Invicti Security and Application Scanning Technology
Now, George turns his attention to running Invicti Security. The company's flagship products, Netsparker and Acunetix, help security professionals identify web vulnerabilities and send them to developers for remediation, the company said. More than 3,000 customers currently leverage the tools to safeguard Web applications.Invicti expects to grow annual recurring revenue (ARR) more than 60% in 2021, and headcount is targeted to grow 40% in 2022. Still, actual revenue and profit figures were not disclosed.George succeeds founder and former CEO Ferruh Mavituna, who transitions to a strategic advisor role. Mavituna developed Netsparker's Proof-Based Scanning technology.Invicti Names Michael George CEO: Executive Perspectives
In a prepared statement about joining Invicti, George said:“The cybersecurity risk facing every enterprise today demands modern technology offering coverage at scale. For more than a decade and a half, Invicti has been at the forefront of addressing this difficult challenge, deeply partnering with their customers on their application security journeys and innovating products designed to deliver powerful coverage, accuracy and automation. It’s an honor to join this passionate and extremely talented team.”
"I am so proud to be on this journey with Invicti and to see it grow into the company it is today. We have always strived to exceed the needs of our customers and those on the front lines of application security, building products that make them more efficient in the critical work they do every day. It’s truly a privilege to serve thousands of these customers around the world today. I look forward to continuing to advise Invicti, and am excited to welcome Michael as he brings his keen focus on the customer and strategic vision to our next phase of growth.”
“Michael brings tremendous experience scaling companies, and building teams and cultures designed to support that growth, and we’re thrilled to add his perspective to the Invicti management team. We are pleased to close our investment in Invicti, and we look forward to working with Michael, the Invicti team and our co-investor Turn/River Capital to help accelerate the company’s global expansion and drive continued growth.”
Invicti Channel Partner Program
Invicti launched a global channel partner portal in August 2021. Also, the company as of 2020 had distribution relationships with:- Synnex Corporation (U.S.);
- Lidera (Spain and Portugal);
- Prianto Global (Europe and French-speaking Africa);
- Alpha Generation (United Kingdom); and
- Brainworks (Germany).
