Wednesday, May 15, 2019

Chicago cybersecurity firm expanding as companies seek protection from hackers


Chicago cybersecurity firm expanding as companies seek protection from hackers



Darren Guccione, CEO and co-founder of cybersecurity firm Keeper Security, said demand from small- to medium-sized business is driving Keeper's growth. (Keeper Security)


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Cybersecurity firm Keeper Security is set to triple its employee count in Chicago and move to a bigger office space later this summer, as demand grows for software that protects businesses from hackers.
The Chicago-based company launched in 2011 offering a password manager for consumers. Five years later, it rolled out a similar product for businesses that helped ensure employees’ passwords were strong and that their information had not been hacked.
Demand for that product among small- to medium-sized businesses is driving Keeper’s growth, said CEO and co-founder Darren Guccione.
“They need a cybersecurity platform that protects their businesses against a password-related security breach,” Guccione said. Small- and medium-sized businesses “are the ones being attacked the most because they tend to lack IT infrastructure and IT staff.”
Keeper has about 150 full-time employees worldwide, about 60 of whom are in its Chicago headquarters. It also has offices in California and Ireland. Guccione said he expects headcount in Chicago to increase to about 190 in the next six months.
The company is moving its West Loop headquarters to a space in the building next door that is roughly three times larger than its current office and has an option to expand, Guccione said.
Keeper’s Chicago employees work mainly in sales, marketing and customer service. Its software engineers work mostly out of the California office.

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