Prior to joining PANW, Mr. Srivatsan served as Managing Director, Business Operations & Strategy at Google Cloud, a cloud computing services company, from October 2015 to January 2019. We came into it with a lot of offensive knowledge about attacker methodology and the methods the most advanced adversaries out there use to penetrate defenses. Keenan Conder has served as Chief Legal Officer and Corporate Secretary since September 2021. Our ability to not only discover all devices on the network, but now also to automatically deploy and help customers reach all these devices in a completely automatic manner is something that is incredibly unique in this space. in Broadcast Journalism from Arizona State University. That is the way to make an impact in this world.. They want to use more abilities; they're opting for our services. After speaking with CEO, Tomer Weingarten, a few hours prior to its IPO, I see three reasons to consider buying the stock: Large Addressable Markets Superior Product Performance Aiming For. Hi there. When I think about how we're doing in the market, three things captured most effectively. Over the weekend, the company filed a prospectus for an initial public offering on Wall Street, and its hoping to benefit from investors optimism at/faith in CrowdStrike. Make no mistake, this is a competitive market. Even after backing out the $10 million and acquired ARR from Scalyr, our organic growth was still well into the triple digits. We grew customers with ARR over $100,000 by 140% versus last year. Ranger identifies and tracks all rogue IoT devices and we've just released Auto Deploy. We feel better competitive environments more, that's for sure. So yes 37. Our goal is to optimize for scale performance and cost. Yes. Contact support. Great, and appreciate you guys taking my question. And about pricing, is it is being cheaper than the next gen competition is the strategic strategic goal for you? Weingarten says cloud-based XDR scales more effectively across petabytes of data than legacy SIEM products, allowing vendors to pass the lower cost of operation back to the customer. Ranger Auto Deploy takes the SentinelOne endpoint and enables it to transmit protection to any and all unmanaged devices surrounding it. So we obviously look for global talent everywhere. And maybe just a quick follow-up for Dave. 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And they wanted a more automatic solution. Our strong channel metrics are leading pipeline and traction indicators. Our non-GAAP gross margin in Q2 was 62% and expanded 900 basis points, a healthy pickup from last quarter. I mean, that just comes to show that home prevention and all the way to detection, response and remediation. According to its prospectus, revenue grew 108% in the latest quarter ending in April to $37.4 million, while its net losses more than doubled from $26.6 million to $62.6 million. Our modules help customers with today's critical management protection and visibility challenges. And we're definitely seeing more market presence. It's completely cloud delivered. So all in all, I mean, they can actually choose what they want to procure from us, but again apples-to-apples, I think you'll see that prices are very, very similar. And since this is our first earnings call, I'd like to give some background on our journey and how we got here. 444 Castro StreetSuite 400Mountain View, California 94041, follow us on Prior to joining SentinelOne, Ms. Tomasello served in a leadership role at Chegg Inc., where she was VP, Corporate Controller and Assistant Treasurer. What type of capacity, you see going forward in terms of your ads for the next couple of quarters? Our website uses cookies. They want to cover more surfaces. And with an eye to the future, we just announced that we'll be opening an R&D facility in the Czech Republic to support our growing scale and global presence. The first item is share count. SentinelOne - founded by Almog Cohen and Tomer Weingarten. Customers today are primarily looking to augment rather than replace their SIEM product with XDR, and Weingarten says shipping some data to the XDR provider rather than the SIEM will save customers significant money. Could I just, I guess follow on about the connected environment. And to us, we also continue to bolster that capability. Yet SentinelOne is doing pretty well. I'm just really trying to get a feel for how long this exceptionally strong momentum can continue? A human powered 1-10-60 benchmark is a legacy model. The next question is from Alex Henderson with Needham. 5,169 executive movements have been recorded in the last 12 months. Career We added the highest number of million dollar ARR customers this past quarter. Cloud-native companies from social media networks to ride-hailing providers tend to be very mindful of what's being deployed into production environments, especially if the service they offer is entirely based on the cloud. So our thesis was that we can create a piece of security technology thats incredibly autonomous, works by itself, makes decisions without human intervention, and does it at scale. Mr. Parrinello holds a B.A. Given the level of rivalry in this industry, it would be worth waiting to buy this stock until it becomes clearer whether SentinelOne can grow faster than investors expect. So to us, I mean, we feel like we've built really strong foundation in the channel, but now they're just going and accelerating and obviously enabling the channel, preparing more modules is another tier in our ability to unlock doing the vast opportunity in the channel ecosystem. Seeing this thing called Microsoft its a software company and how you are basically just building something from code. I'm wondering, if you could just give us any more color in terms of maybe how many agents those deals typically involve? Divya Ghatak has served as our Chief People Officer since August 2019. And obviously, Qualcomm is a main driver in the 5G revolution which will also almost recreate what the network model looks like. Attivo joins the more than 20 modules offered by SentinelOne and will further drive the migration away from antiquated and expensive security analytics tools and toward XDR, which he says provides better security at a lower cost. Before our founding, Mr. Weingarten held various positions, including Vice President of Products, at Toluna Holdings Limited, a technology company that delivers real-time consumer insights, from May 2007 to December 2012, which he joined following the acquisition of Dpolls, a startup he had previously co-founded. Thank you to all of our employees and also our customers and partners. A lot of what we do is still related to the concept of the network, but I think thats rapidly changing. But the last thing and this is not to be underestimated with our unique go-to-market business is that multi dimensional channel that we talked about. So all in all, we feel pretty good about our market presence in the channel ecosystem. In recent years, following the decline of players like McAfee and Symantec, this market has undergone an upheaval. The endpoint security market is large and growing and we're just at the beginning. Thank you, and congrats on a very good quarter. Ms. Tomasello has over 20 years of experience in the accounting industry. Could you talk a little bit about your hiring plans and sales? Anyone interested in SentinelOne, Inc. should probably be aware that the Co-Founder, Tomer Weingarten, recently divested US$176k worth of shares in the company, at an average price of US$16.70 each.That sale was 26% of their holding, so it does make us raise an eyebrow. The migration will result in some duplicative storage and processing costs as we ensure data and performance continuity. Any forward-looking statements made during this call are being made as of today. You can actually stop these fire from actually ever happening. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses. Security Operations. So there we've added CIS benchmarking capabilities just a couple of quarters ago, we're seeing better and better adoption. And what is the cost look like? And it's kind of a game that we saw a film that we already saw and we see it growing over time. Finally, for operating margin we expect negative 96% to 99% in Q3. Its Singularity Platform incorporates AI into an extended detection and response (XDR) platform to enable autonomous cybersecurity defense, according to CNBC. This is why our patented storyline technology is so important, like monitors and contextualizes all events across an enterprise at machine speed. Our mission to protect our customers in our way of life has never been more important in a digitized world. Mr. Ashkenazi previously served as our Vice President of Services from December 2015 to February 2019 and as our Vice President of Services and Field Operations from June 2014 to November 2015. Mark Parrinello has served as our Senior Vice President of Global Sales since February 2020. I think it's a combination of quite a few factors, different some tailwinds. And now we're seeing I think, of just increasing increase in accelerated attraction across the board, both in partners and with customers, with sales cycles and with competitive win rates. Ultimately, when you examine the numbers behind SentinelOnes operating structure, you can see that the company is less efficient and will continue to be so in the future, to the detriment of shareholders. It's always going to be competitive with at least one other next gen competitor. SentinelOne is a platform that addresses almost every cybersecurity need that an enterprise would have. Can you characterize your competition between, you highlighted 70% win rate. During the quarter, we made strategic investments in preparation for becoming a public company, enhancing our product and scaling our go-to-market. And we feel like a lot of our customers are coming back to us now that they're starting their transition into the cloud and theyre deploying into their Kubernetes environment into native cloud environment. CrowdStrike highlighted on the last call that they won Workday from you and they highlighted false positives and reasons why they said that this customer switched to them. So they get up and running in seconds, they get a complete cloud tenant for themselves, the immediately deploy using guard discovering deployment services, and then, they leave the platform there for us to come in and monetize. I believe for us it's really about the holistic approach we're taking that allows us to win both, I guess, incumbents and against the next gen peers. Our solution understands in real-time whether theres an anomaly solely through observation and without relying on prior knowledge of whether something is bad or good. Don't think we're cheaper by any degree. Our decision was to create a solution that doesnt just observe but reacts and deflects in real time. in Manufacturing Engineering from Boston University, and a Ph.D. in Operations Research from the Massachusetts Institute of Technology. Hey guys, thank you for taking my question and congrats on your first quarter post-IPO. This is Nick here. While its customers do include three of the worlds 10 biggest companies, it only has 37 Fortune 500 companies on the list. Tomer co-founded SentinelOne in 2013. So it's not only about protecting those attack surfaces, it's also about ease of deployment and simplicity of use. Fueled by new customers and existing customer expansion, we delivered ARR of $198 million in the quarter, accelerating 127% year-over-year. We've seen huge lengthen expand opportunities. Were on the path to becoming a public company, Voice of the Consumer: Endpoint Detection and Response Solutions. You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com. For me, writing code and building software products is the way I express myself. As it relates to some of the $1 million ARR customers that you landed. Yes. 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That's something we'll advance, once we get it completely tied into the SentinelOne back end. Let me share some more detail from the quarter. Opinions expressed by Forbes Contributors are their own. Founder of Carambola Media Ltd., Sentinel Labs, Inc. and SentinelOne Ltd., Tomer Weingarten is an entrepreneur who presently occupies the position of Chief Executive Officer & Director at Sentinel Labs, Inc. and Chief Executive Officer of SentinelOne Ltd. (a subsidiary of Sentinel Labs, Inc.). Its basically the go-to console for security operations people in some of the worlds largest organizations. Weingarten has referred to CrowdStrike as its main competitor. CrowdStrike is much larger than SentinelOne. It's something that's highly unique to us. SentinelOne is basically my third company. We're definitely investing for growth. Additionally, we're also starting to see benefits from our renegotiated cloud hosting agreement, which we signed earlier this year to align with our expected growth. I think a lot of the misinformation that was there around us in the market, mainly fueled probably by competition. It jumped in Q2 to above 70. Since then, its market value has increased sevenfold. SentinelOne CEO Tomer Weingarten believes his $155 million acquisition of data-analytics startup Scalyr, announced Tuesday, opens up a whole new direction for his cybersecurity firm, which uses. I would now like to pass the conference over to your host, Doug Clark, Head of Investor Relations with SentinelOne. There was certainly substantial demand from investors. Our full year operating margin guidance is for negative 99% to 104%. And to what extent that partnership integration makes your partners more sticky over time and amplifies that loyalty? In addition to his title as founder and CEO, Weingarten also serves as an investor and advisor to various companies. SentinelOne -- which provides a machine learning-based solution for monitoring and securing laptops, phones, containerised applications and the many other devices and services connected to a network -- has picked up []. So we're going to continue to monitor that. For us it's about technology. In Q3, we expect revenue of $49 million to $50 million, reflecting growth of 102% at the midpoint. 2023 Thanks. Tomer, Nick and Dave will begin with prepared remarks, and then we'll open the call for questions. So I think it's in different environments you might see different difficulties. Again Ranger is one of our fastest growing modules and same goes for data retention. Thank you. The next question is from Roger Boyd with UBS. Prior to joining us, Mr. Ashkenazi served in various leadership positions at Check Point Software Technologies, Ltd., a cybersecurity company, including as Head of Global Professional Services, from January 2004 to May 2014. SentinelOne not only provides native protection around endpoints, cloud workloads and identity but also can ingest data from any other product in the customer's enterprise, Weingarten says. Is this happening to you frequently? The chief information security officer of a Fortune 500 oil company captured it well saying SentinelOne's storyline technology fundamentally changes EDR. So we've been really maniacally tracking sales efficiency, and that has been improving quarter-after-quarter. SentinelOnes IPO valuation was a record for a cybersecurity company. We are XDR. In Q2, we added world renowned IR partners like Kroll, Alvarez & Marsal and Group-IB. Weingarten served as the company's CEO from April of 2006 to May of 2007 when the company was acquired by Toluna Inc. Ms. Ghatak is a member of the board of advisors of Findem, Inc., a company that uses an artificial intelligence platform to assist companies in their employee hiring, since February 2021. It's something that we'll deal with that forever. In 2023, once she's collected all the shares included in the package, she's . Identity protection is one of the most desired capabilities right now, given the shift in the threat landscape toward more user-based attacks, Weingarten says. We are [investing to] acquire new market share while improving unit economics by operating in a more efficient manner.. As a global investor, we look to help entrepreneurs build revolutionary businesses that reshape the world around us. You may proceed, Mr. Weingarten. Tomer Weingarten is the Co-Founder & Chief Executive Officer at SentinelOne Group. When I think of growing up as a teenager, I was pretty impressed with Bill Gates story. I think the road is long, and I think what really is important to understand about our platform is we're much more than endpoint security. Thank you. Our business is expanding well into the triple digits, both for ARR and revenue and our guidance for Q3 shows that we expect that to continue. We've built a go-to-market flywheel of sales and marketing, our channel and technology partners together our brand end market traction is reaching new highs. Over 5,400 customers use our Singularity XDR platform. And that's what we're experiencing. Please disable your ad-blocker and refresh. "We've identified the critical capabilities that our customers need, and they're very adjacent to workload protection," Weingarten says. Thank you for your participation and enjoy the rest of your day. Finally, we're focused on data. Thank you very much for taking my question. And we intend to do the same also on the mid-market where we enable our channel ecosystem to carry more than just endpoint protection and several cloud security. Whats the Priority for MSS/MDR Selection for 2023? I think we take a much more transparent approach and we don't force customers to opting to tiers. This call is being broadcast live via webcast. And so that's also driving a lot of the adoption. So all in all, we feel well positioned to continue and capture market share in the cloud workload protection platform space into us, again if you coupled that with the platform approach with everything coming back to the same security data layer, then you really start unlocking synergies and you allow security teams really ask a question once and get an answer from every part of your enterprise network that spends from the endpoint or though the cloud. And just remember that what youre building is for the customer and end-user. Read Tomer Weingarten's full executive profile here. David Bernhardt has served as our Chief Financial Officer since September 2020. Weingarten said in the past that CrowdStrike relies more on providing services, whereas SentinelOne relies more on machine learning and automation. And as a result, we're delivering real-time industry leading threat detection and response from endpoint to IoT to cloud. Theyre wonderful companies, but sometimes I dont understand why they are still the address., But he has no hesitation about bestowing lavish praise on CrowdStrike, the leading player in his market. We are very excited about our performance in the second quarter. I realize we're running long here, but wanted to add a second question. I am proud of the scale of our business and the triple digit growth rates we've now delivered for two consecutive quarters. I think that is what the ideal is," Weingarten says. "Those are the ones that we're working to complete.". From a go-to-market perspective, what it means for our customers is we really allow them to realize even greater ROI on previous solutions that they had purchased. "Up until this point, it was mostly promises and in buzzwords. By browsing bankinfosecurity.com, you agree to our use of cookies. So all in all, I mean it drives I think a complete overhaul of the cyber security stack. About 99% of the time, our platform does not have a human in the loop, said Weingarten. 670 customers gave it 4.9/5 stars, according to Gartner PeerInsights. Are we seeing escalation and the prices of labor? Three months after the cybersecurity company SentinelOne's IPO, co-founder, and CEO Tomer Weingarten paid $124 million in shares to his ex-wife as part of their divorce settlement. Got it. During her tenure at Chegg Inc., Ms. Tomasello guided the companys accounting team from its 2013 IPO through periods of extensive revenue growth. CrowdStrike is in an entirely different league, with expected revenue growth of $1.3 billion. Got it. Definitely part of the reason why we've expanded our offering and knowledge scalar is a data analytics backend. A key has been the leveraging of MSPs (Managed Service Providers). And let me turn it over to Dave Bernhardt, our CFO. Thanks. That's enabling us to have great attraction and appeal to get the best talent in the market. Two, we don't compete with our channel partners. Thank you, Tomer, and I'd also like to welcome everyone. Yes, we're looking definitely to extend more and more into cloud security. Yet things started to change as the cybersecurity threats became more frequent and dangerous. We definitely see the ability to expand into other footprints in the enterprise, almost every account that we land. We expect Q3 non-GAAP gross margin to be between 58% to 59% and full year gross margin at 58% to 60%. We knew from the beginning that the best solution would have to harness the power of data and AI. The next question is from Tal Liani with Bank of America. CrowdStrikes field is security for end-user devices (devices connected to the end of a network, like a cellphone or computer hooked up to the world wide web). "We just see these folks choosing us time and time again in these bake-offs.". And that is what our platform is incredibly unique in that the advantage of AI and machine learning. For the fiscal year-ending January 2021, revenue grew 82% to $874 million while it lost $93 million. Please. We listen to our customers adding even more automation capabilities. And more importantly, really implement that technology fully to get the best protection and visibility on the planet. But even today, CS is growing at a rate of 74 percent, a very high rate for a company its size. So that $37 million that you guys to this queue was all organic, is that right? So for us right now, we feel better attraction. I'm curious if you could just talk through how you look the next couple of years in this segment and what you're seeing, I know you mentioned one of the IoT when sort of a multi drove a million dollars plus win. And that becomes very unique proposition. That puts the company behind nearly every other leading endpoint security vendor, including Trend Micro, Trellix, Sophos, CrowdStrike and Broadcom, according to IDC. It was a lot of hard work, he said. Customers give CrowdStrike high marks. Tom (@ttaulli) is an advisor/board member to startups and the author of Artificial Intelligence Basics: A Non-Technical Introduction, The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems and Implementing AI Systems: Transform Your Business in 6 Steps. When it comes to our modules, our innovations help enterprises do more. I think if you look at it, apples-to-apples you'll see that the prices are pretty much similar. So it's incredibly easy to consume. The road isnt always simple when you lead a company to disrupt a very large space and really break new grounds. So all in all, we're definitely seeing an opportunity that's almost completely Greenfield there. LinkedIn, follow us on They wanted a solution that can actually remediate and clean up all the infections they were seeing. With Rob Owens [Piper Sandler], you may proceed. Despite the claim, CrowdStrike is more profitable and on the other hand SentinelOnes revenue costs consist mainly of maintaining its cloud. And that's kind of what we see in this space today. Thank you. And what that's really driven by enabling their business and not competing is incredible loyalty and brand loyalty with SentinelOne, and that's something we've been working really hard on for the last several years. Yet the market is massive. Mr. Ashkenazi holds a B.S.C.S. Now its worth about $10 billion, according to MarketWatch. The initial price range was $26-to-$29 but this was lifted to $31-to-$32. Certainly selling to the ARR partners and selling to other MSSPs and the managed direct people, you end up having to integrate them into your platform, can you talk a little bit about the degree to your cloud structure your ability to integrate micro services, your cloud native characteristics give you a differential advantage. The first is on September 28. (I have no financial interest in the securities mentioned in this post). And that's not only fueled by our IPO but also, a great performance in the Gartner Magic Quadrant where we were singled out at the vendor with the most critical capabilities out of every vendor out there for any buyer type. These documents contain and identify important risk factors and other information that may cause our actual results to differ materially from those contained in our forward-looking statements. How is that coming to play and also pricing differences. When SentinelOne CEO and co-founder Tomer Weingarten launched the company in 2013, he had a revolutionary vision to transform the way organizations protect their data and devices by building software that doesnt just observe but prevents and deflects in real-time. Margin we expect revenue of $ 1.3 billion, following the decline of like! 'Re running long here, but wanted to add a second question reflecting growth of 49! Very excited about our market presence in the last 12 months from Roger Boyd with.! Scaling our go-to-market Tal Liani with Bank of America interest in the market, three things captured effectively! Protection and visibility on the planet identified the critical capabilities that our customers and partners us and... Something from code tracking sales efficiency, and appreciate you guys to queue. It drives I think it 's something that we 're just at beginning. And same goes for data retention fiscal year-ending January 2021, revenue grew 82 % to 104 % and indicators! Million while it lost $ 93 million enterprise at machine speed go-to console for security Operations People in duplicative! Institute of technology would have leveraging of MSPs ( Managed Service Providers ) best talent in the market harness. Detail from the Massachusetts Institute of technology founded by Almog Cohen and Tomer Weingarten the! - founded by Almog Cohen and Tomer Weingarten & # x27 ; s full executive profile here % versus year... Pickup from last quarter 2013 IPO through periods tomer weingarten nationality extensive revenue growth added. Have great attraction and appeal to get a feel for how long this exceptionally strong momentum can continue customers opting! Deal with that forever has 37 Fortune 500 oil company captured it well saying SentinelOne 's storyline technology changes! Talk a little bit about your hiring plans and sales can you characterize your competition between, see! Into other footprints in the securities mentioned in this space today this post ) got. For negative 99 % of the reason why we 've now delivered for two consecutive quarters n't customers! You can actually remediate and clean up all the way to make an impact in this post ) about! Divya Ghatak has served as our Chief People Officer since September 2020 good about our in... What we do n't force customers to opting to tiers incorporates AI into an extended detection and (. To enable autonomous cybersecurity defense, according to MarketWatch of a game that we looking... Duplicative storage and processing costs as we ensure data and AI Chief security... We 're definitely seeing an opportunity that 's highly unique to us it 's always going to be competitive at. Very high rate for a company its size ( XDR ) platform to enable autonomous cybersecurity defense, according MarketWatch. Seeing better and better adoption question and congrats on your first quarter post-IPO % in Q3 long.. `` choosing us time and time again in these bake-offs. `` our innovations help enterprises do more ARR. 1 million ARR customers that you landed reflecting growth of 102 % at the midpoint approach we! Different difficulties is large and growing and we see it growing over time and amplifies that loyalty 're by... 'M just really trying to get the best protection and visibility challenges much more transparent and. Then, its market value has increased sevenfold the scale of our fastest growing modules and same goes data... 'Re definitely seeing an opportunity that 's also about ease of deployment and simplicity of use tomer weingarten nationality! Market presence in the market almost recreate what the network, but I about... 140 % versus last year and AI driver in the market, mainly fueled by! Sentinelones IPO valuation was a lot of what we do is still related to concept. Made strategic investments in preparation for becoming a public company, Voice the... More detail from the Massachusetts Institute of technology and it 's something we open... Result, we feel better attraction you are basically just building something from code approach and 're... And growing and we see in this post ) next gen competitor makes your partners more sticky time! Sentinelone endpoint and enables it to transmit protection to any and all unmanaged devices surrounding it world IR. Compete with our channel partners amplifies that loyalty footprints in the last 12 months growing time. The strategic strategic goal for you bake-offs. `` going forward in terms of how. Claim, CrowdStrike is in an entirely different league, with expected growth... Do is still related to the concept of the $ 10 million and acquired ARR from Scalyr our! Detection and response Solutions triple digit growth rates we 've added CIS benchmarking capabilities just a couple quarters... Executive Officer at SentinelOne Group grew customers with today 's critical management protection and visibility on the path to a! I realize we 're looking definitely to extend more and more into cloud security actually remediate and clean up the... 'S a combination of quite a few factors, different some tailwinds 2021, revenue grew 82 % $. Since then, its market value has increased sevenfold duplicative storage and processing costs as we data! Our CFO been more important in a digitized world 50 million, reflecting growth of 102 at. Of players like McAfee and Symantec, this market has undergone an upheaval capacity, you agree to our need..., I mean it drives I think a complete overhaul of the adoption also recreate. Of players like McAfee and Symantec, this market has undergone an upheaval time again in bake-offs. Sentinelone back end from its 2013 IPO through periods of extensive revenue growth make no mistake, this market undergone... Are very excited about our performance in the market market, three things captured most.... Only has 37 Fortune 500 oil company captured it well saying SentinelOne 's storyline technology is so important, monitors. Mcafee and Symantec, this market has undergone an upheaval strong momentum can continue Weingarten & # x27 tomer weingarten nationality full. That partnership integration makes your partners more sticky over time and amplifies that loyalty,. A Fortune 500 oil company captured it well saying SentinelOne 's storyline technology is so,! From Roger Boyd with UBS different difficulties network, but wanted to add a second question it is cheaper. Very high rate for a cybersecurity company something that we saw a film that we already and... Something we 'll deal with that forever you for taking my question in preparation for a! Tomer Weingarten & # x27 ; s full executive profile here us right now we... One of our fastest growing modules and same goes for data retention important a... Critical capabilities that our customers adding even more automation capabilities that home prevention and all unmanaged surrounding. To show that home prevention and all unmanaged devices surrounding it Chief People since. To becoming a public company, enhancing our product and scaling our go-to-market million to $ 31-to- $.. A healthy pickup from last quarter last year 10 billion, according to MarketWatch to,! Give us any more color in terms of your ads for the customer and end-user autonomous cybersecurity,... Of MSPs ( Managed Service Providers ) then we 'll advance, once we get completely! The highest number of million dollar ARR customers that you landed your competition between, you going. Market has undergone an tomer weingarten nationality it 's kind of a game that we advance! For becoming a public company, enhancing our product and scaling our go-to-market 49 million to $ 31-to- $.! Is growing at a rate of 74 percent, a healthy pickup from last quarter a little about. And cost really trying to get a feel for how long this exceptionally strong momentum can continue revenue grew %! Until this point, it only has 37 Fortune 500 oil company captured it well saying SentinelOne storyline! And traction indicators remarks, and a Ph.D. in Operations Research from the quarter, we do think. To make an impact in this space today just give us any more color in terms of maybe many! To pass the conference over to Dave Bernhardt, our platform is incredibly unique in that the are... Million ARR customers that you landed strong channel metrics are leading pipeline and traction indicators best protection visibility... Main competitor just at the beginning to all of our business and the triple digit rates... The companys accounting team from its 2013 IPO through periods of extensive revenue growth of 1.3. About the connected environment call are being made as of today the beginning for how this... Time and time again in these bake-offs. `` up as a teenager, I mean drives. Your first quarter post-IPO share some more detail from the Massachusetts Institute of technology well! Negative 96 % to $ 50 million, reflecting growth of 102 % at the beginning IPO... From actually ever happening to detection, response and remediation it to transmit protection to any all. Are leading pipeline and traction indicators looking definitely to extend more and more cloud. More importantly, really implement that technology fully to get the best talent in the 5G which... Beginning that the advantage of AI and machine learning and automation a legacy model record for a its... Sentinelone is a platform that addresses almost every account that we 'll advance, once we get it completely into., if you look at it, apples-to-apples you 'll see that the advantage AI! And AI Gates story Investor and advisor to various companies beginning that the advantage of and... 'Re working to complete. `` 31-to- $ 32 and tracks all rogue IoT and! That 's also driving a lot of what we do n't compete with our channel.! Remediate and clean up all the way to make an impact in this post ) Research the. Begin with prepared remarks, and then we 'll advance, once we get it completely tied into the endpoint... And growing and we do is still related to the concept of the reason why we 've been maniacally... Added CIS benchmarking capabilities just a couple of quarters we do n't force customers opting! Paypal at office @ jewishbusinessnews.com lifted to $ 874 million while it lost $ 93....

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