Recognized as Having the Potential of Being Valued at $1B

Stellar Cyber, the Open XDR innovator, has been named a finalist in Cyber Defense Magazine’s Black Unicorn Awards. The awards will be presented during CyberDefenseCon 2023 in Orlando, Florida on October 26-27, where top global CISOs exclusively gather by invitation only.

Stellar Cyber competed against many of the industry’s leading providers of cybersecurity products and services for this prestigious award. The term “Black Unicorn” signifies a cybersecurity company that has the potential to reach a $1 billion dollar market value as determined by private or public investment, and these awards showcase those companies with this kind of incredible potential in the cybersecurity marketplace.

“We’re pleased to name Stellar Cyber as a finalist among a small, elite group of cybersecurity industry leaders in our annual Black Unicorn awards,” said Judges Dr. Lindsey Polley de Lopez of www.VentureScope.com, Robert R. Ackerman Jr. of www.allegiscyber.com, Dino Boukouris of www.momentumcyber.com and Gary Miliefsky of www.cyberdefensemediagroup.com.

“Our Open XDR solution is the ideal foundation for a world-class cybersecurity defense system for MSSPs and enterprises alike,” said Steve Garrison, SVP Marketing at Stellar Cyber. “The rapid growth of our customer base, which now includes roughly 20% of the top 250 MSSPs, is a strong indicator that we’re headed for Black Unicorn status.”

About Cyber Defense Awards

This is Cyber Defense Magazine’s 11th year of honoring cybersecurity innovators, in this case the Black Unicorn Awards for 2023 on our Cyber Defense Awards platform. In this competition, judges for these prestigious awards includes cybersecurity industry veterans, trailblazers and market makers Gary Miliefsky of CDMG, Dr. Lindsey Polley de Lopez of VentureScope, Robert R. Ackerman Jr. of AllegisCyber, Dino Boukouris of Momentum Cyber and with much appreciation to emeritus judges Robert Herjavec of Cyderes, Dr. Peter Stephenson of CDMG and David DeWalt of NightDragon. To see the complete list of winners and finalists for the Black Unicorn Awards for 2023 please visit https://cyberdefenseawards.com/black-unicorn-winners-for-2023/ and download The Black Unicorn Report for 2023: https://cyberdefenseawards.com/the-black-unicorn-report-for-2023/.

About Stellar Cyber

Stellar Cyber’s Open XDR Platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill level to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering an 8X improvement in MTTD and a 20X improvement in MTTR. Learn more at https://stellarcyber.ai.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231026654508/en/