Today is a proud moment in Keyfactor’s journey. Our company has exceeded $100M in annual recurring revenue. Those in enterprise technology will understand the significance of this achievement, especially given the current economic times. This work wasn’t accomplished by a single individual, nor did it occur overnight. Since being appointed as Keyfactor’s CEO almost five years ago, I’ve witnessed a truly remarkable collective effort across our entire company.
My team has played a pivotal role in the company’s growth. Without their talent and skill set, Keyfactor would not be where it is today. Beyond our employees, I must also thank our customers — we are fortunate to consider more than 40% of the Fortune 100 customers; the largest technology companies, U.S. banks, medical device manufacturers, global retailers, and telecom providers are part of our ecosystem. Thank you for trusting us with your most critical assets.
Hitting today’s financial milestone is further testament to the growing market need for Keyfactor. The explosion of digital identities has pushed beyond traditional boundaries – enterprises need help managing and verifying the integrity of their digital assets in order to build digital trust. We expect these challenges to become more serious. The post-quantum era is on the not-so-distant horizon, which means modern enterprises will face new obstacles and risks. The time to plan for this major transition is now, and Keyfactor can help organizations understand what being “quantum-ready” truly entails — and how to get there.
I also want to thank our incredible investors and advisors, Insight Partners and Sixth Street Growth for their continued support and guidance. Thomas Krane, Mike Triplett, Bo Stanley, Alexander Katz, Tim Harvey, and Lonne Jaffe.
Last but not least, I want to congratulate two outstanding senior leaders at Keyfactor on their well-deserved promotions to join our C-Suite: Jamie Walker to Chief Marketing Officer and Brandon Tubandt to Chief Customer Officer. Jamie and Brandon are an integral part of our company’s success – my optimistic outlook is heavily influenced by knowing they will have elevated responsibility, visibility, and impact on the future of Keyfactor.