Security software maker Tufin soars on raised Q4 outlook>
ZD Net – Tiernan Ray
Shares of Tel Aviv-based security software maker Tufin surged by over 20% in late trading after the company this afternoon raised its outlook for the December-ending Q4, and named software industry veteran Ray Brancato as its chief revenue officer.

Tufin said it now expects revenue in Q4 in a range of $30.5 million to $31.1 million, above a prior forecast offered in November of $24 million to $29 million.

It is also higher than the $26.8 million Wall Street has been expecting.

Brancato, who will report to Tufin CEO and co-founder Ruvi Kitov, was previously at AnyVision, based in the town of Holon in Israel, where he was also chief revenue officer. AnyVision specializes in artificial intelligence technologies for face, object and human recognition in mass crowd events, and claims to be “the world’s leading developer of facial, body and object recognition platforms.”
Link: https://www.zdnet.com/article/security-software-maker-tufin-soars-on-raised-q4-outlook/