Qualys

Qualys, Company offering cloud security services to companies for many years.

With the rise of personal computers, and then of the internet, there has also originated the need for security for the data and the stuff one puts on the web. Though there are many companies out there, providing antivirus and anti-data-theft services and applications, some companies are there from the very start. These companies were the first ones to bring new products to fight malware and provide protection from any external threat to data online and offline. Qualys is one such company that has been delivering vulnerability management solutions to the IT industry from the very start. Starting from building applications, today, Qualys Inc. is offering cloud security through its web applications using the SaaS model.

About the Company

Qualys is a more than twenty years old company, founded in 1999. Philippe Langlois and Gilles Samoun are the founders of the company, whereas Sumedh Thakar is the current President and CEO of Qualys. The company trades publically at Nasdaq with ticker QLYS. Qualys is known for its cloud security services, including Certificate Inventory, Certificate Assessment, Vulnerability Management, Threat Protection, Web Application Scanning, Web Application Firewall, and Security Configuration Assessment, etc. The company headquarters is based in Foster City, California, the U.S., and around 2000 people work for it. As of 2020, the company made annual revenues worth $363 million. Big names like BT, IBM, Verizon, NTT, Wipro, etc. are some of the permanent clients of Qualys.

Qualys
Image source: www.itsecurityguru.org

Founding Qualys

Philippe Langlois and Gilles Samoun founded Qualys in 1999. Philippe Courtot was the angel investor in the company who also became the first CEO of Qualys. In 2000, the company brought its first product, QualysGuard to the market, which was also the first type of vulnerability management application. The idea behind the company was to build cloud-based products so to scan any network globally. Based on the same idea, in 2002, Qualys launched QualysGuard Intranet Scanner, an application that could scan an entire LAN. In the next few years, the company launched products like FreeMap (2003), QualysGuard product line (2005), QualysGuard Policy Compliance (2008), and QualysGuard Malware Detection Service (2010).
With the launch of new and innovative products, Qualys managed to get ranked among 5000 fastest-growing private companies in the USA in 2010 in the first decade of its launch. It was also named one of the largest private companies in Silicon Valley in 2012. Later in September 2012, Qualys went public on NASDAQ and raised $87.5 million in its first IPO. In 2014, Qualys won the “Best Security Company” by SC Magazine. The next year, the company launched Cloud Agent Platform as well as a free asset management service named Qualys AssetView. In the following year, the company came with ThreatPROTECT, a cloud-based platform for vulnerability detection. The same year, it partnered with Microsoft Azure Security Center to integrate its services to the latter.
The company also made some major acquisitions like the network analysis assets from Nevis Networks (2017), NetWatcher (2017), 1Mobility (2018), Asset Inventory (2018), etc. The company won the Global Vulnerability Management Market Leadership Award (2017), Cyber Security Leader (2017), Gartner Peer Insights Customers’ Choice Award for Vulnerability Assessment (2019), and Best Vulnerability Management Solution (2020). Today, Qualys is operational in over 130 countries and serves over 10,300 customers globally.

The CEO at Qualys

Sumedh Thakar is the President and CEO of Qualys. He was born and brought up in India. Thakar has an engineering degree in Computer Science from Savitribai Phule Pune University. He started his engineering career at Patni Computers as soon he graduated from college in 1997. In 2001, Thakar joined Intacct. Corp as a software engineer and then started working at Northwest Airlines. In 2003, Sumedh became the Vice President of engineering at Qualys, and then in 2014, was promoted as the Chief Product Officer of the company. In November 2019, he was appointed the full-time President and Chief Product Officer. he became the CEO of the company in February 2021.