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Md. cybersecurity firm sees increased revenue and billings in 2017

Tenable's current headquarters is on Columbia Gateway Drive. (Tenable photo)

Tenable’s current headquarters is on Columbia Gateway Drive. (Tenable photo)

Tenable Network Security Inc., a cybersecurity firm in Columbia, showed increased revenue and billings in 2017.

The company had billings of more than $250 million, which grew more than 45 percent from 2016. Additionally, revenues for 2017 were $189 million, which grew more than 50 percent from 2016.

The company’s fourth quarter was the seventh consecutive quarter with more than 40 percent year-over-year billings growth.

Tenable wouldn’t disclose whether it was profitable in 2017.

Also in 2017, the company released Tenable.io, which lets users quickly identify vulnerabilities. Tenable added more than 1,000 customers, bring them to more than 24,000 customers in more than 160 countries. The firm also opened its international headquarters in Dublin, Ireland last year.


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