The target here is a highly sought after SaaS model in the multi-billion-dollar, burgeoning Cyber Security market. In addition to the company’s growing cash flow, it has developed Intellectual Property, including code for its web application and all appliances, and featuring a branded, proprietary software platform that is both user-friendly and comprehensive.
This technology company offers network security as both a service and in a subscription model to an already established client base that includes six-figure-accounts with federal government agencies, among others. They offer Information Security consulting services and specialize in conducting penetration testing. Customers hire this innovative company to identify weaknesses in their computer systems and networks before hackers find and exploit them. Engagements can span from 2 weeks to yearlong contracts.
Recognizing the limitations of the business model, and coupled with a need in the Information Security consulting space for innovation, the company developed a software tool that acts as a continuous penetration testing service, which should also be considered a Vulnerability Management as a Service platform.
Featuring year-over-year growth and a great deal of opportunity at immediate and multi-directional scale, this Cyber Security innovation leader is primed to continue market share domination and growth in both the public and private sector markets. The company does not currently utilize a sales force, which is absolutely critical to growing a software company. By bringing in a sales force, and filling in the operational gaps usually found in smaller software companies, this business can increase its revenue stream 10 times in one year.
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