Tufin Network Security Policy Management Launches IPO

Tufin, a network security policy and firewall management company, has launched an initial public offering (IPO) of 7.7 million shares priced at $14.00 per share.

Tufin's shares began trading on the New York Stock Exchange on Wednesday. In addition, Tufin's IPO is expected to close Monday.

Tufin offers the Tufin Orchestration Suite for security policy orchestration. The Tufin Orchestration Suite automatically analyzes security risks and designs, provisions and audits security policy changes.

Also, Tufin today supports over 2,000 customers worldwide. It helps organizations manage thousands of firewall and network devices and hybrid cloud infrastructure.

Introducing the Tufin MSSP Program

Tufin in October announced an MSSP program that enables MSSPs to offer "Tufin as a Service" in a consumption-based model.

MSSPs can leverage Tufin as a Service to automate network security policy changes, the company stated. They also can use Tufin as a Service to white-label firewall risk and compliance reports.

Furthermore, Tufin as a Service offers monthly billing based on actual consumption. It allows MSSPs to invest in the service with little to no upfront cost and align their monthly consumption charges based on revenues.