Highlights include:
- 43% year-over-year revenue spike
- Customer base now includes five of the top 10 Fortune 500 companies
- 222 employees spanning 37 states and 12 countries
- Technology now monitors 67 million-plus SaaS users, processes 2 billion events daily
- Only SaaS security platform with FedRAMP® In Process Designation
San Mateo, CA (February 27, 2025) — AppOmni, the leader in SaaS security, today announced it is surging into the new fiscal year with undeniable momentum: A 43% year-over-year revenue spike; a growing customer base that includes five of the top ten Fortune 500 companies; and a strong presence within the Microsoft Azure Marketplace. Its market success is matched with significant advances in AppOmni’s leading technology portfolio: It monitors 67 million SaaS users and processes two billion events daily, and is the only SaaS security platform with FedRAMP® In Process Designation, along with many other capabilities to assist in compliance initiatives. The company also continues to win accolades for its industry research and related services.
“We all know how hard it is for tech companies to sustain momentum in this competitive environment, and we’re gratified that our technology is being embraced by new customers and partners every day,” said Brendan O’Connor, CEO and co-founder of AppOmni. “SaaS applications have become the de facto operating system of digital operations, but security has not kept pace. Our mission is to continuously protect business-critical applications that power the enterprise with industry-leading threat research, expertise and unmatched product depth. We thank our customers and partners for validating our unique approach, and we pledge to stay ahead of the latest threats with solutions and services that are always expanding and advancing.”
Market growth
While many tech players register a slower growth rate as they get larger, AppOmni has continued to expand its client base at a blistering pace: The company recorded 43% growth over the previous fiscal year, with employees spanning across 37 states and 12 countries, including half the companies listed in the top 10 of the Fortune 500. It also acquired Omniscreen, with capabilities that encompass discovery and posture.
AppOmni builds on the premise that strong partnerships are essential for market expansion. Our worldwide solution provider partners see every day how legacy security tools fail to address the complex requirements of ensuring SaaS security. In these sprawling infrastructures, AppOmni alone provides channel and solution partners the comprehensive platform and customer-centric strategies they need to secure an enterprise’s critical SaaS footprint, and deliver enhanced visibility into cyber threats. In 2024, the company signed a new partnership with KPMG Canada to ensure operational continuity and cyber resilience for their organizations, along with continuing its collaboration with Protiviti to assess and operationalize SaaS security programs for enterprise clients.
“There are plenty of SaaS security options on the market, but most are traditional tools retrofitted for this environment, and they can’t cope with the dizzying variety of emerging threats,” said John Stevenson, Managing Director of Protiviti, a global consulting firm. “SaaS deployments are now integral to almost all enterprise operations, and the AppOmni Platform is uniquely suited to the demands of this vital environment. Our customers are quick to appreciate the visibility they get into potential vulnerabilities with this implementation, and they understand how this benefits their security posture. We look forward to continuing a long and fruitful partnership with AppOmni.”
Technology advances
In just the past few months, the company has unveiled a series of technology advances to deliver industry-leading identity and threat detection capabilities to protect critical enterprise SaaS environments. Among other benefits, the new features leverage powerful identity-centric analysis, mass-scale event monitoring and normalization, and a comprehensive dashboard to show trending risk and the overall security health of SaaS applications. The latest capabilities perfectly complement traditional ITDR and identity and access management (IAM) solutions from Identity Providers (IdPs) such as Okta. Working together, they help security professionals build stronger and more scalable SaaS defenses that boost security while reducing alert fatigue even more than before.
AppOmni also extended its reach into the Zero Trust foundation by releasing Zero Trust Posture Management (ZTPM), a solution set that dramatically strengthens security in modern infrastructures by bridging a critical gap in network-centric Zero Trust architectures. This framework provides an unprecedented level of visibility and monitoring into the configuration, security posture and user behaviors within SaaS applications, while enabling granular access and configuration management by ensuring mandatory single sign-on (SSO), multi-factor authentication (MFA), and least privilege configurations are enforced across the SaaS landscape from a single pane of glass.
AppOmni is also doing more than ever to help companies comply with burgeoning industry and government mandates. The company has officially achieved Federal Risk and Authorization Management Program (FedRAMP®) In Process Designation, marking a significant milestone toward full authorization. This allows AppOmni to engage federal agencies and brings it closer to delivering SaaS security solutions across the public sector. In partnership with Centers for Medicare and Medicaid Services (CMS), this new standard highlights the company’s commitment to meeting the highest security standards required by the U.S. government. It also delivered the first SaaS security compliance checks for the Cybersecurity Information Sharing Act (CISA) Binding Operational Directive (BOD) 25-01.
As a result of these and other advances, the AppOmni Platform is used to monitor well over 67 million SaaS users worldwide, which includes processing two billion events on a daily basis.
Deep security research
Over the past year, AppOmni has been at the cutting edge of SaaS security with a series of initiatives to bolster its own product development and heighten industry awareness of emerging risks. These include:
- Issuing “The State of SaaS Security 2024 Report,” the company’s second annual study, is based on a survey of security leaders from 644 organizations across six countries. It highlights key findings, industry discussions, illustrative anecdotes, and regulatory analysis.
- Uncovering a significant data exposure issue in Microsoft Power Pages, a software platform used by more than 250 million people a month to build websites; the research uncovered how public and private sector organizations were exposing millions of sensitive data records on the web because of incorrect configuration settings
- Research finding that private data belonging to companies around the globe, including Fortune 200 organizations, was exposed on the web from ServiceNow applications misconfigured for general public access
- Revealing a misconfiguration issue within the popular enterprise resource planning solution, Oracle NetSuite SuiteCommerce, used by organizations around the globe to create websites that exposed private customer information such as addresses and phone numbers
- Discovering that a misconfiguration in the Ireland national Health Service Executive’s (HSE’s) COVID Vaccination Portal inadvertently leaked private information on over one million Irish citizens, including their full names and vaccination status
Industry accolades and events
While winning over customers and partners with solid technologies, AppOmni has also won a wide range of industry recognitions during the past year and has a major presence in several of the top conferences. These include:
- Winning the 2024 CRN Stellar Startup in Security Award
- GigaOm’s inaugural Radar Report for SaaS Security Posture Management (SSPM) identified AppOmni as a Leader and Fast Mover, citing the company’s proactive approach to SaaS security as a key differentiator
- Gaining its Great Place to Work® certification
- Showcasing its technology leadership at more than 87 events, including RSA Conference, Black Hat—where the company presented talks about real world SaaS attacks and mitigation strategies and proactive threat detection and posture management—FS-ISAC, Cisco Live, and the Gartner Security & Risk Summit
Learn more about how AppOmni can secure your SaaS ecosystem and request a demo.
About AppOmni
AppOmni is the leader in SaaS Security and simplifies protection for business-critical SaaS applications. With AppOmni, security teams and SaaS application owners quickly secure their mission-critical and sensitive data from attackers and insider threats. The AppOmni SaaS Security Platform continuously scans SaaS APIs, configurations, and ingested audit logs to deliver complete data access visibility, secure identities and SaaS-to-SaaS connections, detect threats, prioritize insights, and simplify compliance reporting. Five of the Fortune 10 and global enterprises across industries trust AppOmni to secure their SaaS applications. SaaS applications.
Visit AppOmni.com, follow @AppOmni on LinkedIn, and watch SaaS security videos on YouTube.