FatPipe's Total Security 360 Honored as 2025 MSP Today Product of the Year
Recognition of FatPipe's Product: FatPipe, Inc. announced that its Total Security 360 cybersecurity product received the 2025 MSP Today Product of the Year Award for its innovative solutions that enhance managed service providers' capabilities.
Market Growth Potential: The global Software-Defined Wide Area Network (SD-WAN) market is projected to grow significantly, with a compound annual growth rate of 31.14% from 2024 to 2032, indicating a strong market opportunity for FatPipe's offerings.
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Three Small IPOs Set to Raise $46 Million Next Week
- IPO Plans: Three small IPOs, including Apimeds Pharmaceuticals, Baiya International, and FatPipe, are set to raise $20 million, $13 million, and $5 million respectively, totaling $46 million, indicating sustained market interest in emerging companies.
- Market Positioning: Apimeds focuses on developing a bee venom therapy for knee osteoarthritis, Baiya International provides recruitment services, and FatPipe offers enterprise-grade network solutions, all seeking to expand their market share in their respective fields.
- Market Dynamics: With seven companies expected to release street research reports and six lock-up periods expiring, market activity is anticipated to increase, potentially attracting more investor attention to newly listed companies.
- IPO Market Performance: As of March 6, 2025, the Renaissance IPO Index is down 10.3% year-to-date, while the International IPO Index is up 8.1%, reflecting a divergence in market performance that may influence investor decisions.
FatPipe Announces Financial Results for the Second Quarter of Fiscal Year 2026
Financial Performance: FatPipe, Inc. reported a total revenue of $4.0 million for Q2 fiscal 2026, with a 49% growth in Monthly Recurring Billings compared to the same quarter in the previous year, despite a 29% year-over-year revenue decrease due to large deals in Q2 fiscal 2025.
Sales Expansion: The company nearly tripled its sales headcount from Q2 fiscal 2025 to Q2 fiscal 2026, aiming to enhance sales efforts and capitalize on growing interest in secure SD-WAN and cybersecurity solutions.
Deployment Achievements: FatPipe successfully completed significant SD-WAN deployments, including a 210+ site project for a U.S. school district and a 108-site deployment for a regional bank, indicating strong traction in the education and banking sectors.
CEO's Statement: Dr. Ragula Bhaskar, CEO of FatPipe, expressed confidence in the company's growth strategy, highlighting the importance of disciplined execution and expanding sales coverage to drive long-term shareholder value.
