Sales increased by 75 percent over Q1 2015 and overall growth was driven by a 90 percent increase in corporate subscriptions. This step toward bigger growth was in conjunction with record renewals, continued enterprise adoption and strong billings across all regions. In 2016, Malwarebytes announced a $50 million Series B funding round from Fidelity Management and Research Company. Additionally, Malwarebytes, launched operations in the Middle East. This year, Malwarebytes expanded endeavors throughout Asia, initially focused on driving business in Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore and Thailand with efforts in China and Japan to follow. The company is headquartered in California with offices in Europe, and a global team of threat researchers and security experts. Today, Malwarebytes protects more than 12,000 SMBs and enterprise businesses around the globe from dangerous threats such as malware, ransomware, and exploits that escape detection by traditional antivirus solutions. Sales increased by 75 percent over Q1 2015 and overall growth was driven by a 90 percent increase in corporate subscriptions. Malwarebytes 3.0 is the first of its kind, employing four independent technology modules-anti-malware, anti-ransomware, anti-exploit, and malicious website protection-to block and remove both known and unknown threats. The solution replaces antivirus with superior technology designed to block malware, ransomware, exploits, and other advanced threats.
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