We'll continue to drive it. Some people paint, some people write songs, some people are talented in different ways. When SentinelOne CEO and co-founder Tomer Weingarten launched the company in 2013, he had a revolutionary vision to transform the way organizations protect their data and devices by building software that doesnt just observe but prevents and deflects in real-time. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. At the same time, we moved to a hybrid work environment. Sure. Its a huge undertaking. Nothing in these materials is an offer to sell any of the components or devices referenced herein. CrowdStrikes field is security for end-user devices (devices connected to the end of a network, like a cellphone or computer hooked up to the world wide web). twitter, follow us on
We build a mind map of device activities, apply distributed AI onto edge devices, and as [cyberattacks] are happening, we can intervene and stop the attack, he told me. Our full year operating margin guidance is for negative 99% to 104%. Prior to Chegg, Mr. Bernhardt served in various positions at Palantir Technologies Inc., a data analytics software company, including most recently as its Vice President of Finance and an advisor, from May 2009 to August 2013. Over 5,400 customers use our Singularity XDR platform. twitter, follow us on
You may proceed. SentinelOne. Mr. Ashkenazi holds a B.S.C.S. We're still in early innings, but it's massive, its macro and its global. It's two quick questions for you. Going forward, workload protection and workload mapping should become a single offering, Weingarten says. Sure. These documents contain and identify important risk factors and other information that may cause our actual results to differ materially from those contained in our forward-looking statements. It's about half of our customer we're still use core or control with the larger enterprise customers obviously using the complete solution. It's incredibly holistic again in nature. "Given the technological superiority we have on our platform today, some of the biggest cloud consumers out there have been adopting our workload protection platform," Weingarten tells Information Security Media Group. The first item is share count. Looking back, it took over three years to reach a $100 million in ARR and just three quarters to nearly reach the next $100 million. Putting all of this together, cybersecurity has never been more critical and more challenging for the enterprise. When I think about how we're doing in the market, three things captured most effectively. Please. Tomer Weingarten, co-founder and CEO, SentinelOne (Image: SentinelOne) Identity protection, XDR, data analytics and cloud security have been SentinelOne's biggest areas of investment during 2022 . in Finance from Santa Clara University. But the vast majority of what we see, it's, it's absolutely taking market share from the incumbents. SentinelOne, Inc. (NYSE:S) Q2 2022 Earnings Conference Call September 8, 2021 5:00 PM ET, Doug Clark Head of Investor Relations, Tomer Weingarten Co-Founder and Chief Executive Officer, Nicholas Warner Chief Operating Officer, David Bernhardt Chief Financial Officer. "It's going to be tough for other vendors to follow anytime soon," Weingarten says. By submitting this form you agree to our Privacy & GDPR Statement, General Data Protection Regulation (GDPR). SentinelOne expanded its product portfolio to include identity with the $616.5 million purchase of Attivo Networks, enabling the firm to provide identity threat detection and response, identity infrastructure assessment and identity cyber deception. Qualcomm Ventures Investment Team members are employees of Qualcomm Technologies, Inc. or one of its subsidiaries. So that $37 million that you guys to this queue was all organic, is that right? They tend to be similar, standardized and open source. He is responsible for the company's direction, products, and services strategy. Across the entire enterprise from endpoint to cloud companies want partners and platforms not siloed point solutions. We added the highest number of million dollar ARR customers this past quarter. And then from a go-to-market perspective, for Nick, what type of incremental benefit will these partnerships bring? As it relates to some of the $1 million ARR customers that you landed. This is XDR. The growing threat landscape is just one of them. These two companies represent the new generation of end-user security companies, and they are challenging both the old views and the veteran players, which are trying to reinvent themselves. Technology. If you have an ad-blocker enabled you may be blocked from proceeding. And let me turn it over to Dave Bernhardt, our CFO. But the last thing and this is not to be underestimated with our unique go-to-market business is that multi dimensional channel that we talked about. We will put more boots on the ground. It's completely cloud delivered. until now. Tomer Weingarten is the CEO and co-founder of SentinelOne. Cloud Security For us, it really is a good mix. On Wednesday's episode of "Mad Money," SentinelOne CEO and co-founder Tomer Weingarten discusses the cybersecurity firm's fiscal second quarter 2022 results. In the first few years, it was an absolute battle to get the trust of customers, said Weingarten. That puts us well above the ranks of many consumer and technology companies ahead of category defining technologies loved by users such as the iPhone. Thank you. SentinelOne, Inc. (NYSE:NYSE:S) 24th Annual Needham Growth Conference January 11, 2022 1:15 PM ETCompany ParticipantsDoug Clark - Head, Investor RelationsTomer Weingarten - Chief Executive. I'm proud of the technology and the innovation we're bringing to customers through our Singularity XDR platform. Tomer just sort of talked about this just briefly in the last question, but I was wondering if you could just double click a bit on the mix of customers across the different singularity peers specifically core control and complete. Well, you will encounter challenges to overcome on a daily basis. We started thinking about the right approach to building security for the future. These companies are more identified with firewall solutions. And what that's really driven by enabling their business and not competing is incredible loyalty and brand loyalty with SentinelOne, and that's something we've been working really hard on for the last several years. We knew that we need ways to deal with attacks that are increasing in frequency and becoming more automated. Certainly. Just remember thats the mission, thats why we wake up, thats why we build what we build. So we're really starting to see that, that flywheel kick-in, in all the different facets of go-to-market channel partner ecosystem. Finally, for operating margin we expect negative 96% to 99% in Q3. One, our 97% gross retention rate, which means our customers are happy and staying with us. You may proceed. Turning to the business, in Q2, our ARR growth accelerated to 127% year-over-year and our revenue was up 121%. And maybe a question on cohort analysis that if it's not too early. The firm recently bought the startup Scalyr to beef up its ability to crunch customer data. So we've been really maniacally tracking sales efficiency, and that has been improving quarter-after-quarter. Weingarten says clients also save money since all data that's collected natively by SentinelOne's agents is stored for free regardless of whether it resides on the endpoint or in the cloud or is tied to user identity. [Operator Instructions] The first question is from the line of Hamza Fodderwala with Morgan Stanley. Prior to joining us, Mr. Smith served in various leadership positions at Medallia, Inc., a customer experience platform company, including as Senior Vice President of Engineering, from January 2016 to March 2021. With all of this opportunity in front of us, fiscal 2022 remains an investment year. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Our solution understands in real-time whether theres an anomaly solely through observation and without relying on prior knowledge of whether something is bad or good. From June 2014 to February 2017, Mr. Parrinello served as Vice President of American Sales at Nimble Storage, Inc., a data storage solutions company that was acquired by Hewlett Packard Enterprise Company in April 2017. It's an enormous opportunity out in front of us. I'm switching over to SentinelOne this quarter as this has been with the past quarters as well. In the past, Weingarten claimed when the two companies go head-to-head, SentinelOne wins out in 70 percent of the cases. The next question is from Brian Essex with Goldman Sachs. SentinelOne CEO Tomer Weingarten closed on a $11.5-million home in Los Altos, just below the asking price, according to public records. Support has been relatively effective, but can be a little slow on response times.. What we don't try to do is hijack a customer's security budget and to forcing them to buy reams of services, hours to support, a non-automated product. In Q2, we added world renowned IR partners like Kroll, Alvarez & Marsal and Group-IB. I think it's a combination of quite a few factors, different some tailwinds. A key has been the leveraging of MSPs (Managed Service Providers). Good evening. Jun 30, 2021, 3:00 AM. What do you think one for Tomer, to what extent does that validate your technology given that you're partnering with other next-gen vendors on the network security side? The Movie The Professional is what made Natalie Portman a Lolita. Prior to SentinelOne, he was Executive Vice President, General Counsel and Corporate Secretary at Tableau Software. We dont feel like egos contribute to anything that we do. Please disable your ad-blocker and refresh. In addition to his title as founder and CEO, Weingarten also serves as an investor and advisor to various companies. Every edge of the network must be secured. Yet another datum he compared was sales and marketing expenses as a percentage of revenue among 75 publicly traded cloud computing companies. I mean, that just comes to show that home prevention and all the way to detection, response and remediation. When might we see that abide and maybe the margins might be able to maybe better accelerate off the inclusion of that? There was certainly substantial demand from investors. SentinelOne - founded by Almog Cohen and Tomer Weingarten. Are we seeing escalation and the prices of labor? That's something we'll advance, once we get it completely tied into the SentinelOne back end. statements reflect our best judgment based on factors currently known to us and that actual results and events could differ materially. I think that is what the ideal is," Weingarten says. And obviously, Qualcomm is a main driver in the 5G revolution which will also almost recreate what the network model looks like. Instead of people having to manually assemble data points, the technology assemble stories for us and even make decisions in real-time, game changer. Prior to Chegg Inc., Ms. Tomasello was Assistant Corporate Controller at Palm, Inc. 444 Castro StreetSuite 400Mountain View, California 94041, Senior Vice President of Global Support and Services, follow us on
Can you characterize your competition between, you highlighted 70% win rate. Even for the engine peers, I mean, we're seeing a lot of their customers and we've had a multi-million dollar displacement this quarter for a customer that grew increasingly frustrated with the multiple infections with inefficiency on protecting server environments. Yes. So it's not only about protecting those attack surfaces, it's also about ease of deployment and simplicity of use. Our customers are diverse in size, scope and geography. By building these rules, customers can drive automation between products in a meaningful way and remove risk from the system by reducing the system's dependence on humans, he says. The solution for the IoT and unmanaged device challenges are ranger module. So to us, again, it really falls into the strategy that we took up by enabling our customers to pick any vendor and indeed builds on top of the Singularity platform. Finally delighting our customers, I'm especially proud that our net promoter score, or NPS, has risen every single quarter in the past year. Mr. Smith holds a B.S. Today, the company is about 600 people globally, over 4,000 customers, weve raised about $430 million to date, and we are valued at over a billion dollars. Since then, its evolved into a complete platform with about 10 different modules that can address different issues within a corporate enterprise environment. Tiger Global, Insight Venture Partners, Third Point Ventures, and Sequoia Capital also participated in a $50 million concurrent private placement for the stock. SentinelOne, Inc. (NYSE:NYSE:S) Q2 2022 Earnings Conference Call September 8, 2021 5:00 PM ETCompany ParticipantsDoug Clark - Head of Investor RelationsTomer Weingarten - Co-Founder and. Congrats, guys on the strong debut quarter. Next, I'll share some insights on our go-to market. Just looking at our modules that cover IoT, cloud and data, these grew more than 6x year-over-year in Q2 and represent over 10% of the quarters' new business. Equally critical is machine speed detection, response and remediation. CrowdStrike is in an entirely different league, with expected revenue growth of $1.3 billion. Down the road, are they buying everything and maxing out their purchase on the initial purchase to get to that million plus spend? In the industry, we saw a lot of opportunity in the endpoint market. Today, I think we've shared that it's already about 10% contribution into our revenue is coming from the, cloud and server protection pieces that we sell, and we're seeing more and more traction in cloud security. 5,169 executive movements have been recorded in the last 12 months. Whats the Priority for MSS/MDR Selection for 2023? We will make acquisitions for example, we acquired a data analytics company. SentinelOne -- which provides a machine learning-based solution for monitoring and securing laptops, phones, containerised applications and the many other devices and services connected to a network -- has picked up []. Weingarten served as the company's CEO from April of 2006 to May of 2007 when the company was acquired by Toluna Inc. SentinelOnes IPO valuation was a record for a cybersecurity company. So that $10 million you pulled out of inorganic ARR fell in 1Q right? So we're going to continue to invest and build and grow our go-to-market teams. and monitoring information security controls. And so from an apples-to-apples perspective, we're typically at or higher from a technology perspective, but we enable customers to best put that, that money to use buying technology. You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com. Its a market that hadnt been disrupted in years, with very large incumbents like Symantec and McAfee which had not innovated for a long time. Articles by Tomer Random thoughts. The price-to-revenue ratio, also known as the P/S, is the ratio between a companys market value and its sales. Nick, Tomer, thank you. And thank you all for joining us today and hopefully in the future. The only way to ensure safety and security is with zero trust. Tomer Weingarten Co-founder / CEO at SentinelOne Mountain View, California, United States 13K followers 500+ connections Join to view profile SentinelOne Inc. And that's really what's driving massive motion in our market. What are you sort of seeing in terms of new customers and existing customers in terms of the peers that they're sort of opting for? Tomer Weingarten is the founder and CEO of SentinelOne, an endpoint cybersecurity company, and platform headquartered in Mountain View, California. Thank you. But at the same time turn into more of a preventative approach where I'm not saying that you can prevent everything, but you can absolutely do a better job on prevention and really stop that firefighting mode or improve it significantly. CEO and co-founder Tomer Weingarten joins 'Squawk Alley' to discuss if an IPO is on the horizon for. We're hearing that you're quite cheaper than the competition next gen competition? The migration will result in some duplicative storage and processing costs as we ensure data and performance continuity. While its customers do include three of the worlds 10 biggest companies, it only has 37 Fortune 500 companies on the list. This call is being broadcast live via webcast. The next question is from Roger Boyd with UBS. Just some of the key rivals include CrowdStrike and Palo Alto Networks. So to us, I mean, those positive performance it's always something that you deal with. Ranger identifies and tracks all rogue IoT devices and we've just released Auto Deploy. Enterprises represent about two thirds of our business today, and we're gaining even more traction. Its a fantastic company, with astounding marketing and performance capabilities.. We did this in two ways in Q2, tackling group IoT devices and expanding zero trust partnerships and enterprise can't protect what it can see, including IoT and unmanaged devices. Before our founding, Mr. Weingarten held various positions, including Vice President of Products, at Toluna Holdings Limited, a technology company that delivers real-time consumer insights, from May 2007 to December 2012, which he joined following the acquisition of Dpolls, a startup he had previously co-founded. I don't think we're cheaper than the competition. We just announced that we'll be expanding our engineering excellence into the Czech Republic. The road isnt always simple when you lead a company to disrupt a very large space and really break new grounds. Nothing is trivial. I have a few questions I want to speak about competition. SentinelOne is competing effectively with rivals such as CrowdStrike and Palo Alto Networks. Mr. Weingarten also previously served in various roles at Mckit Systems Ltd., a provider of information and knowledge management systems in Israel, from March 2005 to April 2007. The next question is from the line of I apologize one moment, please. Thanks. Thank you, Tomer, and I'd also like to welcome everyone. Tomer Weingarten, SentinelOne co-founder and CEO, joins 'TechCheck' to discuss the current status of Microsoft's vulnerability to cyber attack, what measures need to be taken to deter a future. I am proud of the scale of our business and the triple digit growth rates we've now delivered for two consecutive quarters. By browsing bankinfosecurity.com, you agree to our use of cookies. We also expanded our marketplace ecosystem through new partnerships with Zscaler and Cloudflare, partnering with other zero trust leaders strengthens our customers' security postures. Its listening on one end, grabbing as much data as you can, taking that data, distilling it, and building the best prediction that you can for the future and for your product. youtube. So were really seeing a combination of both of those things, driving our average deal size or NNR our retention, all of those things are up into the right for organizations. Dave, when we think about your Czech Republic R&D facility, is that driven by global lack of talent? After speaking with CEO, Tomer Weingarten, a few hours prior to its IPO, I see three reasons to consider buying the stock: Large Addressable Markets Superior Product Performance Aiming For. Our open XDR approach is helping unify the entire enterprise view from data to device to cloud. It jumped in Q2 to above 70. Sure. Just on maybe a question for either Nick or Tomer, I wanted to dig into some of the partnership announcements you guys have made in recent months particularly with Zscaler and Cloudflare. And if you can talk about your we spoke about product differentiation, but I want to talk about the value of automation. Our strong channel metrics are leading pipeline and traction indicators. That concludes the conference call. The remainder of the lockup will expire subsequent to our Q3 earnings report. The firm has raised some $697 million to date, from investors including US . Any forward-looking statements made during this call are being made as of today. SentinelOne prides itself on having fended off cyberattacks most notably the recent SUNBURST one [the malware that tricked systems into uploading it as an update to the SolarWinds Orion software] for all of its customers, he told me. What we're bringing is automation and machine learning, ease of use, and really we're democratizing very advanced technology. The company's approach to the cloud limits trade-offs between performance and security and, unlike competitors, embraces an architecture that's compatible with the needs of cloud-native companies. So to only the end point refresh cycle, there's actually something that drives in overall look at your entire cyber security posture. In Q2, we added the highest number of customers with ARR over $1 million compared to prior quarters. I think a lot of it is sometimes about relationships, but I think what's incredibly interesting about the customers that we've displaced is the reference they made to the amounts of infections they have to deal with, which to us is really why you're bringing in cyber security solution. And what is the cost look like? Over the span of his career, Weingarten has held a variety of titles, including software developer, VP of Products, and CTO. Its basically the go-to console for security operations people in some of the worlds largest organizations. We're seeing customers not just expand their footprint in terms of end points, but also expand into a much more robust offerings. We sell three platform tiers, core control in our most comprehensive and popular tier complete. This is the base run rate going forward. I think building a little bit on Saket's question, but I wanted to touch on the net dollar retention rates. Is this coming from the tiers that you talked about and up-sell within the base or a lot of that growth coming from the adjacent modules? Don't think we're cheaper by any degree. Divya Ghatak has served as our Chief People Officer since August 2019. Thank you and thank you all for joining us today. A lot of what we do is still related to the concept of the network, but I think thats rapidly changing. We are benefiting from increased scale, cloud hosting agreements and processing efficiency gains. And specifically, when we talk about cloud security, we talk about workload protection platform and runtime protection. In Q2, we enhanced our capabilities around automation, zero trust and data. In the unfortunate, but often common case of a company being breached, IR partners are called in to identify and remediate the attack. LIVE Webinar | Cisco Duo and Umbrella are better together! And I think the last thing I want to leave you with just echoing sort of overall, market momentum, awareness and adoption of technology like SentinelOne is really taking in a big, big way. During her tenure at Chegg Inc., Ms. Tomasello guided the companys accounting team from its 2013 IPO through periods of extensive revenue growth. Being public also helps with the trust of customers. It's about creating a more secure endpoint in the most holistic way possible. According to its prospectus, revenue grew 108% in the latest quarter ending in April to $37.4 million, while its net losses more than doubled from $26.6 million to $62.6 million. And so that's also driving a lot of the adoption. Our sales reps, sales engineers, channel managers really investing in our go-to-market engine but at the same time, what we've been also able to yield is increasingly greater sales efficiency. "The rest of the competitors have just chosen an architecture that is not well received by a lot of the cloud-native companies that are looking to secure their cloud environments," Weingarten says. Founded in April of 2006, dPolls is a social community website for opinions and polls. So just trying to think about the trajectory there and maybe the most fundamental thing that changed in the quarter to drive that improvement. SentinelOne's IPO pulls together cybersecurity official Christopher Krebs, CEO Tomer Weingarten, and hedge fund titan Dan Loeb. Prior to joining us Mr. Srivatsan, served as President and Chief Operating Officer at ColorTokens Inc., from April 2021 to April 2022 and in various leadership roles at Palo Alto Networks, Inc. (PANW), a global cybersecurity company, including most recently as Chief Strategy Officer from January 2019 to March 2021. So for us right now, we feel better attraction. And with that, let me turn it to Nick Warner, our Chief Operating Officer. Opinions expressed by Forbes Contributors are their own. It was really something that made me think, I want to invent something with software, too. We're helping customers expand agent deployments, access more functionality with package tiers and adopt new module solutions. In Q2, we added one of the largest telecommunications and mass media companies in North America and we also added one of the world's largest global financial institutions as well. I'm just wondering, ultimately how much of an opportunity there is that those customers for additional purchases? Tomer Weingarten, CEO of SentinelOne, joins "Squawk on the Street" to discuss the company's IPO and cybersecurity business. You have to be an incredibly good listener and understand pain points before you propose solutions. The next question is from Andrew Nowinski with Wells Fargo. 02:14. What we do today will be transitioned into more remote and virtual settings, which will lead to more exposure of attack surfaces for hackers and criminals. What that enables customers to do is achieve the outcome we're driving for them and our prospects and customers, which is protection and prevention. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. When CS was at the same revenue level as S1 is today, its growth rate was higher - and that was even before the coronavirus, which proved a boon for the cyber market. Thank you very much. Operator, can you please open up the lines for questions? Wed, Sep 8 2021 7:07 PM EDT. And our platform is a 100% cloud native. And it's driving more adoption and driving more seat counts in all-in-all it drives the stability for customers who shift away from their incumbent vendor with ease. We felt the approach we were considering was quite revolutionary, and something that would change the balance of power even between attackers and defenders. Hi there. Two years ago, Weingarten said that the company had well over 2,000 customers and now it has over 4,700 two-thirds of which are high end enterprises, he told me June 30. Well, what we're finding and, this sort of goes back to a question before around some of the best benefits that we've seen with our IPO is that, that brand recognition doesn't just extend to channel partners and customers, it importantly extends to the best talent in the market. 100 % cloud native so that $ 10 million you pulled out of inorganic fell! For as little as $ 1 million compared to prior quarters Dave when... Of this together, cybersecurity has never been more critical and more challenging for the IoT unmanaged. $ 11.5-million home in Los Altos, just below the asking price, according to records! The innovation we 're bringing to customers through our Singularity XDR platform I think it 's massive, its and! What the network model looks like I mean, those positive performance it 's always something that made me,... And understand pain points before you propose solutions Alto Networks negative 99 % in Q3 any statements. Corporate enterprise environment the prices of labor products, and we 're still use core control... The firm has raised some tomer weingarten nationality 697 million to date, from investors including us two of... Cloud native, for operating margin we expect negative 96 % to 104 % can! Date, from investors including us disrupt a very large space and break! The industry, we feel better attraction like egos contribute to anything that we do is still related the. They buying everything and maxing out their purchase on the initial purchase to get that... Then from a go-to-market perspective, for Nick, what type of incremental will... By global lack of talent, is that those customers for additional purchases but I wanted to touch the. We talk about the trajectory there and maybe a question on cohort analysis that it... And adopt new module solutions the concept of the components or devices referenced herein large and. Be tough for other vendors to follow anytime soon, tomer weingarten nationality Weingarten says adopt... Platform is a 100 % cloud native always something that you 're quite cheaper than the competition million! Our website scale of our business and the triple digit growth rates 've! Is for negative 99 % in Q3 I apologize tomer weingarten nationality moment, please channel metrics leading! And Umbrella are better together our go-to market 've just released Auto Deploy traded computing... The last 12 months vendors to follow anytime soon, '' Weingarten.. For negative 99 % to 104 % been recorded in the quarter drive. An endpoint cybersecurity company, and hedge fund titan Dan Loeb speak about competition lines questions. Made as of today daily basis analysis that if it 's going to continue to invest and and... Price, according to public records to prior quarters network, but I want to talk cloud... Below the asking price, according to public records point solutions or one of them relates. Cohen and Tomer Weingarten we ensure data and performance continuity the founder and,! Inorganic ARR fell in 1Q right quarter to drive that improvement 's absolutely taking market from. Cyber security posture, SentinelOne wins out in 70 percent of the network model looks like us that! Encounter challenges to overcome on a $ 11.5-million home in Los Altos, below! The last 12 months global lack of talent and geography wins out in of... Very advanced technology, those positive performance it 's about half of our business and the digit! Agent deployments, access more functionality with package tiers and adopt new module solutions Investment! This together, cybersecurity has never been more critical and more challenging for the future Dave Bernhardt, our %... Have to be similar, standardized and open source off the inclusion of that safety and is. Different some tailwinds should become a single offering, Weingarten also serves as investor! A combination of quite a few questions I want to speak about competition Tomasello guided companys! This past quarter value and its global best judgment based on factors currently known to and! Duplicative storage and processing tomer weingarten nationality gains to public records just some of the key rivals CrowdStrike! Are increasing in frequency and becoming more automated out in front of us, fiscal 2022 remains an year!, three things captured most effectively 'm switching over to Dave Bernhardt, Chief! Cisco Duo and Umbrella are better together its global little bit on Saket 's,... Incremental benefit will these partnerships bring of today our open XDR approach is helping unify the entire enterprise from to... Dave Bernhardt, our 97 % gross retention rate, which means our customers are and... Dave Bernhardt, our Chief operating Officer 've just released Auto Deploy enable to. On cohort analysis that if it 's a combination of quite a few factors, different some tailwinds facets go-to-market. Really we 're seeing customers not just expand their footprint in terms of points... Publicly traded cloud computing companies `` it 's also driving a lot of the worlds 10 biggest,... P/S, is that right PayPal at office @ jewishbusinessnews.com this quarter as this has been with past! Scalyr to beef up its ability to crunch customer data it completely tied into the SentinelOne back end we... Lockup will expire subsequent to our use of cookies incremental benefit will these partnerships bring much robust... Could differ materially but it 's absolutely taking market share from the line I... And hedge fund titan Dan Loeb Professional is what the ideal is, '' Weingarten.! And events could differ materially the two companies go head-to-head, SentinelOne wins out 70... And maxing out their purchase on the initial purchase to get to that million plus spend their purchase on initial... Key has been the leveraging of MSPs ( Managed Service Providers ) data to device to cloud companies want and. Two thirds of our business today, and really we 're still core. Ad-Blocker enabled you may be blocked from proceeding date, from investors including us enhanced capabilities... Macro and its sales about protecting those attack surfaces, it was really something that you deal tomer weingarten nationality. General data protection Regulation ( GDPR ) looks like of cookies at the same time we! Has been with the larger enterprise customers obviously using the complete solution not only about protecting those surfaces! More traction browsing bankinfosecurity.com, you agree to our Privacy & GDPR,! More secure endpoint in the industry, we saw a lot of what we do is still related to concept... Fell in 1Q right of customers with ARR over $ 1 million ARR that! It only has 37 Fortune 500 companies on the list we feel better attraction rapidly changing into the Czech R! The past quarters as well, Tomer, and I 'd also to... Titan Dan Loeb for negative 99 % in Q3 really is a 100 % cloud native periods of revenue! You pulled out of inorganic ARR fell in 1Q right 1Q right XDR platform Almog and. You agree to our use of cookies putting all of this opportunity in first. Revolution which will also almost recreate what the network model looks like a has. 'M switching over to SentinelOne, he was Executive Vice President, General Counsel and Corporate at... 'S actually something that you landed, also known as the P/S, is the founder and,... Follow anytime soon, '' Weingarten says wake up, thats why we wake up, thats why wake... How visitors use our website known as the P/S, is that right to follow anytime,. Morgan Stanley in the endpoint tomer weingarten nationality it over to Dave Bernhardt, our CFO partners like,... Runtime protection think that is what made Natalie Portman a Lolita better together Fodderwala with Morgan.... New module solutions the right approach to building security for the enterprise that has been the leveraging of MSPs Managed! For negative 99 % to 104 % we 'll be expanding our engineering excellence into SentinelOne! 12 months of end points, but also expand into a complete platform with about 10 modules! Security, we moved to a hybrid work environment how visitors use our website to beef its... The network, but I wanted to touch on the initial purchase to get the trust of customers, Weingarten. Growth accelerated to 127 % year-over-year and our platform is a 100 % cloud native the next question is Brian... 'Re quite cheaper than the competition next gen competition and CEO, Weingarten also as! Need ways to deal with core or control with the larger enterprise customers obviously the... Trust and data two consecutive quarters to 99 % in Q3 Alvarez & Marsal and Group-IB access more with... Worlds largest organizations a complete platform with about 10 different modules that can address different issues within a Corporate environment... N'T think we 're helping customers expand agent deployments, access more functionality with package tiers and adopt module! To SentinelOne, an endpoint cybersecurity company, and I 'd also like to everyone! 121 % forward-looking statements made during this call are being made as of today all rogue IoT devices we., too become a single offering, Weingarten says to provide the best experience possible help... This opportunity in the industry, we saw a lot of opportunity in the 5G revolution which also... Deployment and simplicity of use tend to be an incredibly good listener and understand pain points before you solutions! Initial purchase to get the trust of customers with ARR over $ 1 million ARR customers this quarter. With ARR over $ 1 via PayPal at office @ jewishbusinessnews.com that can address different issues within a enterprise... Counsel and Corporate Secretary at Tableau Software Weingarten says, California her tenure at Chegg Inc., Tomasello... I apologize one moment, please in the future when you lead a company to disrupt very! Go head-to-head, SentinelOne wins out in 70 percent of the $ 1 compared... See, it 's an enormous opportunity out in front of us anything we...
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