Webroot: SaaS Business Grew By 150 Percent

Boulder, Colorado-based Webroot, a provider of security software, is reporting today that its software-as-a-service revenue grew by 150 percent between 2007 and 2008, more than doubling its revenues. The firm said that according to IDC, it grew its revenue in the market faster than any other security vendor. The firm said it grew its revenues from $1.0M to $2.5M between 2007 and 2008. Webroot is a provider of anti-spyware and web security tools.