Company Research Report: Portnox

Company Overview

• Name: Portnox

• Mission: Portnox is on a mission to deliver unified zero trust access control that brings together passwordless authentication, authorization, risk monitoring, and compliance enforcement to secure IT assets.

• Founded: 2007

• Founders: Ofer Amitai, Idan Kuperman, Nir Aran, Ben Kapuler

• Key People:

• Denny LeCompte (CEO)

• Said Aziz (COO)

• Bryce Birdsong (CFO)

• Joseph Rodriguez (CRO)

• ML Carvalho (CMO)

• Jeremy Morrill (CPO)

• Karlo Zatylny (CTO)

• Galen Jeffrey (VP Finance & Accounting)

• Alison Dixon (VP Operations & HR)

• Headquarters: New York, NY (North American headquarters since 2014)

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Portnox is recognized for its cloud-native zero trust access control solutions, enabling organizations to proactively address security challenges such as the rapid expansion of enterprise networks and the shift to zero trust security models.

Products

• Zero Trust Network Access (ZTNA):

• Description: Portnox’s Zero Trust NAC provides total awareness and control over all network endpoints, deploying policies for risk mitigation and compliance enforcement across networks, applications, and infrastructure.

• Key Features:

• Unified Access Control

• Passwordless Authentication

• Risk Monitoring

• Endpoint Remediation

• Cloud RADIUS:

• Description: Provides cloud-native RADIUS services, ensuring secure network access without the need for on-premise installations.

• Key Features:

• Scalability

• Enhanced security measures

• Conditional Access for Applications:

• Description: Extends Portnox's suite of security measures to applications, providing conditional access control for both on-premise and SaaS applications.

• Key Features:

• Passwordless authentication

• Automated risk management

• Compliance enforcement

• Cloud TACACS+:

• Description: Cloud-based TACACS+ solution for AAA services that help secure network devices.

• Key Features:

• Administrative control of network devices

• Cloud-native management

Recent Developments

• New Product Launches:

• In 2024, Portnox launched the zero trust Conditional Access for Applications to enhance security for both on-prem and SaaS applications.

• Awards & Achievements:

• In 2024, recognized by CyberSecurity Breakthrough Awards as the Policy Management Solution Provider of the Year.

• In 2021, achieved ISO 27001 certification for information security management.

• Funding and Investments:

• Closed $22 million Series A funding round with Elsewhere Partners in 2022.

• Partnerships:

• No specific information about new partnerships was found.

Additional Information

Certifications

• ISO 27001: Portnox was certified indicating compliance with international standards for information security.

• SOC 2 Type II Certification: Achieved for the Portnox CLEAR NAC-as-a-Service platform, ensuring security, availability, and privacy standards.

Historical Milestones

• 2017: Launched Portnox CLEAR, the first cloud-native NAC.

• 2015: Co-founder Ofer Amitai named CEO.

Portnox continues to innovate and adapt to evolving cybersecurity threats, offering solutions that meet the rigorous demands of modern enterprises. It remains a formidable player in the realm of network access control and security solutions, helping businesses navigate the complexities of hybrid work environments and increasing device connectivity.