Menlo Security, a leader in Secure Enterprise Browsers, has surpassed $100 million in annual recurring revenue (ARR), experiencing 50% growth over the past two years. Serving over 1,000 global enterprises and government agencies, Menlo Security ensures safe browsing experiences on any device.
CEO and co-founder Amir Ben-Efraim highlighted that achieving this milestone validates their vision and reflects the trust customers place in their browser security solutions. Menlo Security offers a user-friendly yet robust browser security system that protects organizations from internet-borne attacks.
With $350 million in total contract value (TCV), $260 million in funding, and plans to achieve positive cash flow by 2025, Menlo Security boasts a 110% net retention rate and 97% gross revenue retention over the past year. Trusted by eight of the world’s top 10 financial institutions and 24 Global Fortune 500 companies, Menlo’s partnerships with industry giants like Google further solidify its position as a pioneer in browser security.
Mark Crane, partner at General Catalyst, noted that the evolving threat landscape has made secure enterprise browsers a necessity for digital-first organizations, and Menlo’s focus on innovation and customer growth is driving its success.
Menlo Security’s cloud-delivered Secure Enterprise Browser solution, launched in February, is designed to protect enterprise users and secure applications from browser-based threats, supporting the needs of hybrid work environments. As Gartner predicts, by 2030, enterprise browsers will play a central role in workforce security and productivity .