Baron Funds Comments on FireEye Inc.

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Aug 24, 2015

FireEye, Inc. (FEYE, Financial) is a next generation network security company that pioneered Advanced Persistent Threat Protection. The company has grown its sales by more than 10x over the last four years. FireEye’s shares continued their strong performance in the second quarter advancing 24.6%, as organizations around the world scrambled for solutions to growing cyber threats. We believe that FireEye has the best post-breach incident response service, which minimizes remediation time and damage and is the reason it is frequently the first call for companies that have been victimized. This service consistently gets FireEye into the door and gives them an opportunity to introduce and sell their other security products, potentially allowing them to build a real cybersecurity platform of the future.

From Baron Funds' second quarter 2015 commentary.