Our new Auto Deploy capability tackles one of the oldest problems in enterprise IT, quickly deploying protection to unmanaged and sometimes unreachable assets with ease. That's really helpful. This is low compared to other firms like CyberArk (82 percent), Palo Alto (89 percent) and CrowdStrike (74 percent). I think the road is long, and I think what really is important to understand about our platform is we're much more than endpoint security. The State of Customer Identity & Access Management 2022, 2022 State of Cybersecurity in the Energy Sector, Cybersecurity Summit: North America - East, Key Themes of RSA 2023: Diversity of Ideas - New and Old, Ransomware Response Essential: Fixing Initial Access Vector, Nipping Ransomware in the Bud: Detecting Early Adversary Activity, OnDemand | Navigating the Difficulties of Patching OT, when it comes to performance and deployment, Next-Generation Technologies & Secure Development, Security Information & Event Management (SIEM), The Essential Guide to MITRE ATT&CK Round 4, Get the Most Out of Your (Growing) Security Tech Stack: Three Steps, eBook Special Edition I Extended Detection & Response for Dummies, Augmenting Your Microsoft 365 Email Security Infrastructure, Security Megatrends and Their Impact on Endpoint Security, New OnDemand | Building an Effective API Security and Compliance Program, JavaScript and Blockchain: Technologies You Can't Ignore, OnDemand | Realities of Choosing a Response Provider, FTC: Amazon, One Medical Must Keep Privacy Promises, Risk Management Framework: Learn from NIST, https://www.bankinfosecurity.com/sentinelones-tomer-weingarten-on-cloud-xdr-analytics-a-20160. The Mountain View, California-based company was founded in 2013 by Israelis Tomer Weingarten, its CEO, and Almog Cohen. You can actually stop these fire from actually ever happening. So we're going to continue to look for areas where we can advance, what we need in terms of driving our product and our innovation. Sure. Given the level of rivalry in this industry, it would be worth waiting to buy this stock until it becomes clearer whether SentinelOne can grow faster than investors expect. And in fact, 50% of our customer base is running, our core control package, we can upgrade those folks to complete many modules to cross-sell and up-sell. You may proceed. There was certainly substantial demand from investors. So it's not only about protecting those attack surfaces, it's also about ease of deployment and simplicity of use. Thank you. Contact support. But judging by the numbers, thats not really the case. Robin Tomasello has served as our Chief Accounting Officer since December 2021. Thank you. We listen to our customers adding even more automation capabilities. 12 -, ? : , . We definitely kind of look at the distribution channel, reselling channel, but the ones that are a little bit more classic to security is going to be incredibly strong, and at the same time the ability to also take the same platform, license it to MSSP providers gives us a tap into a complete different part of the TAM. So that $10 million you pulled out of inorganic ARR fell in 1Q right? If you have an ad-blocker enabled you may be blocked from proceeding. We will put more boots on the ground. Congrats, guys on the strong debut quarter. And with that, let me turn it over to Tomer Weingarten, CEO of SentinelOne. Thank you. How so? When SentinelOne CEO and co-founder Tomer Weingarten launched the company in 2013, he had a revolutionary vision to transform the way organizations protect their data and devices by building software that doesn't just observe but prevents and deflects in real-time. So sequential ARR grew $37 million bucks, if I'm not mistaken, just a kind of housekeeping items, I presumed Scalyr likewise in first quarter, right. Read Tomer Weingarten's full executive profile here. So we're really starting to see that, that flywheel kick-in, in all the different facets of go-to-market channel partner ecosystem. Thanks. Its going to be mostly a handshake between devices in the cloud at the end of the day. And to us, we also continue to bolster that capability. You may proceed. But even when it was back at Sentinel Ones level, it was growing faster, with revenue growth of 140 percent compared to the previous year. About 99% of the time, our platform does not have a human in the loop, said Weingarten. Qualcomm Ventures Investment Team members are employees of Qualcomm Technologies, Inc. or one of its subsidiaries. Prior to Tableau, Mr. Conder was Vice President, General Counsel and Corporate Secretary at Isilon Systems from 2007 to 2012, and prior to that led legal and regulatory teams in the travel and technology sector for over ten years, including as Senior Vice President and General Counsel of Expedia, Inc. and Travelocity.com, Inc. Ric Smith has served as our Chief Technology Officer since March 2021. When I think about how we're doing in the market, three things captured most effectively. Obviously, we're very enthusiastic about our top line drivers. Certainly. Identity protection is one of the most desired capabilities right now, given the shift in the threat landscape toward more user-based attacks, Weingarten says. Seeing this thing called Microsoft its a software company and how you are basically just building something from code. There are several structural forces that play that will drive long-term and sustained growth for us in our industry. These as non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles. I think a lot of it is sometimes about relationships, but I think what's incredibly interesting about the customers that we've displaced is the reference they made to the amounts of infections they have to deal with, which to us is really why you're bringing in cyber security solution. Tomer co-founded SentinelOne in 2013. You call that the success with tears in modules, wondering if you can talk about the impact of cloud workload protection? SentinelOne will use the proceeds from its IPO for acquisitions, more sales people, and expanding what its product does for customers. Previously, Ms. Ghatak led talent and implementation of people strategy at several global business units at Cisco Systems, from June 2007 to October 2013. Tomer Weingarten is our co-founder and has served as our Chief Executive Officer and a member of our board of directors since our inception in January 2013, as our President since November 2018, and as our Chairman of the Board of Directors since March 2021. For me, as a leader, a lot of it is just listening and remaining humble. We're seeing the ability for almost every customer that we have today to go in and prove by that functionality. It's not just quantity, but quality. In Q2, we enhanced our capabilities around automation, zero trust and data. As we look at customer acquisition, typically who are you going up again? A reconciliation of GAAP and non-GAAP results is provided in today's press release and in our shareholder letter. Check out the opportunities and risks within the US Software industry.. Our non-GAAP operating margin was negative 98%, an improvement over negative 101% in the year ago quarter even as we prepared for our IPO. Combined with ongoing benefits from our product innovation, improved brand awareness and continuing to scale our go-to-market, this collectively supports our triple-digit growth outlook. I think if you look at it, apples-to-apples you'll see that the prices are pretty much similar. His background was mostly in analytics. on the topic: Ron Ross, computer scientist for the National Institute of Standards and What we're bringing is automation and machine learning, ease of use, and really we're democratizing very advanced technology. SentinelOne is a platform that addresses almost every cybersecurity need that an enterprise would have. That's over 2000 more than last year. You may proceed. We're excited about the future of go-to market synergies. Tomer Weingarten is responsible for the company's direction, products, and services strategy. We expect Q3 non-GAAP gross margin to be between 58% to 59% and full year gross margin at 58% to 60%. Mr. Ashkenazi holds a B.S.C.S. In Q3, we expect revenue of $49 million to $50 million, reflecting growth of 102% at the midpoint. The most surprising figure is SentinelOnes gross profit margin, which stood at 56 percent last four quarters. Tomer Weingarten is the CEO and co-founder of SentinelOne. Mr. Weingarten also previously served in various roles at Mckit Systems Ltd., a provider of information and knowledge management systems in Israel, from March 2005 to April 2007. What that enables customers to do is achieve the outcome we're driving for them and our prospects and customers, which is protection and prevention. Today, I think we've shared that it's already about 10% contribution into our revenue is coming from the, cloud and server protection pieces that we sell, and we're seeing more and more traction in cloud security. What I'd also add to that is uniquely with SentinelOne, we've made a strategic decision to enable and not compete with the various multi-dimensional channel partners out there, whether that's MDRs, MSSPs, or incident response partners, obviously as well as your traditional resell partners. And what do you anticipate going forward for larger enterprise mix? Weingarten has referred to CrowdStrike as its main competitor. CrowdStrike is much larger than SentinelOne. Got it. And maybe a question on cohort analysis that if it's not too early. Please refer to the documents we file from time to time with the SEC in particular, our S-1 and our quarterly report on Form 10-Q. Tomer co-founded SentinelOne in 2013. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Thank you very much for taking my question. So we're going to continue to monitor that. in Broadcast Journalism from Arizona State University. And as a result, we're delivering real-time industry leading threat detection and response from endpoint to IoT to cloud. Biography of Tomer Weingarten. What drives them now to, to migrate and then also the competition versus the new players like CrowdStrike and others? Again Ranger is one of our fastest growing modules and same goes for data retention. Ms. Ghatak also represents SentinelOne as an active sponsor of WiCys. These are the go-to experts who cyber insurers and boards call when there is a breach. I mean, we've had an excess of $1 million ACV displacement this quarter as well for Fortune 500 Company, and they cited the same. The biggest benefits are coming from our increasing scale and business expansion. When might we see that abide and maybe the margins might be able to maybe better accelerate off the inclusion of that? Mr. Weingarten owns 259,427 shares of SentinelOne stock worth more than $3,914,753 as of February 1st. I was hoping you could just talk a little bit about kind of the broader distribution channel a bit. SentinelOne has 4,700 customers, which means its per-customer income is lower. Remember that what youre building is for the customer and the end user. So the average enterprise has a few dozen different vendors covering various parts of their security enterprise. One thing I would add to that, this is Nick here is, from a budget perspective. The solution for the IoT and unmanaged device challenges are ranger module. The pace of technology today is pretty fast. And so from an apples-to-apples perspective, we're typically at or higher from a technology perspective, but we enable customers to best put that, that money to use buying technology. At Tableau Software, Mr. Conder led the companys legal and regulatory affairs from its 2013 IPO through extensive growth and international expansion, including its acquisition, integration, and ongoing growth as a part of Salesforce.com, Inc. I would now like to pass the conference over to your host, Doug Clark, Head of Investor Relations with SentinelOne. SentinelOne not only provides native protection around endpoints, cloud workloads and identity but also can ingest data from any other product in the customer's enterprise, Weingarten says. I think we're definitely seeing an elevation of the brand. I mean, we feel like our traction in the enterprise and definitely 140% growth year-over-year and 100,000 deals and above is a good reflection of how much bigger we're landing in accounts. From June 2014 to February 2017, Mr. Parrinello served as Vice President of American Sales at Nimble Storage, Inc., a data storage solutions company that was acquired by Hewlett Packard Enterprise Company in April 2017. We also expanded our marketplace ecosystem through new partnerships with Zscaler and Cloudflare, partnering with other zero trust leaders strengthens our customers' security postures. You may proceed. The reason? Ms. Ghatak is a member of the board of advisors of Findem, Inc., a company that uses an artificial intelligence platform to assist companies in their employee hiring, since February 2021. Our full year operating margin guidance is for negative 99% to 104%. LIVE Webinar | Cisco Duo and Umbrella are better together! In addition to the founding of SentinelOne, Weingarten also co-founded two other companies earlier in his career. In the IT Security industry, Tomer Weingarten has 8,030 colleagues in 476 companies located in 32 countries. 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