CAMPBELL, Calif., July 24, 2018 (GLOBE NEWSWIRE) -- Bitglass, the Next-Gen CASB,

today announced that The Wall Street Journal has placed the company at number one on its “Top 25 Tech Companies to Watch 2018” list. The annual list recognizes high-growth startups that are considered emerging leaders in the tech industry and have “attracted the attention of the tech community, and cash from venture-capital investors.”

Bitglass

was the sole cloud security solution and the only cloud access security broker (CASB) featured on the list. According to Gartner, “by 2020, 60% of large enterprises will use a CASB to govern cloud services, up from less than 10% today.”*

Deployed

across several hundred organizations in every major industry, Bitglass has emerged as the de facto standard for companies that need scalable security that automatically adapts to the rapidly expanding enterprise cloud footprint. The company has seen triple-digit customer and revenue growth every year since its inception in 2013, with a perfect record of customer deployment and industry leading renewal and expansion rates.

“This

recognition from the Wall Street Journal is the result of Bitglass' exceptional global growth and the strength of our technology,” said Rich Campagna, CMO at Bitglass. "We are constantly innovating ahead of the competition, delivering new products like our Zero-Day Unmanaged App Security that leverages machine learning to automatically protect new apps. Our must-have capabilities and excellent support staff continue to drive prospects and existing customers to choose Bitglass time and time again."

Bitglass

continues to propel the cloud security market forward with a platform that provides zero-day data protection, threat protection, identity management, and deep visibility into enterprise cloud applications. Bitglass’ unique, agentless architecture allows organizations to secure any application from any device, ensuring that the platform meets both current and future enterprise cloud security needs.

The

Wall Street Journal’s Top 25 Tech Companies 2018 list can be found online at: https://on.wsj.com/2z3PSRP.

*Magic

Quadrant for Cloud Access Security Brokers by Steve Riley and Craig Lawson, November 30, 2017

Gartner

does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About

Bitglass

Bitglass,

the Next-Gen CASB company, is based in Silicon Valley with offices worldwide. The company's cloud security solutions deliver zero-day, agentless, data and threat protection for any app, any device, anywhere. Bitglass is backed by Tier 1 investors and was founded in 2013 by a team of industry veterans with a proven track record of innovation and execution.

Press

Contacts:
Mike Kilroy
10Fold for Bitglass
(949) 235-0259
mike@10fold.com