News

November 21, 2024

Original press release published here.

SUNNYVALE, Calif. – October 24, 2024 – Cequence Security, a pioneer in API security and bot management, today announced it ranked number 307 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology companies in North America. Cequence achieved a remarkable 397% growth rate over the past three years.

Cequence is committed to addressing the growing threat of API attacks by providing robust and scalable security solutions. The company has achieved significant growth and recognition in the industry, including partnerships with leading organizations and awards for its innovative solutions. Cequence's focus on product innovation, customer success, and industry leadership positions it as a key player in the API security market.

“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. “Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program’s history. This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”

“Innovation, transformation and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”

This announcement follows several notable Cequence milestones in 2024, including:

Significant Growth: Achieved a 100% increase in new logos, a 117% year-over-year growth in new ARR, and an 81% expansion in average deal size.

Industry Recognition: Won multiple prestigious awards, including Inc.’s Best Workplaces and G2’s Best API Security Solution and Top Rated API Security Software.

Strategic Partnerships: Added 15 new reseller partners to expand market reach.

Product Innovation: Launched new features for enhanced security, including the industry’s first and only API security testing suite for Gen AI applications, support for diverse environments, real-time threat detection, and advanced API security testing.

“We are honored to be recognized as one of North America's fastest-growing companies,“ said Ameya Talwalkar, CEO at Cequence. “This award reflects our team's dedication to solving one of today’s most pressing security challenges. As organizations increasingly rely on APIs in the AI era, we're committed to empowering them to protect their digital assets. Our comprehensive solution detects and prevents attacks while also equipping security teams with the tools to respond effectively to the latest threats."

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