- Plurilock (PLUR) has signed contract renewals with over 50 customers worldwide
- The renewals, signed in September and October 2022, are for the company’s CloudCodes cloud security product
- The company intends to cross-sell other high-margin products, such as DEFEND, to existing CloudCodes customers
- Plurilock provides identity-centric cybersecurity for today’s workforces
- Plurilock Security (PLUR) opened unchanged, trading at $0.205 per share
Plurilock (PLUR) has signed contract renewals with over 50 customers worldwide.
The renewals, signed in September and October 2022, are for the company’s CloudCodes cloud security product.
The comprehensive solution – which includes single sign-on, identity access management, access control, and cloud DLP – allows customers to benefit from safer access to their enterprise SaaS applications and internal data systems.
The renewed customers operate in wide-ranging industries such as airlines, e-commerce logistics, online ticketing platforms, manufacturing, pharmaceuticals and defence.
Plurilock views the renewals as proof of CloudCodes’ robust offering.
“These contract renewals represent a milestone for us, following the acquisition of certain assets from CloudCodes, that has enabled us to expand our distribution channels and develop new business relationships with customers worldwide,” stated Ian L. Paterson, CEO of Plurilock.
“As we continue to build more customer traction for the CloudCodes offering, we intend to unlock new synergies and cross-sell other high-margin proprietary products such as DEFEND to existing customers,” he added.
Plurilock provides identity-centric cybersecurity for today’s workforces.
Plurilock Security (PLUR) opened unchanged, trading at $0.205 per share.