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Qualys

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Qualys, Inc.
Company typePublic
IndustryCyberSecurity Company Network Security
IT Security
Information Security
Founded1999; 25 years ago (1999)
Founders
Headquarters
Foster City, California
,
U.S.
Area served
Global
Key people
Sumedh Thakar (president and CEO)[1]
Services
RevenueIncrease US$554.5 million (2023)[2]
Increase US$163.1 million (2023)[2]
Increase US$151.6 million (2023)[2]
Total assetsDecrease US$822.3 million (2023)[2]
Total equityDecrease US$368.2 million (2023)[2]
Number of employees
Increase 2,188[2]
Websitequalys.com

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.[3]

Qualys has over 10,300 customers in more than 130 countries. The company has strategic partnerships with major managed services providers and consulting organizations including BT, Dell SecureWorks, Fujitsu, IBM, NTT, Symantec, Verizon, and Wipro.[4][5]

History

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Qualys has been described as "one of the earliest software-as-a-service security vendors."[6]

Philippe Courtot first invested in the company in 1999.[7] He became CEO and board chair in 2001.[8] Courtot described Qualys as addressing a "mounting need for automatic detection of network vulnerabilities" when he announced the second round of financing.[9][10]

The company launched QualysGuard in 2000, making Qualys one of the first entrants in the vulnerability management market.[11] This software could automatically scan corporate local area networks (LANs) for vulnerabilities and search for an available patch. The company subsequently added compliance, malware detection, and web application scanning to its platform.[12][13][14]

Qualys went public on the Nasdaq under the stock ticker QLYS on September 28, 2012, raising net proceeds of $87.5 million.[3][15]

In 2015, Qualys launched its cloud platform and lightweight cloud agent, aimed at providing continuous monitoring of an organization's IT infrastructure and applications.[16] The cloud platform introduced several new features designed to help organizations address cybersecurity and compliance issues.[17][18]

Another security service that Qualys offers is its Network Passive Sensor service, an advanced technology layer that monitors network traffic and detects what is on the network that needs to be secured.[19] The Network Passive Sensor immediately sends asset metadata to the Qualys Cloud Platform, where it is analyzed for comprehensive security insights.[20]

In 2021, Courtot resigned from his role as Qualys' CEO for health reasons after leading the company for two decades. Sumedh Thakar became president and CEO following Courtot. He was previously president and Chief Product Officer at Qualys.[21]

In August 2021, Qualys partnered with Red Hat to bring Qualys' Cloud Agent to Red Hat Enterprise Linux (RHEL) CoreOS and Red Hat OpenShift. The CoreOS Cloud Agent for OpenShift works with Qualys' Container Security Runtime, delivering continuous packages and vulnerabilities for the entire OpenShift stack.[22]

Qualys won two Pwnie Awards in 2021, in the "Best Privilege Escalation Bug" and "Most Under-Hyped Research" categories.[23][24][25]

In November 2023, Qualys released its Enterprise TruRisk Platform, which aggregates cyber risk signals to provide a risk-scoring framework for companies to measure and reduce IT risk.[26]

In February 2024, Qualys became the first cloud native application protection platform (CNAPP) to also cover SaaS apps. Qualys TotalCloud gathers and unifies cloud data from multi-cloud environments, giving IT departments better visibility to address security issues.[27]

In May 2024, Qualys launched a managed security services partner (MSSP) portal as part of its global partner program. The portal was designed to enhance operational efficiencies for Qualys' partners and offer visibility into client accounts, licenses, and user roles.[28]

References

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  1. ^ Singh, Meghavi. "Qualys Board Names Sumedh Thakar as CEO". Yahoo Finance. Yahoo. Retrieved 30 April 2021.
  2. ^ a b c d e f "Qualys (QLYS) Financials". Stock Analysis. 2024-11-01. Retrieved 2024-11-01.
  3. ^ a b Kelly, Meghan (September 28, 2012). "Cloud security company Qualys up 18 percent on IPO after the markets close". VentureBeat. Retrieved 1 May 2014.
  4. ^ Evans, Jonny (2023-02-07). "Qualys now supports macOS in its cloud security tools". Computerworld. Retrieved 2024-11-01.
  5. ^ "Qualys has raised the bar in vulnerability management by reducing cyber risk and remediation times for customers – Sumedh Thakar". CXOToday.com. 2022-09-30. Retrieved 2024-11-01.
  6. ^ Rosenbaum, David (September 2011). "Cloud control: you want your cloud provider to share security risk. Your provider wants to limit its liability. The result is a negotiation. Here's what CFOs should know to gain the upper hand". CFO. Vol. 27, no. 7.
  7. ^ Villano, Matt (2009-10-12). "Cloud Cover". TIME. Retrieved 2024-11-01.
  8. ^ Schleier, Curt (2020-08-27). "What's The Next Big Thing In Tech? Just Ask Qualys' CEO". Investor's Business Daily. Retrieved 2024-11-01.
  9. ^ "Qualys, Inc. Secures $20M in Second Round Financing" (Press release). PR Newswire. April 10, 2001.
  10. ^ "Using your browser for security". Network World. IDG Communications, Inc. April 28, 2003.
  11. ^ "Cloud Security Vendor Qualys Ready for IPO". Sramana Mitra. 2012-06-12. Retrieved 2020-03-23.
  12. ^ Courtney, Marin (30 September 2002). "Tool scours networks for threats". Network Week.
  13. ^ Ewalt, David M. (26 May 2003). "Free Network Check". Information Week.
  14. ^ Hines, Matt (October 16, 2007). "Core, Qualys to enter Web apps scanning market". InfoWorld. Retrieved 10 January 2010.
  15. ^ Lunden, Ingrid (28 September 2012). "Cloud Security Firm Qualys' IPO Opens At $12/Share, Raising $71.8M". TechCrunch. Retrieved 1 May 2014.
  16. ^ Kovacs, Eduard (2015-04-21). "Qualys Web Application Firewall 2.0 Brings Virtual Patching, Event Response". SecurityWeek. Retrieved 2024-11-01.
  17. ^ Kovacs, Eduard (21 April 2015). "Qualys Web Application Firewall 2.0 Brings Virtual Patching, Event Response". Security Week. Retrieved 18 December 2016.
  18. ^ Barker, Ian (2015-04-21). "Cloud Agent Brings Enterprises Greater Security and Asset Control". BetaNews. Retrieved 18 December 2016.
  19. ^ Bridgwater, Adrian (2022-11-10). "Qualys Security Conference 2022: Corralling horses in an expanding edge rodeo". TechRepublic. Retrieved 2024-11-01.
  20. ^ Bridgwater, Adrian (2022-11-10). "Qualys Security Conference 2022: Corralling horses in an expanding edge rodeo". TechRepublic. Retrieved 2024-09-05.
  21. ^ Novinson, Michael (2021-03-22). "Longtime Qualys CEO Philippe Courtot Exits For Health Reasons". CRN. Retrieved 2024-11-01.
  22. ^ Best, Martijn van; Eenbergen, Coen van; Pol, Floris Hulshoff; Zwets, Berry (2021-08-04). "Qualys brings Cloud Agent to RHEL CoreOS and Red Hat OpenShift". Techzine Global. Retrieved 2024-09-05.
  23. ^ "Pwnie Award Winners 2021 – Pwnies". pwnies.com. Retrieved 2022-04-29.
  24. ^ "Heap-based buffer overflow in Sudo! – Pwnies". pwnies.com. Retrieved 2022-04-29.
  25. ^ "21 Nails – Pwnies". pwnies.com. Retrieved 2022-04-29.
  26. ^ Bridgwater, Adrian (2023-11-08). "Qualys Expands IT Control Posture To 'De-Risk' Business". Forbes. Retrieved 2024-08-08.
  27. ^ Herijgers, Laura; Zwets, Berry (2024-02-06). "Qualys TotalCloud 2.0 is first CNAPP to extend protection to SaaS apps". Techzine Global. Retrieved 2024-09-05.
  28. ^ Starc, Andrew (2024-05-06). "Qualys launches MSSP portal for partners". CRN Australia. Retrieved 2024-09-05.
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