PRESS RELEASE
SAN FRANCISCO, Aug. 29, 2024 /PRNewswire-PRWeb/ — Cobalt, the pioneer of Pentest as a Service (PtaaS) and main supplier of offensive safety options, as we speak introduced that its Board of Administrators has appointed Sonali Shah, a longtime cybersecurity govt and present Cobalt board member, as the corporate’s new Chief Government Officer.
The appointment comes at a pivotal time for Cobalt. Prior to now yr, the corporate efficiently expanded its product suite to a full, complete platform that permits everybody – from SMBs to enterprise – to scale offensive safety testing throughout their whole group. This previous quarter Cobalt noticed a record-breaking variety of pentests carried out on its platform, outpacing some other quarter in firm historical past. Cobalt has additionally acquired recognition for a number of main business awards together with being named sole Outperformer in GigaOm’s Radar for Penetration Testing as a Service two years in a row in addition to being one of many quickest rising firms nationally 4 years working on the Inc. 5000 record.
Shah, a extremely regarded strategic chief and product visionary with over 20 years of expertise in scaling high-growth expertise companies, will additional propel Cobalt’s development. Her deep experience in cybersecurity contains pioneering the primary cybersecurity threat score platform, Bitsight Safety Rankings, and driving the transformation of legacy software safety expertise at Veracode and Invicti to allow early and frequent testing of internet functions and APIs. Moreover, Shah performed a key strategic position within the profitable gross sales of each Veracode and Invicti.
Shah succeeds Chris Manton-Jones, who has held the place since April 2022. Prior to now 2 years, Cobalt has grown within the PtaaS area and expanded into offensive safety, rising revenues and attaining profitability with an expanded buyer base. Upon Shah’s appointment, Manton-Jones will step down as CEO.
“Sonali brings the precise expertise to this crew. She has the strategic imaginative and prescient and deep area experience wanted to guide Cobalt into its subsequent part of development,” mentioned Gajan Rajanathan, Companion at Highland Europe. “Our whole board seems ahead to working along with her, and we thank Chris for his contributions to Cobalt.”
In response to her appointment, Shah mentioned, “Cobalt is uniquely positioned to assist enterprises handle the chance of their increasing assault surfaces with environment friendly and steady offensive safety applications. I’m excited to work with the good crew at Cobalt on this effort and usher within the subsequent part of the corporate’s development – one which will probably be achieved with a relentless concentrate on offering most worth to prospects as their offensive safety wants proceed to evolve.”
Shah’s appointment is efficient as of August 28, 2024. To be taught extra about Cobalt, please go to Cobalt.io.
About Cobalt
Cobalt combines expertise and expertise with velocity, scalability and resilience. Our award-winning Pentest as a Service (PtaaS) mannequin empowers organizations to maintain tempo with their evolving assault floor and agile software program improvement lifecycles. 1000’s of shoppers and a whole bunch of companions depend on Cobalt’s fashionable SaaS platform and unique group of greater than 400 trusted safety consultants to safe functions, networks, and units. We ship safety testing that helps enterprise drivers, maximizes inner sources, and creates stronger safety applications in order that organizations can function fearlessly and innovate securely.