Traceable AI has announced the appointment of Brian McDonough as Chief Revenue Officer, a key step as the firm enters a significant phase of hypergrowth. McDonough's expertise is expected guide the API security company to further heights in a swiftly shifting sector.
Previously part of the teams at Snyk and Recorded Future, McDonough expressed his excitement about joining Traceable. "I'm truly excited and humbled to be joining the Traceable family at this pivotal time of growth."
"In a world where APIs have become the universal attack vector, our culture of customer obsession truly sets us apart. This ethos is powerfully demonstrated by our rapid deployment capabilities, with 95% of customers transitioning to full-scale production within days," said McDonough referring to the company's speed in addressing urgent security needs.
McDonough has lauded the substantial role partners play as central to Traceable's growth strategy. "Our commitment to working closely with them lies at the heart of our strategy. By expanding our channel and enhancing our collective impact, we aim to strengthen and deepen these partnerships, fostering a collaborative environment that benefits all stakeholders in the API security ecosystem."
The success of this approach has led to significant traction in financial services and other key sectors, demonstrating the company's scalability and readiness for complex enterprise challenges.
Beyond fundamental API security, Traceable offers comprehensive protection, emphasising customer success and innovation. Its approach resonates strongly with partners from various avenues, including technology providers, resellers, and Cloud Service Providers (CSPs). By ensuring broad coverage across the API security spectrum, the company creates a secure digital future for all its clients.
Traceable, with its unique API Security Data Lake, captures extensive API context to identify intricate threats, from subtle attacks to business logic vulnerabilities. Accompanied by AI-driven behavioural analysis, the company offers a formidable defence against a multitude of threats. Traceable's flexible deployment across varying infrastructures substantiates its role as a vital solution in modern API security.
The company's recent "State of API Security" report revealed that 60% of organisations experienced an API-related data breach in the past two years, with 74% experiencing at least three such incidents, highlighting the necessity of Traceable's mission in the API security landscape.
Jyoti Bansal, CEO of Traceable, commented on McDonough's appointment: "Bringing Brian into our team marks a significant milestone in Traceable's journey. His expertise is not just a boon for our internal team but a significant advantage for our customers and partners. As we navigate this hypergrowth phase, Brian's insights and leadership will be crucial in reinforcing our position as industry leaders and in driving forward our mission to secure the digital world."