SAN FRANCISCO, CA., DECEMBER 5, 2023 — Traceable AI, the industry’s leading API security company, announces the appointment of Brian McDonough as its new Chief Revenue Officer. As Traceable embarks on a transformative phase of hypergrowth, McDonough’s leadership will be instrumental in guiding the company to new heights in the rapidly evolving API security industry.
Brian McDonough, who brings a wealth of experience from his tenure at Snyk and Recorded Future, shared his enthusiasm about his new role at 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. Such a rapid Time to Value (TTV) not only highlights our effectiveness in meeting the urgent security needs of modern enterprises, but is also a testament to our dedication to excel in API security, to build meaningful connections, foster trust, and lead in safeguarding our digital future.”
Integral to Traceable's journey in the dynamic API security landscape is the pivotal role of our partners. 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. This approach has enabled us to gain significant traction in key sectors, notably in financial services, showcasing our scalability and readiness for complex enterprise challenges.
Traceable's comprehensive approach extends beyond basic API security, offering robust protection and support. This underscores our commitment to customer success and innovation, resonating strongly with a diverse range of partners, including technology providers, resellers, and Cloud Service Providers (CSPs). Together, we ensure comprehensive coverage across the API security spectrum, creating a robust and secure digital future for all our clients.
Leveraging its unique API Security Data Lake, Traceable captures extensive API context to identify complex threats, from subtle attacks to business logic vulnerabilities. This, combined with AI-driven behavioral analysis, ensures a formidable defense against a wide array of threats. Traceable's flexible deployment across various infrastructures solidifies its role as an essential solution in modern API security.
Traceable's recent State of API Security report highlights the critical challenges in the industry, revealing that 60% of organizations experienced an API-related data breach in the past two years, with 74% facing at least three such incidents. This alarming trend underscores the importance 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."
Traceable is the industry’s leading API Security company helping organizations achieve API visibility and attack protection in a cloud-first, API-driven world. Traceable is the only intelligent and context-aware solution that powers complete API security – API discovery and posture management, API security testing, attack detection and threat hunting, and attack protection anywhere your APIs live. Traceable enables organizations to minimize risk and maximize the value that APIs bring their customers. To learn more about how API security can help your business, book a demo with a security expert.