Cybersecurity firm, despite pandemic challenges, posts 25% growth in Q2

Clearwater-based KnowBe4’s workforce has swelled to nearly 1,000 as ‘hypergrowth’ continues.

By Business Observer Staff
| 10:08 a.m. July 8, 2020
| 0 Free Articles Remaining!

Courtesy. KnowBe4 CEO Stu Sjouwerman says the cybersecurity firm's "hypergrowth" continued in the second quarter, with a 25% increase in sales.

Tampa Bay-Lakeland

CLEARWATER — KnowBe4, a cybersecurity company whose platform helps combat phishing, saw its second-quarter sales rise by 25% compared to the same period last year.

According to a press release, the Clearwater-based firm’s payroll has also increased substantially, despite challenges brought by the COVID-19 crisis. KnowBe4 now has nearly 1,000 employees as it attempts to keep up with the “hypergrowth” it’s experiencing as more and more clients adopt its security awareness training services.