Qualys

Qualys, Inc.

Type| Public

Traded as

* NASDAQ: QLYS
* S&P 400 component

Industry| CyberSecurity Company Network Security
IT Security
Information Security
Founded| 1999; 27 years ago (1999)
Founders|

* Philippe Langlois
* Gilles Samoun

Headquarters|

Foster City, California

U.S.

Area served

| Global

Key people

| Sumedh Thakar (president and CEO)[1]
Services|

* Asset management
* IT security
* Compliance
* Cloud/container security
* Web app security
* Vulnerability management

Revenue|  US$554.5 million (2023)[2]

Operating income

|  US$163.1 million (2023)[2]

Net income

|  US$151.6 million (2023)[2]
Total assets|  US$822.3 million (2023)[2]
Total equity|  US$368.2 million (2023)[2]

Number of employees

|  2,188[2]
Website| qualys.com

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.[3]

Qualys has over 10,300 customers in more than 130 countries. The company has strategic partnerships with major managed services providers and consulting organizations including BT, Dell SecureWorks, Fujitsu, IBM, NTT, Symantec, Verizon, and Wipro.[4][5]

## History

Qualys has been described as "one of the earliest software-as-a-service security vendors."[6]

Philippe Courtot first invested in the company in 1999.[7] He became CEO and board chair in 2001.[8] Courtot described Qualys as addressing a "mounting need for automatic detection of network vulnerabilities" when he announced the second round of financing.[9][10]

The company launched QualysGuard in 2000, making Qualys one of the first entrants in the vulnerability management market.[11] This software could automatically scan corporate local area networks (LANs) for vulnerabilities and search for an available patch. The company subsequently added compliance, malware detection, and web application scanning to its platform.[12][13][14]

Qualys went public on the Nasdaq under the stock ticker QLYS on September 28, 2012, raising net proceeds of $87.5 million.[3][15]

In 2015, Qualys launched its cloud platform and lightweight cloud agent, aimed at providing continuous monitoring of an organization's IT infrastructure and applications.[16] The cloud platform introduced several new features designed to help organizations address cybersecurity and compliance issues.[17][18]

Another security service that Qualys offers is its Network Passive Sensor service, an advanced technology layer that monitors network traffic and detects what is on the network that needs to be secured.[19] The Network Passive Sensor immediately sends asset metadata to the Qualys Cloud Platform, where it is analyzed for comprehensive security insights.[20]

In 2021, Courtot resigned from his role as Qualys' CEO for health reasons after leading the company for two decades. Sumedh Thakar became president and CEO following Courtot. He was previously president and Chief Product Officer at Qualys.[21]

In August 2021, Qualys partnered with Red Hat to bring Qualys' Cloud Agent to Red Hat Enterprise Linux (RHEL) CoreOS and Red Hat OpenShift. The CoreOS Cloud Agent for OpenShift works with Qualys' Container Security Runtime, delivering continuous packages and vulnerabilities for the entire OpenShift stack.[22]

Qualys won two Pwnie Awards in 2021, in the "Best Privilege Escalation Bug" and "Most Under-Hyped Research" categories.[23][24][25]

In November 2023, Qualys released its Enterprise TruRisk Platform, which aggregates cyber risk signals to provide a risk-scoring framework for companies to measure and reduce IT risk.[26]

In May 2024, Qualys launched a managed security services partner (MSSP) portal as part of its global partner program. The portal was designed to enhance operational efficiencies for Qualys' partners and offer visibility into client accounts, licenses, and user roles.[27]

## References

1. ↑ Singh, Meghavi. "Qualys Board Names Sumedh Thakar as CEO". Yahoo. https://finance.yahoo.com/news/qualys-board-names-sumedh-thakar-130000826.html.
2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 "Qualys (QLYS) Financials". 2024-11-01. https://stockanalysis.com/stocks/qlys/financials/.
3. ↑ 3.0 3.1 Kelly, Meghan (September 28, 2012). "Cloud security company Qualys up 18 percent on IPO after the markets close". VentureBeat. https://venturebeat.com/2012/09/28/qualys-ipo-trading/.
4. ↑ Evans, Jonny (2023-02-07). "Qualys now supports macOS in its cloud security tools". https://www.computerworld.com/article/1617790/qualys-now-supports-macos-in-its-cloud-security-tools.html.
5. ↑ "Qualys has raised the bar in vulnerability management by reducing cyber risk and remediation times for customers – Sumedh Thakar". 2022-09-30. https://cxotoday.com/interviews/qualys-has-raised-the-bar-in-vulnerability-management-by-reducing-cyber-risk-and-remediation-times-for-customers-sumedh-thakar/.
6. ↑ Rosenbaum, David (September 2011). "Cloud control: you want your cloud provider to share security risk. Your provider wants to limit its liability. The result is a negotiation. Here's what CFOs should know to gain the upper hand". CFO 27 (7).
7. ↑ Villano, Matt (2009-10-12). "Cloud Cover". TIME. https://time.com/archive/6689663/cloud-cover/. Retrieved 2024-11-01.
8. ↑ Schleier, Curt (2020-08-27). "What's The Next Big Thing In Tech? Just Ask Qualys' CEO". https://www.investors.com/news/management/leaders-and-success/qualys-ceo-ceo-shows-you-how-find-next-big-thing/.
9. ↑ "Qualys, Inc. Secures $20M in Second Round Financing" (Press release). PR Newswire. April 10, 2001.
10. ↑ "Using your browser for security". Network World (IDG Communications, Inc.). April 28, 2003.
11. ↑ "Cloud Security Vendor Qualys Ready for IPO" (in en-US). 2012-06-12. https://www.sramanamitra.com/2012/06/12/cloud-security-vendor-qualys-ready-for-ipo/.
12. ↑ Courtney, Marin (30 September 2002). "Tool scours networks for threats". Network Week.
13. ↑ Ewalt, David M. (26 May 2003). "Free Network Check". Information Week.
14. ↑ Hines, Matt (October 16, 2007). "Core, Qualys to enter Web apps scanning market". InfoWorld. http://www.infoworld.com/d/security-central/core-qualys-enter-web-apps-scanning-market-250.
15. ↑ Lunden, Ingrid (28 September 2012). "Cloud Security Firm Qualys' IPO Opens At $12/Share, Raising $71.8M". TechCrunch. https://techcrunch.com/2012/09/28/qualys-ip/.
16. ↑ Kovacs, Eduard (2015-04-21). "Qualys Web Application Firewall 2.0 Brings Virtual Patching, Event Response". https://www.securityweek.com/qualys-web-application-firewall-20-brings-virtual-patching-event-response/.
17. ↑ Kovacs, Eduard (21 April 2015). "Qualys Web Application Firewall 2.0 Brings Virtual Patching, Event Response". Security Week. http://www.securityweek.com/qualys-web-application-firewall-20-brings-virtual-patching-event-response.
18. ↑ Barker, Ian (2015-04-21). "Cloud Agent Brings Enterprises Greater Security and Asset Control". BetaNews. http://betanews.com/2015/04/21/new-cloud-agent-brings-enterprises-greater-security-and-asset-control/.
19. ↑ Bridgwater, Adrian (2022-11-10). "Qualys Security Conference 2022: Corralling horses in an expanding edge rodeo". https://www.techrepublic.com/article/qualys-security-conference-edge/.
20. ↑ Bridgwater, Adrian (2022-11-10). "Qualys Security Conference 2022: Corralling horses in an expanding edge rodeo". https://www.techrepublic.com/article/qualys-security-conference-edge/.
21. ↑ Novinson, Michael (2021-03-22). "Longtime Qualys CEO Philippe Courtot Exits For Health Reasons". https://www.crn.com/news/security/longtime-qualys-ceo-philippe-courtot-exits-for-health-reasons.
22. ↑ Best, Martijn van; Eenbergen, Coen van; Pol, Floris Hulshoff; Zwets, Berry (2021-08-04). "Qualys brings Cloud Agent to RHEL CoreOS and Red Hat OpenShift". https://www.techzine.eu/news/applications/63565/qualys-brings-cloud-agent-to-rhel-coreos-and-red-hat-openshift/.
23. ↑ "Pwnie Award Winners 2021 – Pwnies". https://pwnies.com/winners/.
24. ↑ "Heap-based buffer overflow in Sudo! – Pwnies". https://pwnies.com/heap-based-buffer-overflow-in-sudo/.
25. ↑ "21 Nails – Pwnies". https://pwnies.com/sneek-peek-21-nails/.
26. ↑ Bridgwater, Adrian (2023-11-08). "Qualys Expands IT Control Posture To 'De-Risk' Business". https://www.forbes.com/sites/adrianbridgwater/2023/11/08/qualys-expands-it-control-posture-to-de-risk-business/.
27. ↑ Starc, Andrew (2024-05-06). "Qualys launches MSSP portal for partners". https://www.crn.com.au/news/qualys-launches-mssp-portal-for-partners-607710.

* Qualys SSL Labs Vulnerability Scanner
* Hoge, Patrick (December 19, 2008). "Friday, December 19, 2008 Network security firm Qualys floats to top of cloud computing Redwood City company to do $50M". San Francisco Business Times. http://www.bizjournals.com/sanfrancisco/stories/2008/12/22/story11.html.
* Rash, Wayne (December 9, 2002). "Inside information – QualysGuard service strengthened with an intranet scanner appliance.(Qualisguard Intranet Scanner Applicance [sic?)(Hardware Review) (Product/Service Evaluation)"]. InfoWorld. http://www.accessmylibrary.com/article-1G1-95177044/inside-information-qualysguard-service.html.
* "Qualys Updates Network Security Auditing Security audits are automated and unalterable, describing when the audit was performed, what vulnerabilities were uncovered, how to fix them, when they were assigned and to whom, and when repairs were successfully implemented.". Internet Week. April 16, 2003. http://www.informationweek.com/news/showArticle.jhtml?articleID=8800226.

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