Trellix is a cybersecurity company based in California, United States. Recently, FireEye and McAfee enterprise businesses combined together to launch this extended detection and response company in January 2022. So, the roots of Trellix originally date back to the foundation of FireEye by Ashar Aziz, a former engineer at Sun Microsystems.
FireEye was founded in 2004 and after a gap of a few years, the company started commercializing its products. Today, Trellix represents the products of FireEye and some of its main products are email security, endpoint security, file security, cross-vendor, etc. Trellix has approximately 3,400 employees and the company’s recent research claims that most of the hacking groups are either linked to China or Russia.
About Trellix
Trellix is a privately-held cybersecurity company that has evolved in the past 18 years and expanded the ways and techniques in threat detection. The company has been responsible for the detection and prevention of some of the major cyber-attacks across the world. Currently, the Trellix Advanced Threat Research (ATR) team has anticipated cyber attacks targeting Ukraine, and hence team of wipers has been deployed.
Trellix offers both hardware and software products for investigating cyberattacks, preventing malicious activities, and analyzing IT risks. The initial focus of the company was on developing virtual machines to test internet traffic. But after the company started acquisitions it diversified. In 2013, the company went public but then it was privatized once again in 2021. In 2021, FireEye sold both its brand name and products to Symphony Technology Group which then launched Trellix after a year.
History
The history of Trellix began in 2004 with the foundation of FireEye. Though the company was established in 2004, its first product was publicly released in 2010, after a gap of six years. After it released its first product, the company decided to expand in the Middle Eastern market in the same year. By the end of 2010, FireEye opened new offices in the Asia Pacific region, and in 2011 opened new offices in Europe. In 2013, the company expanded into the African market as well. Till 2012, the founder of FireEye, Ashar Aziz played the role of CEO in the company but stepped down in December and he was replaced by David DeWalt, former CEO of McAfee. The main reason why DeWalt was recruited was to prepare the company for an IPO. In 2013, the company raised $50 million in funding and went public after which it raised another $300 million.
Recent Operations
FireEye was growing rapidly especially after it became a public company. The annual revenue of the company increased by eight folds within a couple of years between 2010 and 2012. As the company grew and expanded to various other international markets, the employees also increased from 175 in 2011 to 900 in 2013. Though FireEye was growing rapidly the net profit was not increasing sharply because of the high operating cost, especially in the research division. FireEye also started making acquisitions during this time and started with Mandiant, an information security company in 2013. The deal was closed for $1 billion. Mandiant was a famous cybersecurity company that was known for investigating high-profile hacking groups. In 2014, it acquired another information security company called nPulse Technologies for $60 million.
After making a few acquisitions and launching new products, the annual revenue of the company was $100 million in 2015. But even at this point, the company wasn’t profitable yet due to large research expenditure. In 2016, FireEye acquired two new companies called iSight Partners and Invotas. In the same year, DeWalt stepped down from the CEO of the company and he was replaced by Mandiant CEO Kevin Mandia. In 2021, after STG acquired both FireEye and McAfee Enterprise, the company decided to roll out Trellix.
Bryan Palma – CEO of Trellix
Bryan Palma has become the CEO of Trellix in 2022. He is new to the company as he joined FireEye only a year ago as the Executive Vice President of FireEye Products. He went to the University of Richmond for his bachelor’s and later acquired an MBA degree from Duke University.
Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more