Menlo Security, a pioneer of Secure Enterprise Browsers, announced that it has surpassed $100 million in annual recurring revenue (ARR) and achieved 50% growth in the last 24 months. Over 1,000 global enterprises and government agencies rely on Menlo Security to provide a safe and secure browsing experience on any browser and device.
Menlo Security holds $350 million in total contract value (TCV), raised $260 million in total funding, and expects to be cash flow positive in 2025. In the last year, it has achieved an impressive 110% net retention rate (NRR) and grown its gross revenue retention (GRR) by 97%.
Menlo is trusted by major global businesses, such as eight of the ten largest financial institutions globally, 24 Global Fortune 500 companies, and large government institutions in the U.S. and abroad. Key integrations and partnerships with industry leaders like Google further validate Menlo Security’s leadership position in browser security.
Digital transformation has transformed the workplace, enabling online collaboration across organizations. And in February, Menlo Security launched the industry’s first cloud-delivered Secure Enterprise Browser solution, delivering a comprehensive approach to protecting enterprise users where they work and securing applications from Internet-borne attacks.
Traditional network and endpoint security tools leave browsers critically exposed to browser-based attacks. Although browsers serve as the primary entry point for threat actors into organizations, they are also critical to employee productivity and keeping businesses running smoothly.
The Menlo Secure Enterprise Browser solution also enables the workspace of tomorrow, providing comprehensive enterprise browser security across desktops and mobile devices to protect users, applications, and data, all while allowing customers to continue using their browser of choice.
KEY QUOTES:
“Hitting $100 million ARR is a powerful validation of our vision and a direct reflection of the trust our customers place in us to secure and manage their browsers. Enterprises have recognized the need for browser security and our secure enterprise browser solution provides high efficacy browser security combined with a transparent user experience that is easy to deploy and manage. We are proud of our broad deployments across customers of all sizes across the globe.”
- Amir Ben-Efraim, CEO and co-founder of Menlo Security
“The evolving threat landscape has made Secure Enterprise Browsers a priority for digital-first companies. We see Menlo Security as a browser security pioneer, growing its customer base with a focused approach and ongoing product innovation.”
- Mark Crane, partner at General Catalyst
