ULTRA RED Achieves Remarkable Growth in 2024, Leading the CTEM Market

ULTRA RED Sees Exponential Growth in 2024

In the fast-evolving domain of cybersecurity, ULTRA RED has emerged as a standout pioneer in Continuous Threat Exposure Management (CTEM). As of February 2025, the company has proudly reported an unprecedented year of growth in 2024, marked by significant milestones that underscore its leadership in the industry.

ULTRA RED's customer base has more than tripled year-over-year, a clear indicator of the rising demand for a comprehensive, all-in-one CTEM platform. The company's Annual Recurring Revenue (ARR) doubled with a staggering 200% increase, while total revenue skyrocketed by an impressive 220%. This remarkable growth can be attributed to the critical need for organizations to proactively manage and mitigate their threat exposure in an increasingly complex cyber threat landscape.

Demonstrating an impeccable 100% customer retention rate, ULTRA RED has consistently delivered value, earning trust and loyalty from its clients. The company has made strides in threat research, identifying 20 zero-day vulnerabilities and receiving five distinguished "Hall of Fame" accolades from leading global organizations. These achievements emphasize ULTRA RED's commitment to overcoming emerging cybersecurity challenges and providing proactive, effective solutions.

The recognition hasn't stopped there; ULTRA RED was celebrated as a Top InfoSec Innovator in the CTEM category, further solidifying its reputation as a frontrunner in the cybersecurity sector. Many enterprises and federal agencies have adopted ULTRA RED’s CTEM platform to address the complex nature of modern attack surfaces and sophisticated cyber threats. The company's growth trajectory has been fueled by strategic expansions into new markets, with notable successes in countries like Japan, and a thriving partner program that has significantly enhanced its global reach.

Moreover, ULTRA RED has adeptly responded to evolving customer needs through strategic upsell initiatives, displaying flexibility and innovation in its approach. Reflecting on the importance of ULTRA RED's services, Mr. Seita Ijiri, a notable figure from Sysmex Corporation, highlighted how the platform has revolutionized their security operations. He noted, “The overwhelming noise often leaves critical vulnerabilities unaddressed. ULTRA RED has transformed our security operations, allowing us to focus on real, validated threats.”

ULTRA RED's achievements are anchored in a vision to foster adaptive security through innovation. The company remains dedicated to developing solutions that address tomorrow’s cybersecurity challenges, empowering organizations to strengthen their defenses against evolving threats. In the words of Eran Shtauber, CEO of ULTRA RED, “This year's incredible success reflects the strength of our technology and the deep trust we've built with our customers.”

With its leading position in the CTEM market, ULTRA RED is poised to continue its trajectory of success, pushing boundaries while delivering indispensable cybersecurity solutions. The company harnesses cutting-edge technologies such as Automated Adversary Emulation and Cyber Threat Intelligence (CTI), and remains committed to helping businesses effectively understand, prioritize, and mitigate their vulnerabilities.

For those interested in learning more about ULTRA RED and its groundbreaking work in cybersecurity, more information is available through their marketing lead, Lena Fuks.