Wallarm Reports Record Growth in 2024 with 134% Retention Rate in Enterprise Accounts
Wallarm Reports Unprecedented Growth in 2024
Wallarm, a pioneering force in API and AI security solutions, proudly announced its remarkable performance in 2024, achieving an impressive 134% retention rate among its enterprise accounts. This success was largely driven by the heightened demand for real-time API attack prevention and security measures as organizations increasingly rely on digital interfaces for their operations.
Exceptional Market Performance
Wallarm’s growth trajectory reflects the dire need for enhanced security solutions in a rapidly evolving digital landscape. The company reported substantial increases in retention and customer engagement across various sectors, including airlines, finance, retail, banking, energy, and software development. This broad applicability underscores Wallarm's versatility and effectiveness in addressing the unique security challenges faced by various industries.
Moreover, with 99% of its clients deploying Wallarm’s solutions successfully in production, the effectiveness of the platform is evident. Wallarm’s advanced capabilities in real-time detection and response have played a significant role in ensuring that enterprises can swiftly counteract potential threats and safeguard their sensitive information.
Strategic Leadership Expansion
To bolster its continued growth, Wallarm has augmented its leadership team, bringing on board Morgan Jay as President and Global Chief Revenue Officer. Jay's extensive background in leading cybersecurity firms to significant revenue milestones will be instrumental in guiding Wallarm through its next phase of expansion.
In his remarks, Jay expressed excitement about his new role, highlighting the company's unique position within the API security landscape and its prospects for future growth. He emphasized the strategic objectives of reinforcing global expansion while simultaneously delivering value to existing clients, a balance critical for sustaining success in a competitive market.
Innovations and Awards
Wallarm continues to innovate in its field, evidenced by its recent accolades at the 2025 Cybersecurity Excellence Awards, where it was recognized in multiple categories, including API Security and Application Security. Additionally, the company earned a spot on the prestigious G2 Momentum Leaders list for Winter 2025, attesting to its capabilities and industry influence. These recognitions not only showcase Wallarm's commitment to excellence but also solidify its reputation as a leader in API and AI security.
The platform's unique features include an exhaustive inventory of APIs, real-time blocking mechanisms, and patented AI/ML technology designed for abuse detection. These cutting-edge attributes make Wallarm a first choice for organizations seeking robust and reliable API protection.
A Bright Future Ahead
As we look ahead, Wallarm is poised to capitalize on the rapid integration of AI across various sectors, a trend that is reshaping how businesses operate and interact with their clients. With a team of over 80 engineers dedicated to API security, the company is uniquely equipped to tackle the complexities introduced by this technological surge, aiming to enhance security measures worldwide.
In conclusion, Wallarm’s 2024 results mark a significant milestone in the company's journey. Its record growth and retention metrics attest to the effectiveness of its offerings and the growing reliance of enterprises on real-time API security solutions. As the digital ecosystem continues to evolve, Wallarm stands ready to protect businesses against emerging threats, reinforcing its status as a leader in the cybersecurity arena.