ForeScout Technologies, Inc., a leading provider of continuous monitoring and mitigation solutions that help enterprises prevent and respond to cyberthreats, has named veteran industry executive Michael P. DeCesare, former president of Intel Security, as its new chief executive officer. The addition of DeCesare to ForeScout’s executive team will serve to accelerate the company’s rapid growth in the information security market.
“The explosion of mobile devices, cloud and wireless access has thrown a giant spotlight on securing the network. This is where the action is, and the rapid growth of network security companies proves it,” said DeCesare. “I’ve admired ForeScout’s technology as second to none, and there is no question that in the age of big breaches, ForeScout is poised to become a significant player with an important role in restoring trust and confidence in the digital environment. I couldn’t be more excited to join ForeScout and lead their march forward.”
DeCesare brings more than 20 years’ experience of leadership with innovative security companies. While serving as the former president of Intel Security, previously McAfee, the company posted multiple quarters of double-digit revenue growth under his guidance. Prior to his role with Intel Security, DeCesare held senior roles at EMC, Documentum and Oracle.
“Michael DeCesare is a security industry trailblazer and the type of leader that will further drive ForeScout¹s success,” said ForeScout board member Enrique Salem, the former CEO of Symantec and current managing director at Bain Capital Ventures. “ForeScout brings a level of innovation and automation and the ecosystem needed to protect resources and data in today’s increasingly complex and challenging infrastructure and threat landscape.”
“ForeScout has enjoyed great success, but we’ve only just begun. We are in a position to truly revolutionise the security space,” said HezyYeshurun, co-founder and chairman of the board of ForeScout. “As we embark on our next growth phase, Michael DeCesare is the visionary we wanted to help ForeScoutcapitalise on the opportunities ahead.”
ForeScout’s flagship product, ForeScout CounterACT™, provides real-time network visibility into users, devices including BYOD, systems and applications. CounterACT helps IT organisations better understand their security posture and automate responses to a wide variety of security issues. Powered by ForeScout ControlFabric™ architecture, CounterACT serves as a platform for other security products to exchange information and mitigate exposures. As a result, CounterACT allows organisations to preempt and contain security incidents more effectively and to further optimise their resources.
ForeScout experienced significant growth and achievements in 2014. For example:
- More than 1,800 enterprise and military customers across 62 countries use ForeScout to improve their network security and manage risk.
- ForeScout has been named a leader in the Gartner Magic Quadrant for NAC for four consecutive years (2011 – 2014).
- ForeScout CounterACT has received numerous industry awards, including the 2014 Frost & Sullivan Technology Innovation Leadership Award for Network Security.
- ForeScout’s ControlFabric architecture has enabled integrations with more than 60 leading hardware and software IT products.
ForeScout interim CEO T. Kent Elliott will continue as a non-employee member of the Company’s Board of Directors after serving as interim CEO since July 2014. Elliott will provide strategic insight and counsel to ForeScout’s executive management team.