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iboss Could Join KnowBe4, Darktrace, Datto, Others in Tech IPO Onslaughtiboss Could Join KnowBe4, Darktrace, Datto, Others in Tech IPO Onslaught

Some tech IPOs are more successful than others.

Edward Gately

May 26, 2021

7 Slides

iboss, the cloud-delivered network security provider, could join the rush of tech companies going public with an initial public offering (IPO) launch in the coming months.

The company has hired a new vice president of finance, Dmitriy Gladchenko, and a new controller, Ben Peera. They both have experience working with high-growth SaaS companies.

They’ll help guide iboss forward as the company moves toward a likely IPO. Gladchenko previously was Cloudflare‘s director of finance. Peera was Poly’s director of technical accounting, and Securities and Exchange Commission (SEC) reporting. Before that, he was Cloudflare’s director of revenue.

Paul Martini is iboss’ CEO and co-founder.

iBoss' Paul Martini

iBoss’ Paul Martini

“We are focused on continuing to build our business and have seen considerable growth as more organizations turn to iboss as the best way to move their network security to the cloud,” he said. “A cloud-first future means that on-premises, appliance-based solutions no longer make sense. As we continue to grow, we’re exploring a number of strategic options including a potential IPO.”

The addition of these two leaders comes on the heels of the rapid growth iboss has experienced since raising $145 million in early January to support the company’s go-to-market efforts.

In March, iboss launched its first channel program. Its goal is to help partners meet the growing demand for secure access service edge (SASE) solutions.

iboss wants to collaborate with partners with established networks and network security practices. The new partner program offers more rewards and growth opportunities for partners to help customers looking for SASE solutions.

Check our slideshow above to see who already has or is planning to go public.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn.

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About the Author(s)

Edward Gately

Senior News Editor, Channel Futures

As news editor, Edward Gately covers cybersecurity, new channel programs and program changes, M&A and other IT channel trends. Prior to Informa, he spent 26 years as a newspaper journalist in Texas, Louisiana and Arizona.

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