Share this article
Share this article
- Includes Oversubscribed $155 Million PIPE Anchored by Leading Real Estate Companies, SmartRent Customers, and Institutional Investors, Including Starwood Capital Group, Lennar, Invitation Homes, Koch Real Estate Investments, Baron Capital Group, D1 Capital Partners L.P., Long Pond Capital, LP, and Conversant Capital LLC
- SmartRent Expects to be EBITDA Positive by 2022; 80% of the Company s Revenue Projections for 2021-2022 are from Already Committed Units; Growing Base of Recurring Revenue with Zero Churn since Inception
- Fifth Wall, the World s Largest Proptech Investor Managing $2.5 Billion, Will Open Access to Unmatched Distribution Lanes through its 70 Strategic Real Estate LPs from 15 Countries
Source Defense Experiences over 250% Growth in 2020; Expands Global Footprint to Help Protect Retail, Financial Services and Healthcare Websites
USA - English
News provided by
Share this article
ROSH HA AIN, Israel, Jan. 27, 2021 /PRNewswire/
Source Defense, the market leader in website client-side security, announced today it achieved for the second year in a row over 250% year-over-year growth in Annual Recurring Revenue (ARR) and an even higher growth in bookings, including multi-year deals. Leading brands across the US and UK in the financial, retail and e-commerce fields deployed Source Defense s flagship Prevention and Protection solution, VICE, to continuously protect websites from digital skimming, formjacking, Magecart attacks and other client-side threats.