AppGate

Appgate provides cybersecurity solutions grounded in Zero Trust principles, serving a global clientele that includes large enterprises and government agencies. The company's core business revolves around its Universal Zero Trust Network Access (ZTNA) and online fraud protection offerings, which are designed to secure complex hybrid, cloud, and on-premises IT infrastructures. Revenue is generated through the sale of these security products and associated services.

The company's history is rooted in a series of acquisitions and strategic restructuring led by serial tech entrepreneur Manny Medina. Appgate's lineage includes the 2009 acquisition of AppGate Network Security (founded in 2002) by Cryptzone, which was later acquired by Medina's Cyxtera Technologies. In January 2020, Appgate was spun out of Cyxtera as a standalone company to focus exclusively on the cybersecurity market. This move was orchestrated by Medina, whose extensive background includes founding and leading several successful technology firms, including Terremark (sold to Verizon for $1.4 billion) and Cyxtera Technologies. This entrepreneurial journey highlights a long-standing focus on data security and large-scale IT infrastructure, which directly informs Appgate's strategic direction. In October 2021, Appgate became a publicly traded company through a merger with a SPAC, valuing the company at $1 billion.

Appgate's flagship product, Appgate SDP (Software-Defined Perimeter), is engineered to replace traditional security tools like VPNs and firewalls. It operates on a principle of least-privileged access, creating dynamic, one-to-one encrypted connections between a user and specific resources, effectively making the rest of the network invisible and inaccessible. This 'Segment of One' approach dynamically adjusts access based on real-time user context and device posture, significantly reducing the potential attack surface. The platform is designed for scalability and integrates with existing security ecosystems, securing access for remote users, third parties, and developers across diverse environments, including public clouds and legacy systems. The company also offers a suite of fraud protection services, threat advisory and analysis, and penetration testing to provide a more comprehensive security posture for its clients.

Keywords: Zero Trust Network Access, ZTNA, cybersecurity, Software-Defined Perimeter, SDP, network security, fraud protection, secure access, cloud security, Manny Medina, Cyxtera, enterprise security, government security, hybrid IT security, access control, risk management, threat advisory, data protection, infrastructure security, network segmentation