San Francisco, Aug. 29, 2024 – Cobalt, a leading provider of offensive security solutions known for pioneering Pentest as a Service (PtaaS), made a significant announcement today regarding the appointment of Sonali Shah as the new Chief Executive Officer. Shah, a cybersecurity veteran and current board member at Cobalt, brings over 20 years of experience in scaling high-growth technology businesses to her new role.
The timing of Shah’s appointment is crucial for Cobalt as the company has recently experienced a period of substantial growth. Over the past year, Cobalt has expanded its product suite to offer a comprehensive platform that allows organizations of all sizes to scale offensive security testing across their entire infrastructure. This expansion has led to a surge in the number of pentests performed on Cobalt’s platform, setting new records for the company. Additionally, Cobalt has received numerous industry awards and accolades, including being recognized as the sole Outperformer in GigaOm’s Radar for Penetration Testing as a Service for two consecutive years.
Shah’s appointment marks a new chapter for Cobalt as she takes over from Chris Manton-Jones, who has been in the CEO role since April 2022. Under Manton-Jones’ leadership, Cobalt has seen significant growth in the PtaaS space and expanded its offensive security offerings, resulting in increased revenues and profitability. With Shah at the helm, the company is poised to continue its growth trajectory and meet the evolving security needs of its customers.
Commenting on Shah’s appointment, Gajan Rajanathan, Partner at Highland Europe, praised her extensive experience and strategic vision, stating, “Sonali brings the right experience to this team. She has the strategic vision and deep domain expertise needed to lead Cobalt into its next phase of growth.” Rajanathan also expressed gratitude to Manton-Jones for his contributions to Cobalt during his tenure as CEO.
In response to her appointment, Shah expressed her excitement about leading Cobalt in its next phase of growth, emphasizing the importance of providing maximum value to customers as their offensive security needs evolve. She highlighted Cobalt’s unique position in helping enterprises manage the risk of expanding attack surfaces through efficient and continuous offensive security programs.
Shah officially assumed the role of CEO on August 28, 2024. To learn more about Cobalt and its offerings, visit their website at Cobalt.io.
About Cobalt:
Cobalt is a renowned player in the cybersecurity space, leveraging a combination of talent and technology to deliver speed, scalability, and resilience to its customers. The company’s award-winning Pentest as a Service (PtaaS) model enables organizations to stay ahead of evolving threats and secure their applications, networks, and devices effectively. With a community of over 400 trusted security experts, Cobalt’s SaaS platform is relied upon by thousands of customers and partners to create robust security programs that support business objectives and drive innovation securely.