Qualys, the Redwood Shores, Calif.-based security firm specializing in vulnerability assessment and management, is poised for an initial public offering (IPO) later this year.“We are ready,” says Qualys CEO Philippe Courtot. He says the company, which he founded in 1999, has achieved profitability and is increasing revenues. “We have everything we need now to do this.”Do you know where your security holes are?Courtot says the company did about $76 million in revenue last year, showing profitability, and expects to see revenues grow to $94 million this year. Its variety of products, and scanning and compliance services, have become widely used by about 5,000 organizations around the world. The company has 310 employees, with offices in several countries. Venture capital firms and companies that have invested in Qualys include ABS Ventures, GRP Partners, HP, Trident Capital and VeriSign.Ellen Messmer is senior editor at Network World, an IDG publication and website, where she covers news and technology trends related to information security. Read more about wide area network in Network World’s Wide Area Network section. Related content news UK government plans 2,500 new tech recruits by 2025 with focus on cybersecurity New apprenticeships and talent programmes will support recruitment for in-demand roles such as cybersecurity technologists and software developers By Michael Hill Sep 29, 2023 4 mins Education Industry Education Industry Education Industry news UK data regulator orders end to spreadsheet FOI requests after serious data breaches The Information Commissioner’s Office says alternative approaches should be used to publish freedom of information data to mitigate risks to personal information By Michael Hill Sep 29, 2023 3 mins Government Cybercrime Data and Information Security feature Cybersecurity startups to watch for in 2023 These startups are jumping in where most established security vendors have yet to go. By CSO Staff Sep 29, 2023 19 mins CSO and CISO Security news analysis Companies are already feeling the pressure from upcoming US SEC cyber rules New Securities and Exchange Commission cyber incident reporting rules don't kick in until December, but experts say they highlight the need for greater collaboration between CISOs and the C-suite By Cynthia Brumfield Sep 28, 2023 6 mins Regulation Data Breach Financial Services Industry Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe