Plurilock launches new behavioral biometric tools, passes $1M in revenue
Plurilock has launched its suite of behavioral biometric cybersecurity tools as a cloud-based solution, as well as a dedicated product for user behavior analytics (UBA) use cases, and announced that it has surpassed $1 million in revenue in the last 12 months.
The company will offer it’s the capabilities of its BioTracker identity management platform as an SaaS solution for government, finance and other customers in regulated industries. The new UBA offerings consist of real-time endpoint visibility and human telemetry product Plurilock Aware, and invisible continuous endpoint detection and response (EDR) product Plurilock Defend. Aware integrates seamlessly with existing systems to provide identity risk scores for actions, the company says, while Defend can reduce response and remediation times from weeks to seconds.
“Governments and businesses are recognizing the need to go beyond single-point-in-time user validation to a real-time approach that continuously assures users’ identities,” said Plurilock CEO Ian Paterson. “We’ve refined our product offering to give customers the deployment flexibility that they need to meet a variety of requirements.”
Plurilock has also added three new executives to support its momentum. Roland Sartorius has been appointed Chief Financial Officer, after 25 years in senior roles, including CFO, with a Swiss private equity firm, and gaining experience with KPMG’s Corporate Finance and Assurance division, and as CFO of Carmanah Technologies Corp and InfoSat Communications. Darryl Athans has been appointed Vice President of Worldwide Sales, having previously served as director of global OEM sales at McAfee. New Vice President of Engineering Jord Tanner brings more than 25 years of experience to Plurilock, including as a key figure at eBay acquisition Terapeak, where he scaled an award-winning SaaS analytics solution to hundreds of thousands of accounts, according to the announcement.
With $3 million in recent investment, and a recent agreement to supply the Department of Homeland Security, the company is planning to accelerate its worldwide market expansion.