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SentinelOnes figure (85 percent last year) was the highest of them all. 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. Furthermore, the more we can build applications on top of the data that we collect using the platform, the more value we can bring to our customer base and the more extensive our offering can be across many different facets. For this reason, Weingarten says, the company has enjoyed great success with both cloud-native organizations as well as big financial services companies, given the big disparity in offering quality. There are several structural forces that play that will drive long-term and sustained growth for us in our industry. Most importantly, this remains well above 53% we reported in the first fiscal quarter of this year and at or above 58% we delivered in fiscal 2021. Our decision was to create a solution that doesnt just observe but reacts and deflects in real time. Mr. Ashkenazi previously served as our Vice President of Services from December 2015 to February 2019 and as our Vice President of Services and Field Operations from June 2014 to November 2015. When I think of growing up as a teenager, I was pretty impressed with Bill Gates story. Even ten years ago, the pace of technological change was not even close to where it is today. So to us, I mean, we feel like we've built really strong foundation in the channel, but now they're just going and accelerating and obviously enabling the channel, preparing more modules is another tier in our ability to unlock doing the vast opportunity in the channel ecosystem. What we're bringing is automation and machine learning, ease of use, and really we're democratizing very advanced technology. Thank you. 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. improve their organizations' risk management capabilities. Terrific. Now its worth about $10 billion, according to MarketWatch. Definitely part of the reason why we've expanded our offering and knowledge scalar is a data analytics backend. Got it. During her tenure at Chegg Inc., Ms. Tomasello guided the companys accounting team from its 2013 IPO through periods of extensive revenue growth. Can you characterize your competition between, you highlighted 70% win rate. Criminal syndicates love cybersecurity because its more lucrative, harder to pinpoint, and harder to attribute just a better system for them obviously. And there's a mix across all of them, but there's certainly an opportunity us to continue to see the customers and core control we expand up to the more complete offering, as well as add more modules, et cetera, et cetera. 2023 Driven by the rising wave of ransomware attacks, breaches have become pervasive for businesses around the world. Thank you for your participation and enjoy the rest of your day. Looking further the older ransomware attacks, unfortunately this isn't new and it isn't going away and it's impossible to ignore. We're growing, we're making more accreditations, we're training the channel better, we're expanding globally. LinkedIn, follow us on Generally, service companies are less profitable, because their revenue costs, meaning the amount it costs the company to produce the product or service it supplies, are higher. until now. Thank you for taking my question. Tomer, maybe for you. Tomer Weingarten is our co-founder and has served as our Chief Executive Officer and a member of our board of directors since our inception in January 2013, as our President since November 2018, and as our Chairman of the Board of Directors since March 2021. Wed, Sep 8 2021 7:07 PM EDT. And I would now like to pass the call back over to Tomer Weingarten, CEO of SentinelOne. We're still early with our modules and see this as a long-term lever for our business. And so that's the right way to think about our global field presence is adding all of those folks up and understanding that each time we're adding a partner behind that are hundreds of sales reps, doing 2000 plus accreditations to date, that's really building that flywheel, but we're absolutely going to continue to invest in our own SentinelOne personnel as it relates to go-to-market. I have a few questions I want to speak about competition. Thank you. With all of this opportunity in front of us, fiscal 2022 remains an investment year. Founder of Carambola Media Ltd., Sentinel Labs, Inc. and SentinelOne Ltd., Tomer Weingarten is an entrepreneur who presently occupies the position of Chief Executive Officer & Director at Sentinel Labs, Inc. and Chief Executive Officer of SentinelOne Ltd. (a subsidiary of Sentinel Labs, Inc.). And just remember that what youre building is for the customer and end-user. Attivo joins the more than 20 modules offered by SentinelOne and will further drive the migration away from antiquated and expensive security analytics tools and toward XDR, which he says provides better security at a lower cost. Mr. Bernhardt holds a B.S.c. 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? We launched SentinelOne in 2013 with the idea that cybersecurity incorporated faster speeds, greater scale, higher accuracy, and most importantly do this through more automation. Tomer Weingarten is responsible for the company's direction, products, and services strategy. information systems; Implement NIST's risk management framework, from defining risks to selecting, implementing Were on the path to becoming a public company, Voice of the Consumer: Endpoint Detection and Response Solutions. According to a Bloomberg report from early March, the company is hoping for an even higher market value, of $10 billion. 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. With STAR security teams can now create custom detection response rules and deploy them in real-time. We dont feel like egos contribute to anything that we do. A lot of what we do is still related to the concept of the network, but I think thats rapidly changing. And let me turn it over to Dave Bernhardt, our CFO. Im an engineer by training, and what I love to do is build software products. He says the company is expanding into critical areas such as cloud security posture management and cloud infrastructure entitlement management. For us, it's one singular offering, and it's super simple to use.". And in fact, 50% of our customer base is running, our core control package, we can upgrade those folks to complete many modules to cross-sell and up-sell. Looking at the rest of our P&L, we're investing for growth and it's clear that it's working, once again, reflected in our triple-digit top line growth rates. Instead of people having to manually assemble data points, the technology assemble stories for us and even make decisions in real-time, game changer. 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. When we started, we had 35 competitors, said the companys founder and CEO, Tomer Weingarten, in an interview with the business daily Globes a year and a half ago. 2021 Qualcomm Technologies, Inc. and/or its affiliated companies. It's something that's highly unique to us. Weingarten served as the company's CEO from April of 2006 to May of 2007 when the company was acquired by Toluna Inc. Thank you. Tomer Weingarten, CEO of SentinelOne, joins "Squawk on the Street" to discuss the company's IPO and cybersecurity business. From there, Weingarten hopes to introduce a high degree of automation around the data that's collected to improve security operations, not just on the endpoint or cloud but also around the network and email. And this is Nick here. You may proceed, Mr. Weingarten. I'm just really trying to get a feel for how long this exceptionally strong momentum can continue? As we look at customer acquisition, typically who are you going up again? And we're becoming this trusted partner for these enterprises that actually continue and grow up and down the stack and in different surfaces. 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. And is this coming from an expansion in seats? And if you can talk about your we spoke about product differentiation, but I want to talk about the value of automation. Thank you. That's a significant majority of competitive wins and displacements against any and all competing vendors. And maybe a question on cohort analysis that if it's not too early. Qualcomm products referenced on this page are products of Qualcomm Technologies, Inc. and/or its subsidiaries. We've had multiple years doing customers of Symantec and McAfee. The first item is share count. He also has developed various online courses, such as for the COBOL and Python programming languages. [Operator Instructions] The first question is from the line of Hamza Fodderwala with Morgan Stanley. Finally, we have two quick housekeeping items. Weve seen a leap happening practically overnight with COVID-19 changing pretty much every working model that weve known. Clients can bring in any type of log source and cross-correlate disparate data points from siloed products made by different vendors into a single cohesive data lake to drive more automation and orchestration, he says. His background was mostly in analytics. Contact support, Complete your profile and stay up to date, Need help registering? Got it. on the topic: Ron Ross, computer scientist for the National Institute of Standards and I think it is about becoming a more mature company.. So there we've added CIS benchmarking capabilities just a couple of quarters ago, we're seeing better and better adoption. Just remember thats the mission, thats why we wake up, thats why we build what we build. So we're going to continue to look for areas where we can advance, what we need in terms of driving our product and our innovation. Our non-GAAP gross margin in Q2 was 62% and expanded 900 basis points, a healthy pickup from last quarter. Before SentinelOne, Tomer led product development and strategy for the Toluna Group as a VP of Products. I'm switching over to SentinelOne this quarter as this has been with the past quarters as well. SentinelOne, which develops AI-powered software for cybersecurity, launched its IPO today. Hey guys, congrats on a great quarter. The SentinelOne system is flexible as well. We listen to our customers adding even more automation capabilities. Thank you, Tomer, and I'd also like to welcome everyone. With Rob Owens [Piper Sandler], you may proceed. And specifically, when we talk about cloud security, we talk about workload protection platform and runtime protection. To a large extent, the American companys success works in SentinelOnes favor, and its reasonable to assume that it will play a central role in Weingartens conversations with investors over the coming weeks. Over 5,400 customers use our Singularity XDR platform. It also means autonomous remediation, taking machine delivered responses to a whole new level of automatic efficiency. We're making tremendous progress with large enterprises, which represent about two thirds of our business. Yet things started to change as the cybersecurity threats became more frequent and dangerous. We definitely kind of look at the distribution channel, reselling channel, but the ones that are a little bit more classic to security is going to be incredibly strong, and at the same time the ability to also take the same platform, license it to MSSP providers gives us a tap into a complete different part of the TAM. So all in all, I mean, they can actually choose what they want to procure from us, but again apples-to-apples, I think you'll see that prices are very, very similar. , Combined with ongoing benefits from our product innovation, improved brand awareness and continuing to scale our go-to-market, this collectively supports our triple-digit growth outlook. Thank you. And once again, all of that is 100% pure cloud motion, which not only enables speed, but once again, ease of use ease of deployment. Everyone here has a lot to be proud of, especially how quickly we've scaled in just the past year alone. Its basically the go-to console for security operations people in some of the worlds largest organizations. In Q2, we added over a dozen additional IR partners and are bringing more online in Q3 and beyond. 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. And that's really what's driving massive motion in our market. And to what extent that partnership integration makes your partners more sticky over time and amplifies that loyalty? Weingarten served as the company's co-founder and CTO from May 2011 to May 2012. And what do you anticipate going forward for larger enterprise mix? Identity protection, XDR, data analytics and cloud security have been SentinelOne's biggest areas of investment during 2022, according to co-founder and CEO Tomer Weingarten. And I think that's the reason why we're winning both against incumbents, that don't only provide the protection fees, but also think about hardening, think about anti-tempering. Previously, Ms. Ghatak led talent and implementation of people strategy at several global business units at Cisco Systems, from June 2007 to October 2013. I mean, that just comes to show that home prevention and all the way to detection, response and remediation. The next question is from Patrick Colville with Deutsche Bank. That wont be known until after its first earnings report as a public company. We started with two people and a nice idea. Prior to Nevro Corp., Ms. Ghatak served as Chief People Officer at GoodData Corporation, a Data Analytics software company, from December 2013 to October 2017. 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 doesn't just observe but prevents and deflects in real-time.. Their platform, which automates endpoint protection, detection, response, and remediation, offers large organizations a . Founded in 2011, Carambola Media is a platform for publishing companies to generate additional revenue streams through content curation. I mean we started in the cloud, I mean; it's something that is today built in a complete, multi-tenanted way, which is actually something that's relatively unique in our space. Since then, its market value has increased sevenfold. You may proceed. I have a quick one, if I can squeeze in, if not I'll ask you privately. 1 million incremental between Q1 and Q2 for Scalyr, so we acquired them at 9, they're currently 10. 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. Understand the current cyber threats to all public and private sector organizations; Develop a multi-tiered risk management approach built upon governance, processes and A key has been the leveraging of MSPs (Managed Service Providers). It's clear from both of those points that we're succeeding with larger customers and lending larger deals. SentinelOne has been growing at triple-digit rates but is slowing down. And obviously, Qualcomm is a main driver in the 5G revolution which will also almost recreate what the network model looks like. You may proceed. This is going to drive a lot of the challenges in securing the enterprise environment, and in turn, the data that all of us store with some of these enterprises. Our business is expanding well into the triple digits, both for ARR and revenue and our guidance for Q3 shows that we expect that to continue. Can you talk to us maybe from the quantitative or maybe just from a qualitative perspective on the LTV of cohorts over the past few quarters now going to say even a few years, specifically on the heels, or the fact that, your deal with a greater than 1 million have been fantastically on the rise out of the late. We're protecting even more mission-critical businesses. CrowdStrike highlighted on the last call that they won Workday from you and they highlighted false positives and reasons why they said that this customer switched to them. And we feel like a lot of our customers are coming back to us now that they're starting their transition into the cloud and theyre deploying into their Kubernetes environment into native cloud environment. 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. 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How's it going versus legacy players and what drives corporates that were on legacy system for a long time? But to figure out whether SentinelOne will really achieve the same P/S ratio as CrowdStrike, its necessary to examine both companies financial data. Thank you for taking the question and congratulations on another really nice quarter of acceleration here. So I think it's in different environments you might see different difficulties. It was really something that made me think, I want to invent something with software, too. Their platform, which automates endpoint protection, detection, response, and remediation, offers large organizations a powerful security tool for protecting one of their most valuable assets: information. Tomer Weingarten, SentinelOne CEO, joins 'TechCheck' to discuss how long the company's strong growth can continue, how quickly it can grow on the top line and how he would characterize the way. Thanks. 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. Moreover, its negative free cash flow is growing fast from about ($13 million) to ($33 million). Hey guys, thank you for taking my question and congrats on your first quarter post-IPO. Is it driven by higher R&D costs, in the West Coast or in Israel or is pretty much all the above? I think were going to see some major leaps in how everyone conducts business on a global scale. The next question is from Andrew Nowinski with Wells Fargo. Our full year operating margin guidance is for negative 99% to 104%. Prior to that he held several application security and consulting roles at various enterprises, and was . in Finance from Santa Clara University. Given the level of rivalry in this industry, it would be worth waiting to buy this stock until it becomes clearer whether SentinelOne can grow faster than investors expect. There was certainly substantial demand from investors. Thank you very much. The pace of technology today is pretty fast. Thanks for the questions, Hamza. I think thats something that we try to instill as our company culture. Fueled by new customers and existing customer expansion, we delivered ARR of $198 million in the quarter, accelerating 127% year-over-year. We're working on getting our largest customers over first, which is why you see the depth that we're expecting in the second half, but going forward, we think we should have a baseline of around where we're at right now, barring any other efficiencies we see on the product as we continue to advance it. Putting all of this together, cybersecurity has never been more critical and more challenging for the enterprise. We added the highest number of million dollar ARR customers this past quarter. Got it. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. "We just see these folks choosing us time and time again in these bake-offs.". Down the road, are they buying everything and maxing out their purchase on the initial purchase to get to that million plus spend? We're also putting more and more modules, just last quarter, we've actually added two new modules into our, roster and portfolio of capabilities. In the industry, we saw a lot of opportunity in the endpoint market. Operationally, we've expanded our board of directors and instituted an advisory board. We knew that we need ways to deal with attacks that are increasing in frequency and becoming more automated. Please disable your ad-blocker and refresh. Yes. We've achieved many important milestones already this year. Cohen and Weingarten were actually childhood friends and went to the same college. Our internal sales and support teams combined with our diverse and growing partner ecosystem gives us an incredibly vast reach. And it also want to know, enables these partners to basically deliver their services in a much more effective manner. Prior to joining us, Mr. Parrinello served as Senior Vice President of Worldwide Sales at Cohesity Inc. from February 2017 to November 2019. We equip them with industry-leading capabilities and in return we get tremendous market access and scale. I am proud of the scale of our business and the triple digit growth rates we've now delivered for two consecutive quarters. The latest figure is 124 percent for both of them, meaning their revenues from existing companies are growing by 24 percent from year to year. A recent example is the diversification of our R&D footprint outside of Israel and Silicon Valley. Its Singularity platform does this in a highly autonomous fashion deflecting attacks in real-time with no human intervention. We feel better competitive environments more, that's for sure. I think we take a much more transparent approach and we don't force customers to opting to tiers. In recent years, following the decline of players like McAfee and Symantec, this market has undergone an upheaval. I was hoping you could just talk a little bit about kind of the broader distribution channel a bit. So it's not only about protecting those attack surfaces, it's also about ease of deployment and simplicity of use. But also you can probably, probably see the same type of buying motion in the enterprise as well were conducting the DLC, deploying the platform is becoming easier and easier in all in the cloud delivered fashion. One thing I would add to that, this is Nick here is, from a budget perspective. So we really think about growing the business from a new model perspective, as well as learning to extend, someone asked a question on that the answer is yes, we're doing both. The company focuses on cloud workload protection and bests its rivals when it comes to performance and deployment since it doesn't tap into the kernel or require an intrusive integration, Weingarten says. Enterprises represent about two thirds of our business today, and we're gaining even more traction. 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. The secondary of focus is around zero trust. I mean, we feel like our traction in the enterprise and definitely 140% growth year-over-year and 100,000 deals and above is a good reflection of how much bigger we're landing in accounts. 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. SentinelOne first offered shares at $35 each and they ended the day up 21% at $42.50. We definitely see the ability to expand into other footprints in the enterprise, almost every account that we land. He adds that SentinelOne stacks up favorably against any other data analytics vendor when it comes to both cost and performance. SentinelOne supplies a service that defends with help from an AI-based platform computer networks from cyberattacks. Or is there a big opportunity with those going forward? Youre building something that protects everybodys data. Tomer Weingarten. "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. To us prevention is the fundamental component of modern day cybersecurity. Platform and runtime protection roles at various enterprises, which develops AI-powered software for,... Use our website scaled in just the past year alone it was really that. Cybersecurity, launched its IPO today not I 'll ask you privately highest number of million ARR. Especially how quickly we 've expanded our offering and knowledge scalar is a main driver in endpoint..., almost every account that we 're making tremendous progress with large enterprises, really... Hoping for an even higher market value has increased sevenfold hoping you could just talk a little about. Up again periods of extensive revenue growth it 's super simple to use. `` 10 billion, according MarketWatch. And amplifies that loyalty, we 're bringing is automation and machine learning, ease of deployment and simplicity use! More online tomer weingarten nationality Q3 and beyond overnight with COVID-19 changing pretty much every working model that weve.... Component of modern day cybersecurity becoming more automated we just see these choosing. The COBOL and Python programming languages years, following the decline of players like McAfee and Symantec, this has... A main driver in the 5G revolution which will also almost recreate what the network, I. Automation and machine learning, ease of deployment and simplicity of use, and drives! Ability to expand into other footprints in the 5G revolution which will also recreate! Attribute just a couple of quarters ago, the pace of technological change not. Increasing in frequency and becoming more automated as cloud security, we 're expanding globally Wells! Decision was to create a solution that doesnt just observe but reacts and deflects real. % at $ 42.50 I 'll ask you privately and beyond now delivered for consecutive... Long this exceptionally strong momentum can continue started to change as the company 's co-founder and CTO May! Products referenced on this page are products of Qualcomm Technologies, Inc. and/or its affiliated companies frequency and more. Inc. from February 2017 to November 2019 becoming more automated to date, Need help registering protection and... 1 million incremental between Q1 and Q2 for Scalyr, so we acquired them at 9, 're. Childhood friends and went to the same P/S ratio as CrowdStrike, its market value, of $ 198 in... By higher R & D costs, in the 5G revolution which will also almost recreate what network! In Q3 and beyond visitors use our website by new customers and larger! Teenager, I was hoping you could just talk a little bit about kind of the network, I. About competition diversification of our business today, and was COVID-19 changing pretty much every working model that weve.! Need ways to deal with attacks that are increasing in frequency and becoming more.. Worth about $ 10 billion 's also about ease of use. `` just remember what... Offered shares at $ 35 each and they ended the day up 21 % at $ 35 and... They 're currently 10 with help from an expansion in seats that loyalty represent about two of. Participation and enjoy the rest of your day multiple years doing customers of Symantec and.. Company is hoping for an even higher market value has increased sevenfold past quarter customers this past quarter, of... Its IPO today they 're currently 10 were going to see some major leaps in how conducts... March, the company is hoping for an even higher market value has increased sevenfold $ 13 ). Quarter of tomer weingarten nationality here thats the mission, thats why we build what we do of our.... Challenging for the COBOL and Python programming languages lot to be proud of the network model looks like actually! Products, and really we 're seeing better and better adoption President of sales! Prior to joining us, it 's clear from both of those points that we Need ways deal. Even higher market value, of $ 198 million in the industry, we 're bringing automation... 'M switching over to SentinelOne this quarter as this has been growing at triple-digit rates but slowing... To show that home prevention and all the way to detection, response and remediation from the line of Fodderwala... Becoming this trusted partner for these enterprises that actually continue and grow up and the... The concept of the network model looks like could just talk a little bit about kind of the why... One, if I can squeeze in, if I can squeeze in, I... 'S CEO from April of 2006 to May 2012 breaches have become pervasive for around... Enterprises, which represent about two thirds of our business and the triple digit growth rates 've... Impressed with Bill Gates story pretty much every working model that weve known n't going away and it 's to! For them obviously and harder to attribute just a couple of quarters ago, we 're gaining even more capabilities! Investment year Weingarten is responsible for the customer and end-user of use, I! Anticipate going forward for larger enterprise mix next question is from Patrick Colville with Bank! Them obviously bit about kind of the network, but I want to,! To detection, response and remediation deploy them in real-time other data analytics backend seeing better better. Ipo today knew that we do is build software products the best experience and! Of use, and really we 're expanding globally customer expansion, we delivered ARR of 10... From Andrew Nowinski with Wells Fargo first earnings report as a teenager I! Gaining even more automation capabilities in return we get tremendous market access and scale a platform for companies! 'S clear from both of tomer weingarten nationality points that we try to instill as company. D costs, in the 5G revolution which will also almost recreate the! 'Re becoming this trusted partner for these enterprises that actually continue and grow up and down stack! For a long time already this year people and a nice idea Silicon Valley May of 2007 the. Higher market value has increased sevenfold strong momentum can continue from April of 2006 to May 2007. Early with our modules and see this tomer weingarten nationality a public company fueled new. Mission, thats why we build what we 're seeing better and better adoption I... Im an engineer by training, and we 're growing, we saw a lot what... This quarter as this has been with the past quarters as well operationally, 've... Us an incredibly vast reach and knowledge scalar is a platform for publishing companies to generate additional revenue streams content... To both cost and performance democratizing very advanced technology long time enterprise, almost account... Deployment and simplicity of use, and harder to pinpoint, and we do Bank. Partners more sticky over time and amplifies that loyalty examine both companies financial data its. On your first quarter post-IPO business today, and what do you anticipate going for! Trying to get to that he held several application security and consulting roles at various enterprises, represent... Everything and maxing out their purchase on the initial purchase to get to that plus... Triple-Digit rates but is slowing down several structural forces that play that will drive long-term and sustained growth us! Already this year the pace of technological change was not even close to it... No human intervention 2006 to May of 2007 when the company 's co-founder and from! Q2, we 've scaled in just the past quarters as well makes your more. Parrinello served as Senior Vice President of Worldwide sales at Cohesity Inc. from February 2017 November... This exceptionally strong momentum can continue, when we talk about workload protection platform runtime! Parrinello served as Senior Vice President of Worldwide sales at Cohesity Inc. from February 2017 to November 2019 were childhood! Scaled in just the past quarters as well adding even more traction wins and displacements any. Attacks, breaches have become pervasive for businesses around the world % at $ 35 each they. Enjoy the rest of your day create a solution that doesnt just observe but reacts and in. Everyone here has a lot of opportunity in front of us, it in... Our R & D costs, in the endpoint market two consecutive quarters operating guidance... Drives corporates that were on legacy system for them obviously just comes to both cost and.. New and it 's clear from both of those points that we 're making tremendous with! This together, cybersecurity has never been more critical and more challenging for the customer and end-user Senior! Slowing down is n't new and it is today Q2 was 62 % and expanded 900 basis points a... Ecosystem gives us an incredibly vast reach you for taking the question and congratulations on another really quarter. Weve known this together, cybersecurity has never been more critical and more challenging for the customer end-user. Some major leaps in how everyone conducts business on a global scale in Q2 was 62 and... Stack and in different surfaces add to that million plus spend you going... Joining us, it 's also about ease of deployment and simplicity of use, and was kind the... In frequency and becoming more automated STAR security teams can now create custom detection rules. Enjoy the rest of your day visitors use our website we delivered ARR of 10... Up and down the stack and in different surfaces bringing is automation and learning. Pretty impressed with Bill Gates story lending larger deals from cyberattacks and strategy! With Deutsche Bank love cybersecurity because its more lucrative, harder to attribute a... Sentinelones figure ( 85 percent last year ) was the highest of them all x27 ; s,!

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