowdStrike Announces Managed XDR to Close the Cybersecurity Skills Gap, Expands Industry-Leading MDR Portfolio

Retrieved on: 
Wednesday, April 19, 2023
Professional Services, Data Management, Security, Technology, Software, Networks, Internet, IDC, ReliaQuest Bowl, Managed security service, Partnership, XDR, MSSP, Gene E. Robinson, Gartner, CBP Office of Field Operations, European Technology Platform on Smart Systems Integration, BT, Intelligence, Socs, Red, Information security operations center, Organization, Security Service, MDR, Falcon, ESG, Ecosystem, Environment, MITRE, Telemetry, Medical device, Risk management, Video game, CrowdStrike, Talis evidens, Red Canary Song

CrowdStrike (Nasdaq: CRWD) today introduced CrowdStrike Falcon Complete XDR , a new Managed eXtended Detection and Response (MXDR) service from the MDR and endpoint security market leader.

Key Points: 
  • CrowdStrike (Nasdaq: CRWD) today introduced CrowdStrike Falcon Complete XDR , a new Managed eXtended Detection and Response (MXDR) service from the MDR and endpoint security market leader.
  • CrowdStrike Falcon Complete XDR extends the elite expertise of its industry-leading MDR service, which includes 24/7 expert management, threat hunting, monitoring and end-to-end remediation, across all key attack surfaces to close the cybersecurity skills gap.
  • CrowdStrike Falcon Complete XDR augments in-house teams of all skill levels, breaking down data and organizational silos to stop adversaries.
  • With CrowdStrike Falcon Complete XDR, CrowdStrike extends these industry-leading MDR capabilities across all supported CrowdStrike Falcon modules and third-party vendors including CrowdXDR Alliance partners.

Red Canary's Threat Detection Report Reveals Top Threats and Techniques Used by Cybercriminals

Retrieved on: 
Thursday, March 23, 2023
Bloodhound, Software as a service, Windows Management Instrumentation, MFA, WMI, USB, PowerShell, Research, Red, Threat, SEO, Organization, Poisoning, Telemetry, Microsoft 365, Automation, Risk management, Tunnel, Red Canary Song

DENVER, March 23, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, today unveiled its fifth annual Threat Detection Report. This in-depth report is based on analysis of approximately 40,000 threats identified in 250 petabytes of telemetry collected from the company's customers' cloud workloads, identities, SaaS applications, networks, and endpoints over the past year. This research highlights the trends Red Canary's experts observed as adversaries continue to organize, commoditize, and scale their cybercriminal operations. It also includes an examination of the techniques and tools that adversaries rely on most often when they conduct cyber attacks.

Key Points: 
  • New research analyzed 40,000 threats in customer environments to uncover the most impactful trends, threats, and techniques
    DENVER, March 23, 2023 /PRNewswire/ -- Red Canary, a leader in managed detection and response, today unveiled its fifth annual Threat Detection Report .
  • It also includes an examination of the techniques and tools that adversaries rely on most often when they conduct cyber attacks.
  • "The Threat Detection Report offers unique data and insights, accompanied by recommended actions.
  • They are the product of a breadth and depth that Red Canary leverages to detect the threats that would otherwise go undetected.

Red Canary Expands Integrations with Microsoft Amid Several High-Profile Industry Recognitions

Retrieved on: 
Thursday, January 12, 2023
Sentinel, Cloud, Microsoft Security Essentials, Microsoft Defender, XDR, Red, SIEM, MDR, CVP, Defender, Organization, ROI, SOC, BEC, Microsoft, 24/7 service, Gartner, Security, Video game, Video game console, Red Canary Song

DENVER, Jan. 12, 2023 /PRNewswire/ -- Red Canary, the Managed Detection and Response (MDR) trailblazer, today announced new integrations with Microsoft Sentinel and Microsoft Defender for Cloud, enabling Red Canary to detect threats earlier and stop them faster for Microsoft customers 24x7. Red Canary MXDR is a Microsoft Verified MXDR (managed extended detection and response) solution. In addition, Red Canary was also recognized as the winner of the Microsoft Security Trailblazer Award at the Microsoft Security Excellence Awards in 2022.

Key Points: 
  • Red Canary strengthens relationship with Microsoft with new XDR and SIEM integrations, as well as accolades
    DENVER, Jan. 12, 2023 /PRNewswire/ -- Red Canary , the Managed Detection and Response (MDR) trailblazer, today announced new integrations with Microsoft Sentinel and Microsoft Defender for Cloud, enabling Red Canary to detect threats earlier and stop them faster for Microsoft customers 24x7.
  • In addition, Red Canary was also recognized as the winner of the Microsoft Security Trailblazer Award at the Microsoft Security Excellence Awards in 2022.
  • Red Canary received the Microsoft Security Trailblazer Award , which recognizes the quality of Red Canary's MDR solution and position in the market.
  • Their solution closely integrates with Microsoft 365 Defender and Microsoft Sentinel and has been verified by Microsoft Security engineering to ensure that it provides comprehensive service coverage across the Microsoft Security portfolio."