AppSense seeing strong growth
INTERNATIONAL business software company, AppSense, has said it has mad a strong start to the current financial year, with record orders.
The company said new orders in the six months, ended December 31, were up 20% year-on-year marking a record for the Warrington-founded business in bookings and revenue.
Financial figures were not disclosed. AppSense, which counts financial giant Goldman Sachs as a shareholder, has previously been linked with a Wall Street IPO, but the process did not proceed.
Most recently-published accounts for the year to Jubne 2014 show the company, founded by Cheshire entrepreneur Charles Sharland, made an EBITDA loss of £3.4m on revenues of £58m.
In relation to current trading AppSense chief executive, Scott Arnold, said the growth was the result of increased demand for endpoint security.
The company, which has 170 staff at Daresbury Park near Warrington, increased its customer base by 230, and reported that the number of ‘seven-figure’ deals increased five fold during the latter half of 2015.
The vendor reported that half a million instances of its AppSense Application Manager endpoint security solution were added during the company’s H1 fiscal 2016.
AppSense solutions have been deployed by more than 3,600 businesses worldwide to 9 million endpoints. The company is headquartered in Sunnyvale, California and has offices around the world.
