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Cloud Security Innovator Avanan Opens D.C. and Philadelphia Sales & Marketing Offices to Support Rapid Growth

NEW YORK, July 14, 2016 (GLOBE NEWSWIRE) -- Avanan, the cloud security platform, today announced the opening of its new sales and marketing offices in Reston, Virginia, a D.C.-area hot spot for some of the world’s leading security companies, and emerging tech startup hub Philadelphia.

Following a May 2016 venture round of $14.9 million from Greenfield Cities Holdings, L.P., Avanan is expanding its sales and marketing team to accelerate the company's rapid growth in bringing innovative, next-generation cloud security solutions to the enterprise IT security market worldwide.

Avanan’s Cloud Security Platform is an entirely new way to secure highly vulnerable SaaS mail applications such as Office 365 Mail and Google Mail. With a single click, enterprises of all sizes can protect from malware such as ransomware and phishing, using preconfigured cloud-based versions of security technology from more than 60 leading vendors such as Check Point, Symantec, McAfee, Palo Alto Networks, Sophos and Kaspersky.

The office expansion is just the latest move demonstrating Avanan’s market success and expanding customer base. Just last month, Avanan named Steven Toole chief marketing officer. Toole was previously the vice president of Marketing for Reston-based semantic indexing technology provider Content Analyst Company, acquired by kCura Corporation in March 2016, and brings 26 years of experience to the Avanan team.

Avanan plans to hire at least 10 more sales and marketing personnel to work out of the company’s Reston and Philadelphia locations, and others throughout the U.S., this year.

“The Herndon/Reston area serves as the D.C. office location for several of Avanan’s partners, including Microsoft, Symantec, Amazon and Palo Alto Networks, and Philadelphia is quickly becoming a startup haven as well,” said Gil Friedrich, Avanan founder and CEO. “Government agencies and enterprises want the benefits of SaaS mail, and we let them use the on-premise security solutions that they trust and apply them to the cloud mail applications. We’re the only company that can do this.”

Avanan has been named a 2016 Gartner Cool Vendor, a Red Herring Top 100 North American Tech Startup and one of CRN’s 20 Coolest Cloud Security Vendors of 2016. The company is headquartered in New York City with Research & Development in Tel-Aviv, Israel.

About Avanan, the Cloud Security Platform
Avanan secures SaaS mail programs such as Office 365 Mail and Google Mail or any cloud application with one click, using security technology from more than 60 industry-leading vendors.

In May 2016, Avanan raised $14.9 million in Series A financing. Greenfield Cities Holdings, L.P. (GFC), a TPG Growth portfolio company, led the round, with participation from Avanan’s existing investors, Magma VC and StageOne Ventures, bringing the company’s total capital raised to $16.4 million.

Avanan is based in New York City with R&D in Tel-Aviv, Israel and sales and marketing in Reston, Virginia and Philadelphia. (http://www.avanan.com)

Media Contact: Deb Montner Montner Tech PR dmontner@montner.com 1.203.226.9290

Source: Avanan