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ThreatX Strengthens Executive Team with Addition of David Roshak as CFO and Mike ...

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Cybersecurity Industry Veterans Join SaaS-Based Web Application
Firewall Provider To Capitalize on Revolutionary Shift in Web
Application Protection

DENVER (BUSINESS WIRE) lt;a href=”https://twitter.com/hashtag/WAF?src=hash” target=”_blank”gt;#WAFlt;/agt; ThreatX, the leading provider of SaaS-based web application firewall

(WAF) solutions, today announced that cybersecurity industry veterans

David Roshak and Mike Reagan have joined its executive team as CFO and

COO, respectively. The appointments are the latest in a series of moves

demonstrating the company’s unparalleled combination of innovative

technology and industry expertise that makes it the ideal solution to

today’s complex web application security challenges.


ThreatX Strengthens Executive Team with Addition of David Roshak as CFO and Mike ...

The WAF industry is undergoing a rapid shift to cloud-based solutions,

with major analyst firms predicting that more than 70 percent of WAF

deployments will be delivered as a cloud service or virtual appliance by

2020. Analyst firms also predict 2020 will see over half of all

public-facing web applications protected by cloud-based WAF platforms,

combining CDN, DDoS protection, and bot mitigation. ThreatX offers these

capabilities via a single solution, providing a behavior-based

application security approach that unlike other next-gen WAF’s, provides

complete visibility, reduces false positives, and prevents legitimate

traffic from being blocked.

The appointment of Roshak and Reagan positions ThreatX to build upon its

strong growth foundation and capitalize on the market shift to

cloud-based security solutions. A seasoned technology veteran with more

than 20 years of leadership experience, Roshak joins ThreatX from Optiv,

which was created in 2015 as a result of the Accuvant and FishNet

Security merger. With a strong financial, operational and channel

background and experience helping organizations seize market

opportunities, Roshak will play a pivotal role in ThreatX’s next phase

of growth.

A 30+ year industry veteran, Reagan comes to the company from leading

SIEM provider LogRhythm where he played a pivotal role in growing the

business from <$1M to over $150M in annual sales. Reagan has held

executive management roles in sales, marketing, business development,

and channel and product management and will lead the company’s strategy

development and drive the customer experience.

The new hires will work closely with ThreatX’s co-founder and CEO, Bret

Settle, and the rest of the executive team to build on the company’s

momentum as more organizations shift applications to the cloud and look

for accurate, adaptable, and easily deployable security solutions to

meet their needs.

Quotes

“The market is undergoing a rapid and fundamental

shift, and we’re helping more and more companies to securely migrate

their application architectures to the cloud. Bringing David and Mike on

board allows us to ramp up these efforts and tap their wealth of

industry knowledge to accelerate ThreatX’s growth and WAF market

leadership.”

Bret Settle, Co-Founder and CEO, ThreatX

“As enterprises continue to connect applications and migrate them to the

cloud, they must also focus on securing a large attack surface from a

continually advancing threat landscape. ThreatX has amazing momentum and

its behavior and risk-based web application firewall will fundamentally

transform how enterprises deploy and protect their web and cloud

applications from malicious threats. I am looking forward to helping the

company further capitalize on this opportunity and continue its rapid

growth.”

David Roshak, CFO, ThreatX

“ThreatX’s attacker centric, SaaS-based WAF is setting a new standard

for website and application protection. The company’s unique solution is

empowering enterprises around the globe to address the increasingly

sophisticated threat landscape and the simultaneous shortage of

cybersecurity professionals. I’m thrilled to be joining this team of

highly skilled and passionate security experts and establishing ThreatX

as a leader in this billion dollar market experiencing double-digit

growth.”

Mike Reagan, COO, ThreatX

About ThreatX

ThreatX is the only SaaS-based web application

firewall (WAF) solution that enables enterprises to confidently secure

all their web applications against a rapidly evolving threat landscape.

Purpose built for the hybrid-cloud, ThreatX delivers complete visibility

and the most precise threat detection and neutralization capabilities

available by combining progressive behavior profiling, collective threat

intelligence, and deep analytics with a managed service. ThreatX

eliminates the false positives and maintenance burdens associated with

1st generation WAFs and static, rule-based solutions.

Contacts

For ThreatX

Claire Rowberry, 617-785-5571

claire@clearcommsc.com
ThreatX Strengthens Executive Team with Addition of David Roshak as CFO and Mike ...
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