Total Orders for 2024 Reach $20.2
Million
LONDON, Oct. 8, 2024
/PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQB:
DDOSF), the distributed denial of service (DDoS) protection
specialists, today announced it has secured $6 million in new orders during the third quarter
of 2024. This strong close continues the company's customer
acquisition momentum and brings Corero's total orders for 2024 to
$20.2 million.
Corero's innovative SmartWall ONE™ DDoS
protection solutions have driven the company's expansion into new
strategic geographies such as the Middle
East and Latin America,
while also strengthening its foothold in existing markets. In Q3
2024, the company secured six additional customer wins,
contributing to a total of 16 new customers so far this year.
Alongside new customer wins, Corero expanded relationships with
existing customers through significant contract renewals and
upgrades, demonstrating continued trust in its SmartWall ONE
solution to meet evolving security needs and support business
growth.
Carl Herberger, Chief Executive
Officer at Corero Network Security, commented: "I am thrilled to
welcome our new customers and delighted that we continue to grow
with our existing customers. Renewals and upgrades demonstrate that
we are successfully delivering on our customer promises and
collectively these deals underline the market-leading capabilities
of our cutting-edge SmartWall ONE solution. Our continued new
customer win momentum since H1 2024 demonstrates the ongoing
success of our accelerated go-to-market strategy and highlights
Corero's increasing ability to compete across the global
market."
About Corero Network Security
Corero Network
Security is a leading provider of DDoS protection solutions,
specializing in automatic detection and protection solutions with
network visibility, analytics, and reporting tools. Corero's
technology protects against external and internal DDoS threats in
complex edge and subscriber environments, ensuring internet service
availability. With operational centers in Marlborough, Massachusetts, USA, and
Edinburgh, UK, Corero is
headquartered in London and listed
on the London Stock Exchange's AIM market (ticker: CNS) and the US
OTCQB Market (OTCQB: DDOSF).
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