KnowBe4 Strengths, Domain Expertise, and Key Differentiators
KnowBe4 is the world’s largest security awareness training and simulated phishing platform that helps you manage the ongoing problem of social engineering. Our platform is user-friendly and intuitive. It was built to scale for busy IT pros that have 16 other fires to put out. Our goal was to design the most powerful, yet easy-to-use platform available. Customers with businesses of all sizes can get the KnowBe4 platform deployed into production at least twice as fast as our competitors. Our Customer Success team gets you going in no time, without the need for consulting hours.
KnowBe4 Recent Developments
KnowBe4 launched a new feature to its PhishER product called PhishRIPTM, which helps security professionals remove, inoculate and protect against email threats faster. How-PhishER-Works Technical controls do not filter out all of the malicious emails that come into a user’s inbox. Various research has shown that phishing, spam and malware attachments still make it through email filters. Mimecast notes filters are missing 12% of unwanted emails. According to research by the University of Plymouth in the UK, 75% without links and 64% with links of potential phishing messages made it into inboxes and were not in any way labelled to highlight them as spam or suspicious.
KnowBe4 Mergers and Acquisitions (M&A) Activities
In October 20, 2021, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with various entities representing SecurityAdvisor Technologies, Inc., collectively referred to as “SecurityAdvisor”. Under the terms of the Merger Agreement, SecurityAdvisor will become a wholly owned subsidiary of KnowBe4 (the “Acquisition”). The aggregate consideration for the Acquisition will be approximately $80.0 million, subject to post-closing adjustments based on customary purchase price adjustments for cash, net working capital and indebtedness, including transaction expenses incurred in conjunction with the Acquisition. Acquisition consideration consists of approximately $50 million of consideration paid upfront and an additional approximately $30 million of future incentive payments and restricted stock units.
KnowBe4 acquired CLTRe Norwegian company focused on helping organizations assess, build, maintain and measure a strong security posture. CLTRe will continue to operate as an independent subsidiary of KnowBe4, and service customers globally. CLTRe’s Toolkit and Security Culture Framework will be available to all KnowBe4 customers later this year.
KnowBe4 Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying KnowBe4 applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of KnowBe4 and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified KnowBe4 GRC Platform, Kevin Mitnick Security Awareness Training, KnowBe4 Enterprise Awareness Training Program, PhishER customers.
Ownership: - KNBE (NASDAQ)
Number of Employees: 1366
Key Verticals: Banking and Financial Services, K707, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Manufacturing, Oil and Gas, Chemicals, Professional Services, Utilities,
KnowBe4 Key Enterprise and Cloud Applications
KnowBe4 GRC Platform, Kevin Mitnick Security Awareness Training, KnowBe4 Enterprise Awareness Training Program, PhishER
KnowBe4 Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
KnowBe4 Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
KnowBe4 Enterprise Applications Revenues By Functional Markets, $M:
KnowBe4 Enterprise Applications Revenues By Verticals, $M:
KnowBe4 Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
KnowBe4 Direct vs Indirect sales
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KnowBe4 Customers - Breakdown by Geo, Size, Vertical and Product
No. of KnowBe4 Customers: 44319
No. of KnowBe4 Enterprise Applications Customers: x
No. of KnowBe4 Cloud Customers: x
No. of KnowBe4 Cloud Subscribers: x
KnowBe4 has over 43k+ customers worldwide. Among customers are: Europe, SIG plc, TXT e-solutions, Mayflower Theatre, Irish Cattle Breeding Federation, ABAX, Telkom South Africa and others.
KnowBe4 Market Opportunities, M&A and Geo Expansions
KnowBe announced its year-over-year sales for Q1 2020 increased 40% over Q1 2019.COVID-19-MS-COURSE-1. KnowBe4 is well-positioned to remain the market leader for security awareness training and simulated phishing. Cybersecurity is considered a critical function; especially given all of the phishing and other social engineering scams we’ve seen explode recently related to COVID-19. It continues to hire remotely for positions and there are currently 130 job openings. Despite COVID-19 impacting many industries around the world, KnowBe4 isn’t slowing down on hiring. Maintaining our positive and fun culture at KnowBe4 is vital to help keep our business moving forward.
KnowBe4 signed a reseller agreement with a Japanese major IT solution provider Dentsu, Ltd. (hereinafter, “ISID”) . The reseller agreement covers sales, marketing, and support for KnowBe4's security awareness training and simulated phishing platform.
KnowBe4 Risks and Challenges
Product innovation is key to success in the competitive market.
KnowBe4 Ecosystem, Partners, Resellers and SI
KnowBe4 partnered with SpyCloud to enhance its ability to check for exposed emails on the internet. The partnership with SpyCloud brings a new and improved version to one of KnowBe4’s complimentary tools. The Email Exposure Check Pro (EEC Pro) checks public documents, files and social media for email addresses that have been exposed within organizations. Users’ email addresses will be compared against SpyClould’s massive database to see if any of their credentials or other personal information were exposed in a data breach.
KnowBe4 partnered with Agari, the market share leader in phishing defense solutions for the enterprise, that creates a best-in-class approach to defend against phishing attacks at scale. Agari Partnership Logo As a result of this new partnership, information security leaders now have access to the best phishing training content combined with the best science-based phishing defense capabilities the market has to offer.
KnowBe4 Cloud Infrastructure Insights
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- KnowBe4 Public Cloud and Infrastructure (IaaS)
- KnowBe4 Platform (PaaS)
- KnowBe4 Application Delivery
- KnowBe4 Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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