RedSeal (redseal.co), the cybersecurity analytics company, today announced record-breaking financial results for the quarter ended Sept. 30. Bookings reached $13.6 million, the highest recorded in a quarter in the company’s history and more than double the year over year quarter. Leveraging new product innovations, RedSeal not only signed 16 new customers in the quarter but also expanded its presence in a number of important large enterprises.
“When we closed our Series C round of financing earlier this year, we made a calculated set of investments that is clearly beginning to pay off,” said RedSeal Chairman and CEO Ray Rothrock. “This included investing heavily in our engineering initiatives, which drives the innovation that separates us from competitors. We also positioned RedSeal to be a leader in cyber resilience. Further, we increased our professional services function to speed the time-to-value for customers.”