Tenable

growth-positive

The article discusses three companies: Tenable, Array, and monday.com. Tenable, known for its Nessus vulnerability scanner, faces challenges with its growth strategy and profitability, despite some operational improvements. Array, a solar energy tracking systems manufacturer, struggles with weak sales and declining earnings, suggesting potential underperformance. In contrast, monday.com, a cloud-based work operating system, shows promising growth with a 30.4% increase in annual recurring revenue and projected revenue growth of 23.6% for the next year. This indicates strong customer retention and market share gains, positioning it as a growth-positive company.

growth-positive

Tenable Holdings, Inc. is highlighted as an undervalued stock with significant growth potential. The company, which offers cybersecurity solutions, is trading at a substantial discount to its estimated fair value. Despite slower revenue growth projections compared to the broader market, its earnings are expected to grow significantly, and profitability is anticipated within three years. Recent executive changes, including the appointment of a new CFO experienced in strategic growth, could enhance financial performance. Additionally, product expansions like Tenable AI Exposure are expected to strengthen its market position. The companys market cap is approximately $3.68 billion, and its revenue is primarily derived from its Security Software & Services segment.

growth-positive

Apex Security, an early-stage Israeli AI cybersecurity company, has been acquired by US-based Tenable for approximately $100 million. Founded two years ago, Apex Security had raised $7 million from investors including Sequoia, Index, and Sam Altman. The company specializes in modular security and AI, focusing on preventing model manipulation. Despite its short lifespan, the acquisition represents a significant return on investment. Apex Securitys technology is designed to secure AI models from exploitation, a growing concern as AI becomes more prevalent. The acquisition highlights the increasing importance of cybersecurity in the AI sector.

growth-positive

Tenable, an American cybersecurity company, is acquiring Israeli startup Apex Security for over $105 million. This acquisition marks Tenables sixth deal in Israel and aims to enhance its exposure management platform by integrating AI security capabilities. Apex Security, founded in 2023, has developed a platform that provides comprehensive visibility of AI activities within organizations, helping them enforce security policies and detect AI-related threats. Despite raising only $8.6 million, Apex is being acquired for a significant amount, highlighting its market leadership in AI security. The acquisition will also strengthen Tenables executive presence in Israel, aligning with its strategy to expand its cybersecurity capabilities.

growth-positive

Tenable, an American cybersecurity company, is acquiring the Israeli startup Apex Security. Apex, founded in 2023 by Matan Derman and Tomer Avni, has developed cybersecurity systems for AI and has raised $7 million from high-profile investors, including Sequoia Capital, Index Ventures, and Sam Altman. The acquisition marks Tenables sixth purchase in Israel since 2019, with the company employing around 250 people in the country. Tenable is publicly traded on Wall Street with a valuation of approximately $4 billion. The acquisition is expected to be officially announced soon.

growth-positive

The article discusses three companies with varying prospects. Varonis, a cybersecurity company, is highlighted positively due to its strong customer acquisition and high gross margins. It has shown an 18% growth in annual recurring revenue, indicating a solid product-market fit. In contrast, Tenable and Genpact face challenges such as slowing sales growth and poor expense management. Tenables revenue growth is below industry standards, and Genpacts earnings per share have lagged behind peers. The article suggests that Varonis has a promising outlook, while the other two companies may not be as attractive for investors.

growth-positive

Oddity Tech reported record Q1 2025 results, leading to a significant increase in its stock price by 24.1%. The company raised its full-year 2025 adjusted EPS outlook to $1.99-$2.04, up from the previous range of $1.94-$1.98. Despite the positive earnings report, JPMorgan and KeyBanc lowered their price targets for Oddity Tech to $50. The article also highlights mixed results in the tech and semiconductor sectors, with Seagate and Western Digital experiencing gains, while Super Micro and Nvidia faced declines. Overall, Oddity Techs strong performance and raised outlook indicate a positive growth trajectory.

growth-positive

Tenable, a prominent American cybersecurity firm, has formalized its leadership structure by appointing Steve Vintz and Mark Thurmond as permanent co-Chief Executive Officers. This decision follows an interim period after the death of founder Amit Yoran. The board praised the duos leadership during a transformative time and plans to appoint them to the board of directors. Under their interim leadership, Tenable expanded its customer base and completed the acquisition of Israeli startup Vulcan Cyber for $150 million, marking its fifth Israeli acquisition. The company continues to focus on providing real-time cybersecurity insights and has positioned itself as a leader in AI-powered cyber threat detection. Tenable serves over 44,000 customers globally and is known for its exposure management platform, Tenable One.

growth-positive

Tenable Holdings, a US data security company, announced its acquisition of Israeli cybersecurity firm Vulcan Cyber for $150 million. This acquisition, expected to close in the first quarter of 2025, marks Tenables third acquisition in Israel over the past five years. Vulcan Cyber, founded in 2018, specializes in reducing cybersecurity risks using advanced AI technologies. The acquisition aims to integrate Vulcans capabilities into Tenables platform, enhancing exposure management across the attack surface. Vulcan Cyber will continue operations in Israel, with plans to expand its development and sales teams. This move aligns with Tenables strategy to unify security visibility and expand its global presence.

growth-positive

Tenable, a Nasdaq-listed cybersecurity company valued at $5.3 billion, is acquiring Israeli cybersecurity firm Vulcan Cyber for approximately $150 million. The acquisition, expected to close in the first quarter of 2025, aims to integrate Vulcans technology into Tenables security exposure platform. Vulcan Cyber, founded in 2018, has raised $55 million and employs 100 people. The acquisition will enhance Tenables ability to manage security exposure across various platforms. The announcement follows the recent passing of Tenables CEO, Amit Yoran, with the company now led by Steve Vintz and Mark Thurmond. Vulcans investors include Maor Investments, Ten Eleven Ventures, and others.

growth-negative

Amit Yoran, the CEO of Tenable and a significant figure in the cybersecurity industry, passed away at the age of 54 after battling cancer. Yoran was known for founding influential companies like NetWitness and Riptech. Before stepping down from his role at Tenable in December to focus on his health, he appointed Steve Vintz and Mark Thurmond as Co-CEOs to lead the company. Tenable, a NASDAQ-listed cybersecurity leader, has been active in acquisitions, including acquiring Israeli cyber startups Ermetic and Eureka. Yorans passing marks a significant change in leadership for Tenable, impacting its future direction.

growth-positive

Vulcan Cyber, an Israeli startup specializing in vulnerability risk management, is in talks to be acquired by Tenable Holdings, a Nasdaq-listed American cybersecurity company with a market cap of $5 billion. The acquisition price is estimated to be in the hundreds of millions of dollars. Founded in 2018, Vulcan Cyber has raised $55 million to date, with its most recent Series B round in November 2023 raising $34 million. The round was led by Maor Investments and Ten Eleven Ventures, with participation from Dawn Capital and Wipro Ventures. Vulcan Cyber serves clients such as Deloitte, Skechers, and Mandiant, a Google subsidiary. The companys platform addresses vulnerabilities across various environments and is designed for large organizations.

growth-positive

Exposure management company Tenable has appointed Shai Morag as its Chief Product Officer. Morag joined Tenable last year after it acquired Israeli startup Ermetic, which he co-founded, for $265 million. In his new role, Morag will focus on cloud security, expanding the exposure management platform, and leveraging AI to drive efficiency. Prior to Ermetic, Morag served as the co-founder and CEO of Secdo, a cyber company that was acquired by Palo Alto Networks. He was also the CEO of Integrity-Project, a connectivity, networking, and security solutions company that was acquired by Mellanox.

growth-positive

Tenable Holdings, Inc. has announced its definitive agreement to acquire Eureka Security, Inc., a provider of data security posture management for cloud environments. The acquisition is expected to close within the month. Eureka Securitys technology will be integrated into Tenables CNAPP solution to help customers identify key evidence related to cloud data risk. The integration of DSPM will complete the current Tenable Cloud Security solution. The acquisition is not expected to have a significant impact on revenue this year.

growth-positive

American cybersecurity giant Tenable is in advanced negotiations to acquire Israeli cybersecurity company Eureka. The deal is estimated to be worth tens of millions of dollars. Eureka, founded in October 2021, has raised $8 million from venture capital fund YL Ventures and several leading cybersecurity entrepreneurs. Eurekas solution enables mapping of all existing data repositories across multiple cloud platforms, defining and implementing information security policies and risk management, while adapting to changing regulatory requirements and reducing the risk of sensitive data loss.

Growth-Positive

Israeli cybersecurity startup Ermetic is being acquired by US company Tenable for $265 million. The acquisition includes $240 million in cash and $25 million in restricted stock and RSUs. Ermetic, which has raised $100 million in total funding, provides a cloud-native application protection platform and cloud infrastructure entitlement management. The company laid off 30 employees in January, accounting for 17% of its workforce. The acquisition is expected to close in the fourth quarter of 2023.

growth-positive

Tenable has acquired Bit Discovery, a provider of external attack surface management (EASM), and will launch Tenable.asm, a new solution that provides a complete view of an organizations attack surface. Tenable.asm will continuously map the entire internet and discover connections to an organizations internet-facing assets, allowing for a comprehensive measure of overall exposure. The acquisition and the launch of Tenable.asm are expected to have a positive impact on Tenables growth. The article discusses the importance of understanding an organizations digital footprint and the need for continuous monitoring and remediation efforts. Tenable is integrating attack surface discovery into its existing cyber exposure solutions and will include new capabilities in Tenable.io, Tenable.sc, and Tenable.ep. The acquisition of Bit Discovery expands Tenables capabilities and addresses the security concerns of internet-facing assets.

growth-positive

Tenable Holdings, Inc., a Cyber Exposure company, has announced its plans to acquire Cymptom, a leader in attack path management. The acquisition will allow Tenable to integrate Cymptoms unique attack path analysis and prioritization capabilities into its own platform, providing a unified view of assets and vulnerabilities. This will enable security teams to preemptively focus response ahead of and during attacks. The acquisition is expected to close in the first quarter of 2022.

growth-positive

US-based Tenable Inc. has acquired Israeli cybersecurity company Indegy for a total price of $120 million. Tenable plans to open an Israeli development center based on the acquisition. Indegy develops cybersecurity solutions for industry and critical infrastructures. Since its founding, Indegy has raised $36 million. Tenable, a cybersecurity company listed on Nasdaq, has a market cap of $2.6 billion. The acquisition brings together two pioneers in IT vulnerability management and industrial cybersecurity.