How KnowBe4 Became a Billion-Dollar Business

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KNOWBE4 INC ($NASDAQ:KNBE) is a company that provides security awareness training and simulated phishing attacks to organizations. This was a huge milestone for the company, and it solidified its position as a leading provider of security awareness training. KnowBe4 has been incredibly successful due to its innovative approach to security awareness training.

The company’s simulated phishing attacks are particularly effective at helping organizations to identify and prevent real-world attacks. With its innovative approach to security awareness training, KnowBe4 is poised to continue its rapid growth and expansion.

Share Price

So far, news sentiment about KnowBe4 Inc. is mostly positive. On Friday, the company’s stock opened at $24.4 and closed at $24.5, up by 0.2% from its last closing price. The company’s tools are designed to help organizations train their employees to identify and avoid phishing attacks. KnowBe4’s products have been well-received by customers and the company has seen strong growth in recent years.

The company’s strong growth has led to it being valued at over $1 billion. KnowBe4’s success has made it one of the leading companies in the security awareness training market. The company is expected to continue to grow in the coming years and could become a major player in the cybersecurity industry.

VI Analysis

Based on the company’s fundamentals, it is reflected that the long term potential of KNOWBE4 INC is medium risk in terms of financial and business aspects. The company has 1 risk warning in its cashflow statement.

VI Peers

The competition between KnowBe4 Inc and its competitors is fierce. Each company is vying for market share in the cyber security training and awareness space. KnowBe4 Inc has a strong product offering and is well-positioned to continue gaining market share.

– Cyan AG ($OTCPK:CCYNF)

Cyan AG is a leading provider of digital printing solutions. The company has a market cap of 27.81M as of 2022 and a Return on Equity of -15.54%. Cyan AG develops, manufactures and sells a range of digital printing solutions for the graphic arts, commercial and industrial printing markets. The company’s products include inkjet printers, inks and media. Cyan AG is headquartered in Germany and has a global presence.

– Qualys Inc ($NASDAQ:QLYS)

Qualys Inc is a publicly traded company with a market cap of 5.12B as of 2022. The company has a return on equity of 24.67%. Qualys Inc is a provider of cloud security and compliance solutions. The company’s solutions enable organizations to identify, assess, and mitigate cybersecurity risks across their digital transformation initiatives. Qualys’ solutions are delivered through a software-as-a-service (SaaS) platform and are used by more than 11,000 customers in more than 130 countries, including a majority of the Fortune 500.

– CYREN Ltd ($NASDAQ:CYRN)

Cyren is a company that provides cybersecurity solutions. The company has a market capitalization of $8.19 million and a negative return on equity of 120.74%. The company’s products and services are designed to protect users from online threats such as malware, phishing, and other cyber attacks. Cyren also offers a variety of other security-related services, such as email filtering and web security.

Summary

Investing in KNOWBE4 INC can be a great way to gain exposure to the cyber security industry. The company provides a platform for organizations to train their employees on how to identify and prevent phishing attacks. Phishing is a type of online scam that uses fraudulent emails to trick people into revealing sensitive information or clicking on malicious links. The company is profitable and has a strong balance sheet. It is also backed by well-known investors such as Sequoia Capital, Kleiner Perkins, and Google Ventures. Cyber security is a rapidly growing industry and is expected to continue to grow in the coming years. The number of cyber attacks is also increasing, which creates a need for more cyber security solutions. KNOWBE4 provides a valuable service that can help organizations protect themselves from these attacks. The stock market can be a volatile place and investing in KNOWBE4 INC can be risky.

However, the potential rewards could be great for investors who are willing to take on that risk.