Appthority Announces Unprecedented Company Revenue And Performance In 2015

 Appthority, the leader in enterprise Mobile Application Risk Management, today announced unprecedented company revenue and performance in 2015. The company’s Q4 year-over-year growth rate reached 248 percent, making this the strongest quarter since the company’s inception in 2011. In addition, the renewal rate for customers reached an all-time high at 93 percent. The company has also seen a rapidly growing customer base, including the acquisition of two Fortune 50 customers in Q4. At the end of the year, Appthority closed a $10 million Series B funding round, positioning the company to further capitalize on the increasing market demand for mobile app security in 2016.