Appgate, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Leo Taddeo
- Full Time Employees
- 415
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 2 Alhambra Plaza Coral Gables FL United States of America 33134
- IPO Date
- Nov 16, 2021
- CIK
- 0001353538
- Website
- appgate.com
- Similar Companies
- Business
- Appgate, Inc. (formerly traded under ticker APGT) provides cybersecurity solutions based on Zero Trust principles, specializing in secure access for people, devices, and systems across enterprises and government agencies worldwide. The company offers core products including Appgate SDP, its flagship software-defined perimeter solution for Universal Zero Trust Network Access (ZTNA) that enables direct-routed, high-performance secure connectivity to multi-cloud, on-premises, and legacy applications; Appgate Risk Sentinel for risk-based authentication with AI-driven risk assessments and adaptive multi-factor authentication; 360 Fraud Protection encompassing digital threat protection against phishing, malicious apps, and fraudulent websites; and threat management services such as malware analysis, adversary simulation, penetration testing, cyber advisory, third-party risk management, and ZTNA implementation services. These offerings target industries including financial services, healthcare, manufacturing, energy, federal government, and critical infrastructure, with operations spanning over 40 countries. Founded in 2020 and headquartered in Coral Gables, Florida, Appgate delivers its solutions through a subscription-based model combining cloud-native software, self-hosted options, and professional services to enterprises seeking to replace legacy VPNs, secure remote access, OT/IoT environments, SaaS applications, and workload communications while ensuring compliance and reducing operational costs. In July 2024, Appgate completed a comprehensive recapitalization through a prepackaged Chapter 11 process, emerging debt-free as a privately held company after withdrawing from public trading and deregistering with the SEC; this restructuring was supported by equity financing from longstanding investor Magnetar Capital and converted creditor debt into equity held by lead investors. The company secured additional growth capital from Magnetar to fund platform enhancements, R&D, sales expansion, and customer acquisition in ZTNA and fraud protection markets. Recent product advancements include the launch of Appgate SDP 6.3 featuring an AI-based risk engine for improved resiliency and performance, a new malware analysis service for threat mitigation, and an Application Discovery service; Appgate also finalized significant new business, including a deal with the U.S. Department of Defense, amid two quarters of strong growth.
Phishing Drove 73.2% of Global Fraud Incidents in 2025, According to New Fraud Beat Report from 360 Fraud Protection by AppGate
AppGate Partners with GDIT to Provide Zero Trust Network Access for U.S. Air Force Next Generation Gateway Program
AppGate Launches Secure Remote Access for Industrial OT, Expanding Zero Trust Portfolio
AppGate Introduces Agentic AI Core Protection
AppGate ZTNA Delivered 210% ROI in Independent Study, Driving $11.6M NPV Over Three Years
AppGate's Zero Trust Network Access Solution Approved for Department of War's Platform One Solutions Marketplace
Brigadier General Paul Craft, U.S. Army (Ret.), Joins Appgate Federal Advisory Board
Appgate Successfully Completes Recapitalization and Embarks on Next Phase of Growth
Appgate Announces Comprehensive Recapitalization Process, Positioning Company for Long-Term Growth and Innovation
Appgate Selected as Enterprise-Class Zero Trust Network Access Provider for DXC Technology's New Security Solution
Appgate Announces Fourth Quarter and Full Year 2021 Financial Results
U.S. IPO Weekly Recap: The IPO Market Remains Chilly In A 1-IPO Week
Appgate Announces Date of Third Quarter Fiscal 2021 Financial Results Conference Call