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Carbon Black Technology Partner Program Exceeds 40% Growth in 2018

The Carbon Black Integration Network (CBIN) technology partner program has grown more than 40 percent since its March launch, according to a prepared statement. It also features more than 144 partners and 150 product integrations.

CBIN enables MSSPs, solution providers and incident responders and consultants to deliver Carbon Black security solutions to their customers, the company said. It provides channel partners with access to Carbon Black’s open application programming interfaces (APIs) and Predictive Security Cloud (PSC) endpoint protection platform to help organizations stop known and unknown cyberattacks.

Carbon Black in 2018: Here’s What You Need to Know

In addition to the launch of CBIN, Carbon Black has made several notable moves in 2018, including:

Carbon Black recorded total revenue of $53.4 million in the third quarter of fiscal year 2018, up 29 percent year over year. The company also reported 4,625 total customers during the time frame, an increase from 3,335 one year earlier.

Furthermore, Carbon Black has projected its 4QFY18 total revenue will fall between $55.3 million and $55.8 million and its total FY18 revenue will fall between $208.1 million and $208.6 million.

What Does the Future Hold for Carbon Black?

Carbon Black offers endpoint security solutions that combine threat prevention, detection, response, hunting and managed services, according to the business. It also provides application control, endpoint detection and response (EDR) and next-generation antivirus (NGAV) offerings that could help the company extend its reach in the global endpoint security market in the years to come.

Global endpoint security market revenues are projected to increase at a compound annual growth rate (CAGR) of 7 percent between 2017 and 2024, industry analyst Global Market Insights stated. The popularity of bring-your-own-device (BYOD) policies and rising need for network visibility are among the primary factors that are expected to drive this market’s growth.

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