Tufin
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 85.0m | 103m | 101m | 111m | 126m | 141m |
% growth | - | 21 % | (2 %) | 10 % | 14 % | 12 % |
EBITDA | 2.0m | (14.0m) | (16.0m) | (20.0m) | (23.0m) | (21.0m) |
% EBITDA margin | 2 % | (14 %) | (16 %) | (18 %) | (18 %) | (15 %) |
Profit | - | (28.0m) | (35.0m) | (36.0m) | (39.0m) | (36.0m) |
% profit margin | - | (27 %) | (35 %) | (32 %) | (31 %) | (26 %) |
EV / revenue | - | 4.8x | 4.4x | 3.6x | 2.6x | - |
EV / EBITDA | - | -35.3x | -27.9x | -19.9x | -14.5x | - |
Date | Investors | Amount | Round |
---|---|---|---|
$4.5m | Series B | ||
$8.8m | Series C | ||
$8.8m | Series C | ||
$8.0m | Series D | ||
* | N/A | $108m Valuation: $450m 5.3x EV/LTM Revenues 225.0x EV/LTM EBITDA | IPO |
* | $570m Valuation: $570m 5.1x EV/LTM Revenues -28.5x EV/LTM EBITDA | Acquisition | |
Total Funding | €27.4m |
Recent News about Tufin
EditTufin is a company that specializes in simplifying the management of large and complex networks, which include thousands of firewall and network devices as well as emerging hybrid cloud infrastructures. The company's core product, the Tufin Orchestration Suite, is designed to increase operational agility in response to evolving business demands while ensuring a strong security posture. Tufin's solutions help reduce the attack surface and provide greater visibility into secure and reliable application connectivity. The company primarily serves large enterprises that require sophisticated network security management solutions. Operating in the cybersecurity market, Tufin generates revenue through the sale of its software solutions and related services. The business model is based on a combination of software licensing, subscription fees, and professional services.
Keywords: network security, firewall management, hybrid cloud, operational agility, attack surface reduction, application connectivity, cybersecurity, enterprise solutions, software licensing, professional services.