Firefly Fiber Broadband Selects Corero Network Security for Scalable DDoS Protection Across Expanding Infrastructure
Rhea-AI Summary
Corero Network Security (OTCQX: DDOSF) has secured a new customer win with Firefly Fiber Broadband, a subsidiary of Central Virginia Electric Cooperative. The partnership involves deploying Corero's SmartWall ONE™ solution to provide scalable DDoS protection across Firefly's expanding infrastructure.
The multi-year agreement will support Firefly's growing network serving residential, small business, enterprise, and institutional customers. The solution is designed to ensure high availability and reliability while providing scalability for future growth. This engagement will contribute to Corero's expanding base of annualized recurring revenue (ARR).
Positive
- New multi-year recurring revenue contract secured with Firefly Fiber Broadband
- Expansion of annualized recurring revenue (ARR) base
- Strategic positioning in the growing broadband provider security market
Negative
- None.
News Market Reaction – DDOSF
On the day this news was published, DDOSF gained 18.14%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Deployment enhances service availability and positions Firefly for secure growth across residential and enterprise markets
Firefly Fiber Broadband, a subsidiary of Central Virginia Electric Cooperative, has earned national recognition for communications excellence and customer satisfaction, while continuing to expand its award-winning fiber network into new markets. As the company extends its footprint to serve a growing base of residential, small business, enterprise, and institutional customers, it has selected Corero to deliver scalable and flexible DDoS protection across its infrastructure through a deployment of SmartWall ONE™, Corero's flagship solution.
Corero worked closely with Firefly to tailor a solution that aligns with the provider's operational model and long-term vision. The flexible architecture integrates seamlessly into Firefly's environment and supports uninterrupted service delivery to tens of thousands of customers, ensuring the high availability and reliability expected across their diverse customer base while providing room to scale with future growth.
"We help providers like Firefly stay always-on as they grow," said Carl Herberger, CEO at Corero Network Security. "This deployment proves our ability to deliver adaptable protection that scales with their mission and keeps their customers connected without interruption."
The multi-year, recurring engagement contributes to Corero's expanding base of annualized recurring revenue (ARR) and reinforces the company's role as a strategic enabler for broadband providers focused on security, service continuity, and scale.
About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in
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SOURCE Corero Network Security