Tenable Network Security

Tenable Network Security

Unified security monitoring solutions for securing enterprise networks. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues440m541m683m799m893m993m1.1b
% growth24 %23 %26 %17 %12 %11 %11 %
EBITDA(25.8m)(25.6m)(44.1m)(4.5m)183m225m281m
% EBITDA margin(6 %)(5 %)(6 %)(1 %)21 %23 %26 %
Profit(42.7m)(46.7m)(92.2m)(78.3m)(50.7m)(30.3m)(8.7m)
% profit margin(10 %)(9 %)(13 %)(10 %)(6 %)(3 %)(1 %)
EV / revenue11.6x10.5x6.0x6.6x5.2x4.5x3.9x
EV / EBITDA-197.6x-222.4x-92.7x-1183.2x25.5x19.9x15.1x
R&D budget102m116m144m153m---
R&D % of revenue23 %22 %21 %19 %---
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DateInvestorsAmountRound
-

N/A

-

$50.0m

Series A

$250m

Series B
N/A

N/A

Secondary
N/A

$250m

Valuation: $2.1b

11.2x EV/LTM Revenues

-58.0x EV/LTM EBITDA

IPO
*
N/A

$256m

Post IPO Equity
Total Funding€273m

Recent News about Tenable Network Security

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More about Tenable Network Securityinfo icon
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Tenable, Inc. is a cybersecurity company that specializes in vulnerability management. The company operates in the cybersecurity market, providing solutions to identify, investigate, and prioritize vulnerabilities in IT and operational technology (OT) environments. Tenable serves a diverse range of clients, including enterprises, government agencies, and critical infrastructure operators, who need to protect their digital assets from cyber threats.

Tenable's core offerings include several products such as Tenable.io, Tenable.ot, and Nessus. Tenable.io is a cloud-based platform that provides comprehensive vulnerability management, allowing clients to see and track all their assets with high accuracy. Tenable.ot focuses on securing operational technology, which includes industrial control systems and other critical infrastructure. Nessus is a widely used vulnerability scanner that helps organizations identify potential security issues in their networks.

The company's business model is primarily subscription-based. Clients purchase annual subscriptions to access Tenable's platforms and services. This model ensures a steady revenue stream and allows clients to benefit from continuous updates and support. Tenable also offers professional services, customer education programs, and a community support system to enhance the value of its products.

Tenable makes money by selling these subscriptions and additional services to its clients. The company also provides specialized solutions like PCI ASV (Payment Card Industry Approved Scanning Vendor) services to help businesses comply with industry standards.

In summary, Tenable is a key player in the cybersecurity market, offering advanced tools and services to help organizations manage and mitigate cyber risks effectively.

Keywords: Cybersecurity, Vulnerability Management, Cloud-based, Operational Technology, Nessus, Tenable.io, Subscription Model, Risk Reduction, PCI Compliance, Critical Infrastructure.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Tenable Network Security

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Indegy
ACQUISITION by Tenable Network Security Dec 2019
Alsid
ACQUISITION by Tenable Network Security Feb 2021
Bit Discovery
ACQUISITION by Tenable Network Security Apr 2022
Ermetic
ACQUISITION by Tenable Network Security Sep 2023
Accurics
ACQUISITION by Tenable Network Security Sep 2021
Authomize
ACQUISITION by Delinea Jan 2024
Cymptom
ACQUISITION by Tenable Network Security Feb 2022
Eureka
ACQUISITION by Tenable Network Security Jun 2024
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