Feb 19, 2020   SOURCE: PR NewsWire

Acceptto Announces 2X Year-Over-Year Growth Over Last 12 Months

PORTLAND, Ore., Feb. 19, 2020 /PRNewswire/ -- Acceptto, a leading provider of Continuous Behavioral Authentication(TM), today announced a landmark year for the company, with enhancements to its unified and continuous authentication identity access platform, integrations with leading cloud platforms, significant certifications, amplified customer satisfaction and noteworthy industry recognition. These developments demonstrate the company's continued leadership in providing passwordless authentication solutions designed to protect enterprise customers, workforce and partners against account takeovers and data breaches, including post-authorization.

As organizations of all sizes undergo changes in today's connected society, it is critical to ensure security doesn't impede development. Acceptto's ability to support businesses in this context delivered significant results in 2019, including:

    --  Revenue Growth: Acceptto entered 2020 with a 2X year-over-year growth in
        the last 12 months. This growth was fueled by new customers, as well as
        expanded deployments within the company's installed base.
    --  Customer Count: At the end of 2019, Acceptto doubled its customer count
        serving organizations listed in Fortune 100 top 10 healthcare, large
        enterprises in financial services and payments, plus retail verticals
        serving millions of endpoints.
    --  Sales Bookings: Acceptto started 2020 seeing new customer contracts
        increasing 4 fold.

"Acceptto continues to gather considerable business momentum and we're proud to announce our success for the past year with the rapid adoption and customer satisfaction of our industry-leading, Continuous Behavioral Authentication platform," said Shahrokh Shahidzadeh, CEO, Acceptto. "We're strengthening our executive team and advancing our technology to fuel our growth as enterprises look for better ways to address security in an age where passwords are ineffective and identity authentication is mission-critical."

Integrations and certifications received in 2019:

    --  Integrated with leading cloud platforms including Microsoft Azure-O365,
        Salesforce, VMWare, ServiceNow, and Citrix Workspace. These integrations
        extend Acceptto's Identity Access Management (IAM) ecosystem, offering
        enterprise users a plug and play, intelligent context-aware continuous
        authentication to the most respected cloud software providers.
    --  A technology integration with Central Authentication Service (CAS) to
        extend its Single Sign-On (SSO) initiative, adding support for both
        multi-factor authentication (MFA) and QR passwordless authentication
        during login and post-authorization.
    --  A technology integration with OKTA, adding support for smart MFA
        enabling passwordless continuous authentication.
    --  Certified by the FIDO (Fast IDentity Online) Alliance for the FIDO2
        server protocol. This certification aligns with Acceptto's mission to
        accelerate the shift away from passwords by allowing common devices to
        securely and easily authenticate in both mobile and desktop
        environments.
    --  Verified Citrix Ready, offering customers solutions that combine
        Acceptto's Continuous Behavioral Authentication(TM) with Citrix
        Workspace, to proactively increase authentication requirements against
        unprecedented access attempts while reducing friction.

Additional highlights include:

    --  Recognized by SINET, a prestigious cybersecurity organization, as a 2019
        SINET 16 Innovator award winner. Acceptto was selected as one of the 16
        winners from a pool of hundreds of worldwide cybersecurity
        organizations.
    --  Expanded the board of directors with the appointment of Jim Kaskade, an
        experienced leader in product development. His expertise and direction
        will excel future growth of the organization - to position itself as a
        market leader for passwordless solutions in the enterprise.
    --  Awarded five U.S. patents, numbers 9742809, 9426183, 10148699, 10325259,
        10387980 that focus on three core principles, authentication policy
        orchestration of user devices, dynamic adaptive authorization and
        enhanced identity access control. Acceptto will be issued another
        upcoming U.S. Patent, No. 10,572,874.

To learn more about Acceptto, please visit www.acceptto.com. Acceptto executives will also be attending the RSA® Conference 2020, which takes place February 24-28, 2020 in San Francisco.

About Acceptto
Acceptto is a transformative cybersecurity company driving a paradigm shift in passwordless solutions for enterprises. Our AIML powered Continuous Behavioral Authentication(TM) technology analyzes and verifies user identity, inferring contextual data such as device and browser attributes, spatiotemporal velocity, user behavior, and network context and anomaly detection signals, etc. to detect and prevent identity access fraud across the enterprise and their end consumers. We deliver the smartest, most resilient and evasion-proof identity validation technology commercially available today for physical, web, mobile, cloud and IoT devices. Acceptto is headquartered in Portland, USA with offices in Lisbon, Portugal, and Vancouver, Canada, serving global active customers in healthcare, education and financial services. For more information visit https://www.acceptto.com/.

Media contact
John Kreuzer
Lumina Communications for Acceptto
Acceptto@luminapr.com
(408) 896-3307

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SOURCE Acceptto