Tom Turner of Coro
The MSP InitiativeApril 30, 202400:56:3551.82 MB

Tom Turner of Coro

🎙️ SPEAKER Tom Turner

📍 WHERE TO FIND HIM LinkedIn: https://www.linkedin.com/in/tnturner31/ Website: https://www.coro.net/

📌WHAT IS THE MSP INITIATIVE? The MSP Initiative was developed with one goal in mind: education for the IT & MSP Channel. We are bringing together some of the best industry minds from all over the planet to help you learn relevant and helpful tips and tricks you need to take your business to the next level! Every Tuesday and Thursday at 1:00 PM ET, we will have great IT Channel members and experts discussing relevant topics to your business. We hope to have these great members from diverse backgrounds and areas of expertise help everyone through some new and changing times. Register once and join us every week! There will be time reserved at the end of each session for a Q&A, giving you the opportunity to ask real questions you need answers to for your business.

📝 VISIT THE WEBSITE BELOW TO REGISTER tinyurl.com/y749r79u

📱 WHERE TO FIND US Facebook: @mspInitiative LinkedIn: @mspinitiative Twitter: @mspinitiative Website: mspinitiative.com

🎙️ SPEAKER Tom Turner

📍 WHERE TO FIND HIM LinkedIn: https://www.linkedin.com/in/tnturner31/ Website: https://www.coro.net/

📌WHAT IS THE MSP INITIATIVE? The MSP Initiative was developed with one goal in mind: education for the IT & MSP Channel. We are bringing together some of the best industry minds from all over the planet to help you learn relevant and helpful tips and tricks you need to take your business to the next level! Every Tuesday and Thursday at 1:00 PM ET, we will have great IT Channel members and experts discussing relevant topics to your business. We hope to have these great members from diverse backgrounds and areas of expertise help everyone through some new and changing times. Register once and join us every week! There will be time reserved at the end of each session for a Q&A, giving you the opportunity to ask real questions you need answers to for your business.

📝 VISIT THE WEBSITE BELOW TO REGISTER tinyurl.com/y749r79u

📱 WHERE TO FIND US Facebook: @mspInitiative LinkedIn: @mspinitiative Twitter: @mspinitiative Website: mspinitiative.com

[00:00:02] Hello ladies and gentlemen, welcome to a April 30th edition of the MSP Initiative MSP talk. That's right. It is the end of the month

[00:00:11] Hopefully everybody got everything in and close another last minute deals and

[00:00:17] Here we are going into almost summertime

[00:00:20] You know, once you may is like that slippery slope into vacation time

[00:00:24] June July August so buckle up guys

[00:00:28] We are right into thick of the year. So mspinitiative.com

[00:00:32] This is where everything that we do should be listed online. You'll definitely see

[00:00:37] This session which is being recorded posted to our podcatchers our youtube page

[00:00:42] And the sessions tab on mspinitiative.com

[00:00:45] So however you want to, you know, download that feel free make sure to like subscribe share all that good stuff

[00:00:51] We keep doing this so that you can keep up with things that are in the sandbox

[00:00:56] We completed our very first MSP community minds of the year in Nashville

[00:01:00] We post I'm sure we'll be posting pictures if we haven't and this was really great content guys

[00:01:05] You had a bunch of MSPs on panels

[00:01:07] We had like four or five really solid MSP panels just hearing from the people that are in the trench like you

[00:01:13] We had some workshops as well where we had

[00:01:16] You know experts from around the industry run to at least two hour workshops

[00:01:20] Where they like got into more than death by power point

[00:01:22] We wanted you to get past the concept of something and into the actual application of it

[00:01:27] So this was so well received if you go online and check out how the Nashville one was constructed

[00:01:32] We are moving forward with the next one. Well, which will be in Denver at the end of September

[00:01:38] We're gonna change the dates. There was originally supposed to be in July

[00:01:41] Pushing it out September to kind of line things up a little bit better

[00:01:44] But we are excited to get the second one off this year totally educational event

[00:01:48] Thank you for everyone who came out

[00:01:50] Get a really great audience and for you know the co-sponsoring vendors that helped put this together

[00:01:54] And make this happen. Thank you. Thank you. Thank you for making it happen

[00:01:57] A little bit of a different format than a traditional MSP, you know kind of trade show style event

[00:02:03] And that's what we

[00:02:05] That's what we were after so

[00:02:07] Moving on

[00:02:08] And probably what everybody knows is better for is the MSP community block parties and after parties

[00:02:14] We have two not one but two coming up

[00:02:18] Next month in June

[00:02:20] Happen to be the same week just on different parts of the you know different sides of the ocean

[00:02:24] Well, we'll be doing a block party with the Pax Apeon conference in Denver

[00:02:28] The week of I believe that will be on June 10th

[00:02:32] So that's the second night of the conference and we'll be

[00:02:36] We'll be you know whipping something together here

[00:02:38] We're in the final stages of actually announcing that and then we'll also be going back to Datto Kaseyakan

[00:02:44] In Dublin we were there last year coming back again this year

[00:02:48] And and doing a repeat of our block party there and that'll be later on that week

[00:02:52] For everybody on the european side so

[00:02:55] Definitely hit these two landing pages up free register

[00:02:59] If you've been to a block party, you know if you're already registered ahead of time

[00:03:02] That just gets you into the door faster and you know get you enjoying the event better

[00:03:06] Again, these are absolutely free for you to attend as an MSP

[00:03:10] Yeah, drinks are on all of the vendors that are kind of throwing in to make this happen

[00:03:13] So please join us and we also have some community offers on here

[00:03:18] These are just vendors from around the space that threw some deals up

[00:03:20] And then we have our industry calendar which should go to them to the year to give you an idea of what's going on every single week

[00:03:27] Of the year so you can figure out what's happening out in the space and whether you want to join or not

[00:03:31] So that is everything you'll find at mspinitiative.com

[00:03:35] Dot com and that is all of our housekeeping and now we'll get to our guest for today on the podcast

[00:03:42] Tom from oro. How you doing today tom? Doing fantastic. Thanks for having me

[00:03:47] Yeah, you said you're out of chicago so I see the backdrop there

[00:03:51] So

[00:03:52] Hopefully the weather's getting a little bit better for you out there

[00:03:54] Yeah, it was nice this weekend and like you said we're heading into that summertime where chicago is a great fun city

[00:04:01] 100% especially when you get out in the water a little bit

[00:04:04] Yeah, did you see the new bear stadium rendering that I saw they put up last week?

[00:04:09] Yeah, it looks pretty cool. You know, and I think it'd be better for chicago if they kept that downtown

[00:04:15] But you know, there'll be a lot of

[00:04:17] Fighting over that for tax money and stuff like that out there. So but it looks fantastic

[00:04:22] Wow, looks like I made it froze. I'm gonna keep going. Um

[00:04:26] Yeah, so, you know, obviously, you know, we were hearing that they were going to move that bear stadium out to the suburb

[00:04:30] So, you know, if they're gonna keep it on the waterfront, I think that's good for everyone

[00:04:35] Agreed 100% so every time I have somebody new on the on the show

[00:04:40] We kind of love to hear everybody's like personal journey into technology space

[00:04:45] So that I learned like where you came from and how you got to where you are now and gives us a little bit better idea

[00:04:50] How you know what your what your path was?

[00:04:53] Well, I've been in the channel space. That's gonna age me, you know over 30 years

[00:04:58] You know, I started back in the days when it was just long distance for nationwide carriers running channel teams

[00:05:04] You know, the channel is my passion

[00:05:06] From there I got into um after um after that I got into working for some celax

[00:05:13] A global comm that became first comm started the channel program from scratch

[00:05:17] And you know did the development of you know from pri's to data into

[00:05:22] You know, um, you know

[00:05:24] The ucast and all that stuff and then I went to another celac called access one

[00:05:29] I ran their channel and um, you know really kicked off turning them from a you know, just a

[00:05:35] C-leck into a full bludge msp

[00:05:38] And also we got a a meta switch and became a um hosted company

[00:05:43] And um, you know, I've been with the same cro jim tarantino

[00:05:47] This is going to be our fourth company together. We've known each other for 22 years

[00:05:51] So he called me up three years ago and says, you know, I got this great opportunity

[00:05:56] It's um, you know a cyber security company one of the most exciting ones out there

[00:06:00] And there is no channel. So um kind of my expertise is I like to go out and build channel programs from scratch

[00:06:06] We've been extremely successful here. That's why I'm talking to you

[00:06:10] I really launched the channel here a little over um two and a half years ago and um,

[00:06:15] we're just doing great and

[00:06:17] You know, we're a large part of

[00:06:20] of the

[00:06:22] Um revenue here at coral

[00:06:25] One one second

[00:06:40] Tom can you hear me? I can

[00:06:42] Awesome. Oh cool. So you've been around. Yeah, you've been around the sandbox for some time

[00:06:47] um

[00:06:48] What makes a successful channel program in your in your opinion, right? Like obviously you've done this several times

[00:06:55] What works what doesn't you know, you tell us what you've seen

[00:06:58] You know are the winning points here

[00:07:01] I think one of the biggest things is you got to be easy to work with, you know

[00:07:05] Knock down those barriers be a true partner. And that's what we really focus here on coral

[00:07:10] Um, and I'll get into that a little bit later

[00:07:12] But you know, give them all the resources they need be there to do it, you know, when you

[00:07:17] You got a couple different, you know, you know channels out there

[00:07:20] You know, you got of course the the msp's out there

[00:07:24] You know that you guys deal with mainly and you know, we do resell for them

[00:07:27] But with with the amount of funding our company's had

[00:07:31] We can give you a ton of assets so really be easy to work with

[00:07:35] You know make it a simple product that they can understand and give them all the resources to do it

[00:07:39] And that really creates a true partnership

[00:07:42] And the other thing is when I deal with an msp

[00:07:45] I'm not just here for you guys to use our product, which we think is great, but i'm more here

[00:07:51] To help you build your business, you know have that business discussion

[00:07:54] And how can we help you build your business get more customers make more money?

[00:07:59] And when you can get into those conversations you really create what I call a true partnership

[00:08:06] No, that's great. I mean so obviously you started your career path on the telco side

[00:08:11] You know, what have you seen are the major differences between how

[00:08:16] You know like the tell yeah, like the channel is a very big word, right?

[00:08:19] There's different channels different parts of the of the sandbox

[00:08:23] What's so different between telco and msp in your opinion?

[00:08:26] Really, I mean it's not a lot it depends when for an msp

[00:08:32] um, you know, you need to have a security stack and

[00:08:35] You know what security is and most people know what it is

[00:08:38] But on the telcom side you got all the tsbs out there which we work with all them too

[00:08:43] So not only do we have that agent referral we resell to the msp's

[00:08:47] And when you're getting into that, um, you know agent referral business, um, you know through the avants and

[00:08:54] Telares's and those sandler and those type of companies out there

[00:08:58] You know, they represent everything. They're a trusted advisor for their

[00:09:02] Customer so on the telcom they need people like us to help them make the sales

[00:09:07] They'll make the introductions, but we make the sales and you got to again be really easy to work with

[00:09:12] But you know, they're more doing a whole array of products from ucast to

[00:09:17] You know network and all that type of stuff. So they're not an expert at anything

[00:09:23] but they can

[00:09:24] Make those introductions where we come in and really do the selling for them and help them really

[00:09:30] Focus on the right customers

[00:09:32] So have you I mean this has been talked about for a long time

[00:09:37] Although I think it may have been exaggerated Tom

[00:09:39] Are you seeing that big of a crossover or meshing between both sides of those of those aisles or

[00:09:46] Are you still seeing a really definitive path between one versus the other? No, they're completely crossing over

[00:09:51] You know, let's let's go back in the history a little bit

[00:09:53] You know at the typical agent who's a referral agent who works for the tsp

[00:09:58] They might have started, you know with long distance then it went to

[00:10:02] You know network internet connections and then the big push for the last eight years has been ucast

[00:10:07] Well now all the tsbs are pushing security

[00:10:10] That is the next thing on the horizon because they want to keep being able to keep selling to their existing customer base

[00:10:16] So therefore they um on the you know, the agent side

[00:10:20] They're all getting into selling security. They want to learn it, you know, right now

[00:10:24] There's only about a 10 to 20 percent penetration

[00:10:27] The same thing on the msp side. I have a lot of companies. I work with who are selling

[00:10:32] You know ucasts to the msp's the msp's are getting into ucast

[00:10:37] They also want to get in and you know make money off that network and all that

[00:10:41] So a lot of msp's not only do they work with these master agents where they can make a commission

[00:10:45] Out there off of selling, you know an sd-wan network or or a ucast product

[00:10:52] So they are completely messed together

[00:10:55] And then the other thing that we're doing here is we're looking for carriers that we can integrate our product with

[00:11:01] You know, a lot of ucast carriers, you know, even if you look at the the big guys

[00:11:05] The at&t's they're all in the security the brisons the t mobiles. Everyone is getting into security

[00:11:11] So that's where I see these things messing together

[00:11:15] Interesting

[00:11:16] are you

[00:11:18] You know like security

[00:11:20] you know is viewed more of a

[00:11:23] Technology service than just electricity or plumbing right? So

[00:11:28] How are you, you know seeing, you know the positioning of this especially from uh,

[00:11:33] You know, you're an agent and you're in telco land you kind of just hand it off somebody else and they figure it out

[00:11:38] Whereas if you're an msp, you're really hands-on there's

[00:11:42] A two different lines of thinking there

[00:11:44] How is this different than when you're talking about security?

[00:11:49] Well, look, you know and right now if you're an msp

[00:11:52] And you know a lot of guys who are break fix now are getting into it if you don't have a cyber security stack

[00:11:59] You're really not an msp. So it's essential for your business to have a cyber security stack

[00:12:04] And really what we've seen the problem out there is almost everything that was built for

[00:12:11] Cyber security, you know for msp was made for enterprise

[00:12:15] Because you know, let's say three or four years ago

[00:12:17] We didn't think the s and b and middle market would be under attack

[00:12:21] Now they are and that's the customers of an msp

[00:12:24] You know, even though a lot of msp's might help out and enterprise and part of their stuff

[00:12:29] Typically, you know the typical msp they're the whole outsource it staff

[00:12:34] So that company is relying relying on their msp to surprise give them a security stack

[00:12:41] Then what happens is, you know, when you add those expensive tools up

[00:12:45] There's like four or five tools you'll need to manage the whole landscape

[00:12:49] It becomes very expensive. So when you go to a

[00:12:52] You know 100 or 75 user company and say you're going to charge $35 40 ahead for

[00:12:59] security, they might pass on it

[00:13:01] And then that puts the msp in a bad spot

[00:13:04] Because there was a survey done that even if you don't take their security stack and they get hacked

[00:13:11] They're going to sue their msp, you know

[00:13:13] So 70 of the people said i'm going to sue my msp and you're going to say hey

[00:13:17] I offered it to you didn't want it

[00:13:19] So really where I think the future is going out here, we can talk about this a little later is consolidation

[00:13:25] We need to have something for the s and b in middle market that they can afford

[00:13:30] And um an msp can deliver to them

[00:13:33] 100 so talk to us a little bit about coro what yeah from uh from an msp standpoint coro still

[00:13:42] pretty new

[00:13:43] Brand or company right to the sandbox

[00:13:46] So yeah

[00:13:48] Yeah, you're going to see that changing fast. Okay, you know a little bit about us

[00:13:52] You know, we are the probably the fastest growing cybersecurity company in the world over the last two years

[00:13:58] We've received $250 million in funding and it's because of our product

[00:14:02] Our product was made and these are some of the biggest vcs out there that took like dark trace public and people like that

[00:14:08] so

[00:14:11] Our product was made for the s and b in middle market and what we have is this module security product that um has

[00:14:19] over 14 modules in there from end point

[00:14:22] to email to sassy to zero trust

[00:14:26] to

[00:14:27] mobile device management everything in one simple platform and the unique thing why we're taking off is because

[00:14:33] This thing can be managed by a tier one tech

[00:14:35] So for an msp's perspective the reason they're coming on and you know, we've signed up a ton of msp's and you know

[00:14:41] You'll see us at the shows and you know, we're winning a lot of awards is because

[00:14:46] They can have one

[00:14:48] Dashboard and you know, it's more you know, not just the module. It's the platform one platform

[00:14:53] That's got everything they need to cover their clients for an easy to manage an affordable rate

[00:14:59] And then we have a us-based sock that can manage it for them

[00:15:03] So, you know, you can imagine if you're an msp out there and you know

[00:15:07] You got five or six really high paid guys who've got to manage

[00:15:10] You know your sentinel ones and your cloud strikes and all that stuff

[00:15:14] Can imagine if you could do that with one guy or two guys and let those guys do other stuff for you and at a much

[00:15:21] Better rate that your customers can afford so they think um recently golden sacks who

[00:15:28] Was looking at investing at us

[00:15:30] Gave us an a plus rating to dominate the s and b a middle market because that's where our product was made for

[00:15:36] You know, why does an msp exist because somebody has a lean it team?

[00:15:41] That's what we're all about. So when you know, not only on the agent referral side

[00:15:46] You know, we're simple and easy to understand because you know security blows people's minds away

[00:15:51] So that's um, you know, we got the funding we're growing

[00:15:56] You know, we're focused on north america even though we're reaching in with the recent

[00:16:01] $100 million funding round we got about a month ago. We're going into europe pretty strong this year

[00:16:07] So we are worldwide

[00:16:09] Most of our technology comes out of israel. That's where our rnd is but we're us us based company

[00:16:15] We have a huge sales office in chicago where we took over the whole 13th floor right next to union station

[00:16:21] As i'm in chicago now

[00:16:23] So um, no it's I recommend people to come check us out go to our website coro.net

[00:16:29] You know reach out to myself or my team, you know, we have

[00:16:33] A full team of close to 20 channel managers out there, you know there to help you and

[00:16:40] Really, I would say the biggest thing I can bring to this thing like I mentioned earlier

[00:16:45] When you deal with coro, we have so many assets that we can help you grow your business, you know

[00:16:51] From our whole marketing team that will put a marketing plan together for you

[00:16:54] We'll have bdr's that will set appointments and do stuff for you. We have sales reps to help you sell

[00:16:59] Um, we have a dedicated, you know engineer to your account

[00:17:03] So because we have this funding we can offer resources that really are competition doesn't offer and it's all about not just

[00:17:11] Using my product which we think is great

[00:17:13] It's more about us coming up with a go-to-market plan to help you grow your business, you know

[00:17:19] I mean you got companies out there like a robin robins. I mean her whole company is based on helping msp's

[00:17:26] Grow their business. I mean you guys do a lot of that also at msp initiative, you know, you're out there

[00:17:31] Trying to help them grow

[00:17:33] We have the tools to give to you and we'll map out that plan, you know

[00:17:37] Whatever level you come on. We have different stuff we can give you but you won't get any of these assets from

[00:17:42] The competitors out there. No, I mean listen it definitely sounds interesting. I mean

[00:17:46] um

[00:17:47] so

[00:17:49] Let's talk about the program for a little bit because

[00:17:52] As you can imagine this topic goes far and wide around

[00:17:56] You know, especially venture back to a private equity back companies, right? Like seems to be a

[00:18:01] Blueprint that everybody follows, right? Hey, there's a minimum. There's a three-year contract

[00:18:07] You know, like there's all these kind of stipulations, right to how you do business with the partner

[00:18:12] So I love to understand like the plumbing of how the program works from your side

[00:18:17] Okay, so like I said, you know, we want to be really easy to do business with

[00:18:21] So, um, you know, we have a reseller agreement for the msp and we typically our lowest package

[00:18:27] We like to start with this a 75

[00:18:30] Package, you know that comes with a price and we have the the modules and the bundles and I'll get into that

[00:18:36] But they're very inexpensive, you know

[00:18:38] You're talking around starting about two dollars a module like for email endpoint and all that stuff

[00:18:43] So you can either, you know pick these individual 14 modules and plug and play where you want for every customer

[00:18:51] It's really easy or we have some preset bundles that are really attractive out there

[00:18:55] That can give you like email endpoint data governance and everything all in one bundle, you know, we're selling that for

[00:19:02] You know around 350 and then what happens is as soon as you, you know get the 75 on

[00:19:08] Or you want to start at 250 or 500 or 2500?

[00:19:13] We have different price points for you. The price keeps going down the more you do

[00:19:17] Um, you know, we even have a page to go for the people who just want to put their toe in the water and

[00:19:22] You know, it's month to month

[00:19:24] We really don't you know like that because we're not going to give you all these great assets

[00:19:28] We have we want you to at least start with a 75 pack

[00:19:31] We give everyone complete proof of concept

[00:19:34] We give every customer you put on you can put on for 30 days

[00:19:38] And then just take them off and then they don't pay so every customer gets 30 days free

[00:19:43] We give you 30 days free for everyone you put on

[00:19:46] So therefore if you want to charge them right away, that's up to you

[00:19:49] As msp and I said we have you know the channel managers who will sign you up and you know

[00:19:55] Put you through the demo and put you on trial. You can do your technical proof of concept

[00:20:00] Then after that

[00:20:02] Hopefully we come to an arrangement of where you want to start and you know

[00:20:06] Depending on the price level depending the size your msp

[00:20:09] And then after that we get your growth manager who's going to help you put users on maybe help sell stuff

[00:20:16] Then we give you over to our marketing department that'll put a go-to marketing plan for you

[00:20:20] I mean a lot of msp don't have a marketing team. We have a complete portal

[00:20:25] Through exemplify that has all the material in there with preset campaigns webinar in a box all that type of stuff

[00:20:33] But we also have what's called a parking

[00:20:35] Partner marketing manager who's going to sit with you and plan that and you know

[00:20:39] And these are just some of the assets we do in the program, but it is a tiered approach

[00:20:44] That you can start where you want

[00:20:46] And we're going to help you grow it and add more and more and that's kind of a quick overview for it

[00:20:52] Now we also do have a strategic team

[00:20:55] And we're look pretty much focused on msp's that are like seven million and above and we have some really

[00:21:03] um great plans for them with marketing funds

[00:21:06] Sales folks bdrs and all this stuff that you know, we we come to some type of a commitment with

[00:21:12] Which has been a big hit. We've been able to land some of the biggest msp's out there

[00:21:16] And it's been a really good thing for us to uh, you know increase our revenues fast

[00:21:22] Hmm. So when you say the packs right 75 500 2500

[00:21:27] Endpoints people seats, how do you define it? Um, it's really what I'm saying that it's one of those modules

[00:21:35] So you could just put an email you could put um, you know and then add the edr and then the mdr, you know

[00:21:43] You know or the bundles they come in like we have like four bundles

[00:21:47] So it's more in user because what we want, you know, the end user is going to need an endpoint

[00:21:53] Maybe they're under contract for their current endpoint. So maybe they just go with their email

[00:21:57] Maybe they just want to use our sassy product, you know and

[00:22:01] You know the dns filtering or the zero trust or the cloud based

[00:22:05] I was about to say you said there's 14 modules and you kind of been like trickling through them, right?

[00:22:11] Could you just spell them out? What are the 14 things to choose from? Okay? I might miss a one or two

[00:22:19] But we we have email

[00:22:22] endpoint edr

[00:22:25] Data governance

[00:22:27] endpoint data governance

[00:22:30] The cloud based firewall the zero trust network

[00:22:34] the mobile device management

[00:22:36] um, and

[00:22:38] There's another sassy product in there

[00:22:41] and um

[00:22:42] So I don't have all 14 up top. My head was pretty close

[00:22:47] So so let me so let me zoom back and just try and

[00:22:51] Make sense of this

[00:22:53] Is the position of coro? Hey

[00:22:56] We know you need security, you know, you need security, you know, you know the the landscape. It's only going to get worse

[00:23:02] You could either play the game of find different vendor and every every placeholder and try and manage it

[00:23:08] Which is difficult, right your point lean, right? Yeah, not talent or you're like hey listen. I have all of the products and you know

[00:23:19] Theoretically you'll add more over time. I have all of the categories covered under one company under one vendor

[00:23:25] Yes

[00:23:26] And so you have two options you can pick and choose what you need

[00:23:29] And you just only turn that on you only pay for that or

[00:23:33] Hey, if you're in a position where you can adopt the whole stack and have it all in one place do that

[00:23:37] Yep

[00:23:38] And so we're about to launch the pricing where you can have all 14 for a price

[00:23:43] We're about to launch that we haven't done it yet

[00:23:45] Because right now you can buy the bundles and the way I look at the way we're set up is it's like

[00:23:50] You know, you could go to the buffet and we got 14 things in the buffet and pick and choose what you want

[00:23:55] Or we have what's ordering off the menu as we have four preset bundles once a sassy bundle

[00:24:01] Once an endpoint bundle once called core essentials got a little bit of everything in there

[00:24:06] And then once an email bundle so we have those four bundles pre-made and when you go into the platform

[00:24:11] I mean, you'll see it all in there. It's really easy now

[00:24:14] We're different than other companies. These aren't other people's products. This is all homegrown by us

[00:24:19] Okay, and that is unique

[00:24:22] The only thing that we have in there is we put a little bit or an endpoint of

[00:24:26] A bit defenders gravity engine and because it's just the ai in there

[00:24:31] But it is still our endpoint, you know, and it's our edr and all that stuff and then every one of those those

[00:24:38] Modules of things can be managed. So you just click a button manage it

[00:24:42] And we manage it for you and that's an additional cost, of course

[00:24:45] but not like we're doing a dollar per

[00:24:49] Module and I think it's two

[00:24:52] 50 per bundle

[00:24:53] so the management fee is pretty good and then you can and that's on a month a month

[00:24:57] You can add it in take it off. Maybe at the beginning you want us to manage it until you get to learn it

[00:25:03] But it is very simple out there

[00:25:05] interesting all right, so

[00:25:07] Almost all your stuff, right minus a couple pieces cool

[00:25:11] And 14 modules you can pick and choose that our bundles got it

[00:25:15] How does the and you said you can manage it? So like you have your own sock team

[00:25:21] behind the scenes that can effectively monitor for events and

[00:25:25] Figure out what needs to be done in the moment and then do you

[00:25:29] Take point on anything that comes through and then the msp just you'll tell them afterwards or how

[00:25:34] Integrated are they in that?

[00:25:36] Yeah, that conversation well

[00:25:37] We like to work and notify the msp

[00:25:40] So we can kind of be like the behind the wall sock

[00:25:43] But if they want us to interact with their customers we can do that as well

[00:25:47] But you know it just depends on what the msp wants msp might want to look like they are you know

[00:25:53] Big they got their own sock and we'll be that and let's be clear

[00:25:56] We're the sock for our product only we're not doing all the other stuff out there. So

[00:26:02] And that's important, you know for them to you know get new customers

[00:26:05] So just how they want to explain it to their customers we can work either way

[00:26:09] We're very flexible. That's one of the things that we were with our program were flexible

[00:26:14] You know we got you know good pricing and if we got to win a deal we'll um work around to get that done

[00:26:21] Got it. So what do you I mean sounds like you have a like

[00:26:25] From a positioning standpoint sounds great

[00:26:28] but

[00:26:29] What happens when you're you know and it sounds like you'll be there, but let me give you the scenario msp is going into an opportunity

[00:26:36] Let's say it's a slightly larger account. Let's say they have crowd strike

[00:26:40] Crowd strikes a household name right like it's a big name in the space

[00:26:44] How do you compete against those brands right coros? Well, you know relatively newer, right?

[00:26:49] So, how does that conversation go? Well, if you ask my ceo, he thinks we're gonna outsell

[00:26:55] Sentinel one and cloud strike this year now

[00:26:57] That's on my head to do and that's a really aggressive target

[00:27:01] But we're we're exploding out there, you know as far as our branding, you know, we're going to be a household name

[00:27:06] I tell a lot of msp's if you're not with us now

[00:27:09] You will be with the amount of funding and I mean they announced our funding on the nasdaq board

[00:27:15] Um, you know, we're in with Gardner. We're building some different categories over there

[00:27:19] And you know, if anyone's at the channel partner show, we had like a million dollar booth, you know

[00:27:24] my one of my um

[00:27:26] It's very interesting our cmo. He's one of the founders, you know

[00:27:30] Sentinel one always had a really cool big tree booth, you know, they used to have so

[00:27:35] He went found their company and said I want to build a better booth and we did it

[00:27:39] We're going to be a black hat. I'm in a great position this year

[00:27:43] I'll be out there and you're going to see coro everywhere

[00:27:46] We're doing a lot of digital ads out there and you know when

[00:27:50] We get prospects and stuff like that and you know, even for some of the msp customers

[00:27:54] We could you know digitally, you know

[00:27:57] Do that type of stuff in nursing campaigns

[00:27:59] So the word spreading and from where we've been to where we are now

[00:28:04] And with all the funding, um, you know, we're going to be a household name. So

[00:28:09] Okay, let me go the other way on you. Okay

[00:28:11] So

[00:28:12] It wasn't too long ago. Microsoft themselves got jammed, right? Like their executive emails got hit

[00:28:19] Yeah, the argument is

[00:28:20] Is there too many eggs in one basket problem here? Right like

[00:28:24] Microsoft has all these security products you can get from them, right? Sentinel

[00:28:27] You know not to confuse your sentinel one, but they have something called Microsoft sentinel all this

[00:28:32] EDR technology all this security, right that they try and sell you as part of the 365 stack

[00:28:37] Didn't really help them for some reason because they got caught with their pants down

[00:28:41] How do you fight the well 14 modules a lot of stuff? Why would I want all of that in one place? Okay, so, um, you know

[00:28:49] Before we went to the module approach. We had what was called an all one product where we just had five things

[00:28:54] We had

[00:28:55] You know data governance

[00:28:57] endpoint email

[00:28:59] cloud apps and

[00:29:01] Wi-Fi, you know

[00:29:02] And when we had that theory because it's all based on ai learning

[00:29:06] So when you have different tools in there, so let's say you you have um

[00:29:10] And i'm not going to talk about the microsoft because there's this more siloed

[00:29:13] But the fact is, uh, you know all our things are talking to each other

[00:29:17] So if an email gets through it could be caught by the endpoint, you know

[00:29:21] So it's talking to each other and we're going to have more visibility

[00:29:26] Compared to managing five different tools that are just doing one task

[00:29:30] And then they're they can't catch on the other thing

[00:29:32] So with our platform is based on ai learning. So with all that in there

[00:29:37] You know, we can catch other stuff

[00:29:39] So you're almost better in one platform than bringing all over the place, you know

[00:29:43] One thing about office 365 and don't take i'm not an expert there

[00:29:47] But their products are very siloed, you know, so it takes a while

[00:29:51] To set it up. I mean the good thing about coral here is

[00:29:54] Um, I can get you launched in five minutes or less like we used to say, you know because we have

[00:30:01] um an api into um

[00:30:04] Um, microsoft and into google and then we also have one of our products

[00:30:09] I forget which is our gateway product

[00:30:11] Which allows us to do exchange and everything else for email

[00:30:15] And that type of stuff. So, you know, we can spend this up in a matter of minutes

[00:30:20] You know, and then the the end point is easy to deploy

[00:30:23] And that's the beauty of it just the ease and the fact that you could turn somebody on that fast

[00:30:29] And then what you'll find from your clients here, you know, it's a

[00:30:33] Land and expand. So let's say for example

[00:30:36] A lot of times

[00:30:38] The msp customer wants to be part of the platform. They want to have visibility into it, you know

[00:30:44] Well, they're going to see all these other modules in there and they're going to call you up and say

[00:30:47] Hey, well, I want this this this and this and so it's kind of a land and expand

[00:30:52] You start with coral and then you can expand and you know, you get that good experience

[00:30:57] Interesting. Is it really only five minutes? That's 14 different solutions in your style

[00:31:02] So to launch the basic thing like I can launch the email solution because of the api in there

[00:31:07] I could hit an end point out, but it really is just clicking a button and launching it in there

[00:31:11] So, um, you know to get an initial trial going like we'll probably put you on one of our bundles

[00:31:16] It has endpoint email and everything in it just so you can try it out and see how it works

[00:31:21] Launch that in five minutes. Maybe a couple minutes more to do the end point out

[00:31:25] But yes, it is that easy

[00:31:27] Wow, that's interesting. Um

[00:31:30] So obviously the champ the msp specific effort here is still really new er right to

[00:31:36] The company right because you guys are doing a lot of things all at once it sounds like

[00:31:40] um

[00:31:41] How far did you get into like integrations into the msp?

[00:31:46] Tools right? I know that's kind of a sticky topic that comes up often

[00:31:50] So right now with the psas we're integrated with connect wise

[00:31:53] We have that in there and we also have gradient who's integrated with a bunch of other people

[00:31:57] We're in the process of adding, you know auto task and the rest of them out there

[00:32:01] But you can't get there through gradient if you wanted to because they represent all of them

[00:32:06] But we do have connect wise done. I will be going down to um it nation

[00:32:11] Coming up here in in june. So we'll be there if anyone's

[00:32:15] Stopped by and see us. We'll be down there. Um, but so

[00:32:20] We do have that and we're going to have all the integrations. So we're working on that as we speak, but

[00:32:26] I'm done already

[00:32:27] So just to be clear, there's like 100 events underneath it nation

[00:32:31] You're talking about it nation secure which is coming up in june

[00:32:34] So guys are googling it it nation secure. I think they're still accepting people

[00:32:38] I think I just saw the other day that there's still you can still sign up if you want to go for your

[00:32:42] Interest of being on our land down june

[00:32:44] Um, check it out it nation secure just google it

[00:32:47] There is also it nation connect which is at the end of the year november, right? That's that's a bigger one too

[00:32:53] So I just want to make sure people you know are following the right path. Are you going to be at it nation secure?

[00:32:57] Which is great

[00:32:58] Uh, I've actually never been to an it nation secure for one reason or another but doesn't mean I won't make it there

[00:33:03] One day been to it nation connect. I guess since 2014. That's yeah, that's the one everybody usually

[00:33:09] Gathered around on but all good. Um

[00:33:11] And then one other thing is we do have a an api that we can connect into

[00:33:16] Almost anything so, you know, we've had some, you know tech partners put their product into ours

[00:33:22] You know a real good example of that is like this comply auto or

[00:33:26] They're out there dominating the um automotive space. That's really if you run into a coro's in the middle of that

[00:33:31] They put coral in there

[00:33:32] We integrated in with an api and you know, they're putting on hundreds of thousands of users in the automotive space

[00:33:39] So we can do that type of stuff out there as well. That's why we're looking to get into with carriers tech partners

[00:33:45] All kinds of angles out there. So wow, that's interesting

[00:33:50] um

[00:33:51] How many active msp's would you say you have on the program right now?

[00:33:57] 250 right around okay, and so you you got to 250 in what period of time?

[00:34:02] Um

[00:34:04] Well in about two years and I started with myself and a channel manager

[00:34:09] Now I have um three vps and 20 channel managers now

[00:34:14] Some of them are focused on the agent side and not the msp side. So we have two programs

[00:34:19] We're dealing with all the tsbs if everyone's familiar with those out there

[00:34:23] But really 70 percent of our revenues coming from

[00:34:27] Signing up msp's and we have channel managers who are you know signing up one to two a week

[00:34:32] That's cool. So you guys are definitely like head into it

[00:34:36] So but is there a direct sales force as part of coro's strategy?

[00:34:41] And and and if there is how does that in the channel program?

[00:34:44] Okay, so why it's interesting when I first got there

[00:34:48] We were going to be 20 of the revenue but due to the success in the channel which I'm a

[00:34:53] I'm a channel veteran who just loves the channel. I think it's the only way you should sell but so

[00:34:58] We're 85 of the revenue now. We do have two small sales teams

[00:35:05] They also help out with our larger

[00:35:07] Committed partners to help them sell into their base, but we do have two small sales teams

[00:35:13] We've had no conflicts so far

[00:35:15] We're very generous like if an agent has an opportunity and our direct us

[00:35:19] You know, we do a split there if we have an msp

[00:35:23] Um, it's funny. I ended up getting msp's from some of our direct deals because

[00:35:27] The customer says oh, I want to be with this blue equinox or someone like that. They're one of our partners

[00:35:32] We um, you know, we roll them over and work together. So it's

[00:35:37] We work more together than we do against each other and it's not this doggy dog cutthroat between direct and channel

[00:35:44] This company is a channel focused company and that's what we're going to be

[00:35:49] I wish everybody had that story tom. I unfortunately it doesn't always turn out to be the case

[00:35:53] But I love to hear that early in your journey

[00:35:55] The the revenue split shifted

[00:35:59] Well, I told him it would the ceo didn't believe me now he's a believer

[00:36:03] So we're doing great and you know, we like I said, we put a lot of resources behind it

[00:36:08] And we keep adding more resources every day

[00:36:11] And those are resources that you know all these msp partners are being fanaged up

[00:36:15] And that's one of the reasons why we're growing so fast. No, I mean listen enablements

[00:36:20] Award that's been thrown around for years, right? I mean, you're right sales and marketing for a lot of msp's is not great

[00:36:26] If anything they're outsourcing it and you know, maybe the content they get back from the other side isn't super

[00:36:32] um, the fact that you're building a marketing plan at the msp level

[00:36:37] Is definitely unique and if you're handling that mostly in-house. I mean, I would say most channel companies don't have

[00:36:44] Anything in place to handle that at scale, right? They'll talk about assets and you know things like that

[00:36:49] But like from uh, hey, let's meet with you your team. What do you need? What can we give you to get going?

[00:36:54] You know, it's really canned rather than hey, let's build a program with you to make you successful

[00:36:58] So yeah, and we have both we have a nice portal out there

[00:37:02] That they can get all those marketing assets. They can do their campaigns from it

[00:37:06] They can do social media

[00:37:08] But then we also have a partnering marketing manager to guide them by putting a plan together

[00:37:13] We'll do some events, you know

[00:37:15] webinars all that type of stuff and the newest thing that's going to be rolling out here very soon is we're going to have

[00:37:20] Certifications for all of our partners. Um, which is really great. It's going to be, you know

[00:37:26] Look if you're just coming on as a small partner, you got to hit these three certifications

[00:37:30] If you're going to do a lot, we want to make sure you understand no coral all that type of stuff

[00:37:34] And you know, we're going to have it live and on demand all in our portal for people to access out there

[00:37:41] That's awesome. So you know, you mentioned one thing that I'm going to kind of roll into the concept of

[00:37:45] You know, you said events marketing and all this whatever

[00:37:48] So how do you is it defined right now with 250 partners? Is there a definitive mdf program where you have to

[00:37:56] Qualify in order to get to those resources or how does it work?

[00:38:00] Okay, like we'll give you some of the resources, you know, like just to help you outcome of the marketing plan

[00:38:05] You're technically enabled. So right when you sign up, you get what's called a PIM

[00:38:09] A partner enablement manager and they hook you up with our assets. Okay. Um, do you need some help?

[00:38:15] Sales help, you know, let us explain the product. Um, we we get you technically enabled

[00:38:19] So your team knows how to put people on even though it's easy and stuff like that

[00:38:23] We want to make sure they know how to do it and then we have the marketing the introduction

[00:38:27] Some people want to some people don't but then as you go up levels from 250 to 500, you know, we run about

[00:38:33] On a 10 mdf so we can do that and you can earn it as you move up the ladder and

[00:38:40] You know, you can pick what you want to do. We'll help host it or create the invites and all that type of stuff

[00:38:46] So yes, we do have an mdf defined program

[00:38:49] And then we really even increased that with some of our larger committed partners

[00:38:54] Who really come all in on us? These are like the large msp's that

[00:38:58] Can see through the um, you know see through the trees to the forest and they want to jump all in with us

[00:39:03] Which we've had some success with that

[00:39:06] so

[00:39:08] Not to get too tangled into the terminology but

[00:39:12] Are you targeting mssp's managed service security providers separately?

[00:39:18] Are they would they be considered more of your strategic targets than the standard msp or it service provider?

[00:39:24] Do you delineate between the two?

[00:39:26] Yeah, I do so

[00:39:27] I have one team

[00:39:28] Which is my strategic team that's focused on we do it to make it easy on our thing

[00:39:32] We do it revenue wise. So like seven million and above we're going to have that conversation

[00:39:37] But if they just want to start down, you know with a smaller pack to try us out, that's fine

[00:39:42] You know, but we put our team after that everything else is done with our standard channel team

[00:39:47] And um, and so that's how we kind of divide it right now

[00:39:51] Um as far as you know, I got some veterans who've been in the industry who know that you know know it really well

[00:39:57] And then all my msp sales people have come from a cyber security or msp background

[00:40:02] So they understand what's out there. You know how to how to talk and help people out and come up with the right plan

[00:40:09] interesting, um

[00:40:12] And so just want to recap to like the beginning part of this call

[00:40:15] There is a month-to-month option. So if you don't want to get into a long-term thing, you don't have to

[00:40:20] But it sounds like there are options for term things if you wanted to go into and I'm sure the pricing then changes, right?

[00:40:26] Yeah, it goes up. So like, you know, and really

[00:40:29] You know, I you know right now the the first level is just 75, you know

[00:40:33] And you're talking something that's you know at that 75 level it might be two dollars a unit

[00:40:38] It's not a big financial commitment

[00:40:40] You know, hopefully what you've done is you came on you tested the product you put a customer on you already got that

[00:40:46] 75 on and you're good to go

[00:40:47] That's what we want to do and we want to have you get that 75 on in a 30-day period

[00:40:52] So we want you to you know find the customer and maybe you don't sign till you have a customer

[00:40:57] You know what I mean that wants to do it

[00:40:58] But you still have gone through the trial you've gotten the technology when your engineers like what we're doing

[00:41:04] And so, you know, that's how we kind of go through the sales process

[00:41:07] You know, we have a lot of bdrs who typically schedule an appointment for one of my channel managers

[00:41:12] They come on and do basic discovery

[00:41:14] You know, just so they understand your business and see if we're a fit or not

[00:41:18] And then if we are we typically um, you know set them up

[00:41:23] On a some type of trial that they can do internally or with a customer or whatever they want to do

[00:41:28] And it's a proof of concept

[00:41:30] We also offer

[00:41:32] Internal use licenses at a discounted price. I'll get into that and we also offer

[00:41:37] NFR licenses

[00:41:37] So we typically give you five licenses that you can play with do demos with do all that type of stuff

[00:41:43] That's for free

[00:41:44] But if you want to somehow protect your own your own msp with us

[00:41:48] You know, we would give you like an internal use license for like a dollar for all your employees

[00:41:52] So we have programs like that out there because we like

[00:41:55] You know, you want people if they're going to be selling it know it

[00:41:58] They should be using it themselves or at least have that demo account to know so they you know, feel good about it

[00:42:05] Okay, so that's interesting. I I usually don't run into hey

[00:42:09] We have NFR and then we also have internal use at a discount right?

[00:42:12] So like usually it's one of the other you so you basically you're like, hey, we'll give you five right like that's like

[00:42:18] Yeah, that's for demos and stuff like that. Yeah, so okay, and then the internal use license

[00:42:22] You know and some people like say hey, I want to put my whole company on for a couple months

[00:42:26] All right, you know, well the first 30 days is free

[00:42:29] Um and so for everybody but if they want to keep it on, you know

[00:42:33] We could do something like on month-to-month and that internal use until they want to use it

[00:42:38] You know, we find out people want both, you know, especially the smaller msp's. They go. Hey

[00:42:42] I want it for all my people and I found out that

[00:42:46] Just for legal reasons if you're going to use it to protect your msp

[00:42:50] We need to charge you for it because if something does happen

[00:42:54] You know, no no tools perfect out there then, you know

[00:42:59] Everyone's covered legally and stuff because of dude. You're oh, I just signed up for a free license

[00:43:04] You know, I protected my whole company with a free license give me back Cora, you know

[00:43:08] So we don't want that. No, I mean listen you're proud of some truth to that

[00:43:12] Have you I know this is becoming kind of a newer trend

[00:43:17] That some of these cyber security platforms are going directly to the insurance companies that are doing the cyber policies

[00:43:24] And getting on their like

[00:43:26] Approved list is that in the works?

[00:43:29] Yeah, we've already um, we're working with a couple firms now. Um

[00:43:33] that

[00:43:35] Are hooked up with um, they're our clients and they're hooked up with insurance companies and

[00:43:40] You know, we've been approved by that to be put on we'll work with any insurance company to get that approval

[00:43:45] We have several msp's who brought us into that

[00:43:48] Um

[00:43:49] And so a lot of insurance companies out there now if the if the msp's and get in there

[00:43:54] They'll pay you to to protect them, you know, so I've seen some insurance companies that are working with partners

[00:44:01] and um, you know, they um

[00:44:04] Pay them to do some some like pen testing and stuff like that or whatever

[00:44:08] So they make sure that you know what they're ensuring is insured. I mean, yeah

[00:44:13] Speaking of insurance, it's a big topic out there. You know, I would say, you know

[00:44:17] A lot of msp's are are selling cyber insurance and right now what's happening out there in the industry

[00:44:24] um only um, I think it's um

[00:44:26] They don't pay on close to 30 of the claims and this is the insurance companies

[00:44:31] And the reason they do that is because some guy might just check a box and say, oh, yeah

[00:44:36] We have all the stuff and then when you get hacked they go in to make sure that stuff was all there and turned on

[00:44:41] Right and so they you know insurance companies you think they're there to pay you

[00:44:45] They don't know they're they're not to pay you, you know, if they can't because that's in the policy

[00:44:50] So you find out that um, you know, and a lot of people rely on their msp like hey

[00:44:56] Here's my insurance document, you know, and so what we'll do here

[00:45:00] At coro if they msp sends it to me. I'll say okay. We can handle these six

[00:45:05] You got to go handle the other ones to make sure you complete that checklist

[00:45:09] Because you know, you don't want to be if if they have cyber security and you're there msp

[00:45:14] And then the insurance company says you didn't check all the boxes

[00:45:18] Uh, that can be trouble

[00:45:19] Yeah, definitely. What isn't a good fit for you?

[00:45:24] Well, I mean some of the things we're not doing right now. We're not doing awareness

[00:45:28] Um, you know, um, we don't do any pen testing and that type of stuff

[00:45:32] You know, we are a cloud based platform even though we do have the email for exchange and stuff

[00:45:38] It's mainly, you know all cloud based and stuff. So, um, you know, we're not doing some of that stuff

[00:45:43] We're not doing any on-prem anything like that. Um, it's all cloud based

[00:45:49] You know a cyber security stack, which I talked about

[00:45:53] But the other stuff that we do not do at this moment, but we're always looking

[00:45:58] For people who fit are what we call kind of our company

[00:46:04] Um

[00:46:05] Plan as you know, it's got to be simple and affordable and easy for the smb and middle market, you know

[00:46:12] If it's not that, you know, look threat lockers are a great company, but it's not easy

[00:46:16] You know what I mean and stuff like that. So, you know, even though

[00:46:20] You know, we have all these modules in there. They're very easy and that's where our our, um, you know, brand is we want to be

[00:46:28] easy

[00:46:29] To work with, you know a product that's easy that's can handle by tier one tech, you know

[00:46:35] And really I look at the whole industry out there. Um, and this is what's happening. It's consolidation

[00:46:41] I mean right now you see I've had a slide in one of my presentations

[00:46:45] Well, there's like 500 cyber security companies out there and it blows people's mind. What do they do?

[00:46:51] So that's why they come to this, you know, the msp like help me out

[00:46:54] You know, you're you're my I don't know this stuff. That's what that's what keeps the msp and business and job security

[00:47:01] Is cyber security? I mean, you know, it's really helped because you know, they can't do it on their own

[00:47:05] I got companies that uh, I've seen that have 500 or 1000 employees and I got like four it guys

[00:47:11] I mean and they're just they're drowning. So

[00:47:14] Well, I mean to some degree right I some msp is trying to oversubscribe their people too, right

[00:47:20] They try and hope automation saves them but

[00:47:23] On a bad day, right? If all their customers got hit at once, you know, what I'm hitting wood here

[00:47:28] It's a bad day for them too. But I get what you're saying

[00:47:31] um, any plans at distribution relationships is that in the works? Oh 100 we planted in this year

[00:47:39] We're already talking to uh several of them right now

[00:47:43] And um, you know, we are ready for that right now to get into distribution

[00:47:48] We will be doing that and um the 100 so yes, all right, so we'll stay tuned on that

[00:47:53] And then you know, we already know you're gonna be at it nation secure anything else in your kind of msp event schedule for the year

[00:48:01] Yeah, um, I don't have top of my head. We were just at your um show uh last week so

[00:48:07] Thanks, marvin

[00:48:08] Um, and we plan on going to the um the packs aid show. We're gonna go to the the other channel partner show

[00:48:16] Um and hit the ones in the fall. I just have it locked in on those but we should be hitting most of the shows

[00:48:23] Um, we're at casay right now in vegas. I got three people out there

[00:48:27] So, you know the name corals

[00:48:30] I was getting text messages about all the big announcements from casay the ones that were so big

[00:48:35] They're gonna make the data acquisition be ginorm. Yeah, no are walking the park this in

[00:48:40] So we um, you know, we're always looking for to add to this platform, you know something

[00:48:46] You know like an awareness or something like that, but we got to find the right partner

[00:48:49] And we're you know looking to continue to build it out

[00:48:53] Um, and you know, you'll see us at as many shows as you can

[00:48:56] We're one of the big things we want to do is get that brand name out there this year

[00:49:01] So, you know, it is wouldn't I hear about us? It is the

[00:49:06] The uh, you know coro

[00:49:09] People have seen us. They know us and then we've gotten a ton of rewards from g2

[00:49:14] And we'll work with the gardener to get you know into the right spot there

[00:49:18] But um, you know the awards that we got in g2 comes from customers using it or msp is using it, you know

[00:49:25] And so um that shows you that it's a good product. It works makes people simple and it kind of

[00:49:31] Makes cyber security a little simple. Look, I come from a telecom background and look at you quiz me about

[00:49:37] Cyber security, you know, I think I did all right

[00:49:40] No, you didn't. I mean

[00:49:41] You definitely tom came like like I said, I tell everybody comes on to these shows

[00:49:46] I'm not gonna have you prepare for one thing because if you don't already know it, you're in trouble

[00:49:49] So you came you came with everything in here, which is great

[00:49:53] I think a lot of msp's

[00:49:55] You know and again you got to 250 so that's awesome in the two years, which is pretty good actually

[00:50:00] um, a lot of msp's tend to like

[00:50:03] Sit back me let other people, you know kind of play play the first round of

[00:50:08] Interaction and then also

[00:50:10] Hey, you're gonna be around right a lot of companies come in and then they don't stay and then they go back

[00:50:15] Especially ones that come downstream from enterprise, you know, so

[00:50:19] You know, there's been a long history of just a little bit of a roller coaster through msp land

[00:50:24] um, the other thing is

[00:50:26] Does it work? Right? I think a lot of msp's necessarily depending on size, right mileage varies, but

[00:50:32] Do they have the time to adopt it on board new vendors as frequently as they enter the marketplace? Probably not

[00:50:38] Uh, so they kind of lean on other people in the sandbox to do some of the due diligence first and give it a go

[00:50:43] So that by the time they come to it

[00:50:46] I guess it's proven this idea

[00:50:48] um

[00:50:49] But I mean you guys are really new

[00:50:51] I'm just got to be honest like I get that a lot of the techs coming out of israel

[00:50:55] But like you have 14 categories of things

[00:50:59] for a newish company that's

[00:51:01] Well, we did we we bought a sassy company. So and that was a year ago. So

[00:51:06] We acquired a sassy company that was at homegrown sassy

[00:51:10] It's a the company that we acquired is very similar to like a total

[00:51:15] Uh, or a primer 81 very similar to that. So we acquired that and uh, it's funny like a you know two years ago

[00:51:23] Our ceo probably would say like hey, this is all in one. That's all we're gonna do

[00:51:28] But the all in one was great

[00:51:30] For a lot of people but some people like no, I really love my endpoint, you know, I want your other stuff

[00:51:35] So we we launched um, you know back in september the modular approach and that's when we put the sassy product in there

[00:51:42] And so

[00:51:43] And that's how we came up out with all the stuff because the other stuff we we'd had for years

[00:51:47] In our all-in-one, you know based on the ai learning and all that type of stuff. So

[00:51:52] So we just expanded on that again, you know because of

[00:51:56] Our growth we've had 300 growth year to year to year

[00:52:00] And that's why two things they look at in and you know these investors, you know

[00:52:06] A unique spot in the marketplace like I said everything was built for the enterprise

[00:52:12] We built it for and with hind, you know with vision out there for the um, s and b and middle market

[00:52:19] Which is what let me so let me ask that question. Let me just define that real quick

[00:52:23] Smallest end customer you can see on the platform and where do you think it tops out at?

[00:52:29] Like what's that right?

[00:52:30] I would say, you know, like we're not doing a lot of enterprise customers, you know

[00:52:35] We look at uh people who have two two thousand users and below is probably, you know where we are

[00:52:41] um, you know, I think our

[00:52:42] Our wheelhouse the most I see a lot of them coming on and I don't have the exact averages

[00:52:47] But you know anywhere from 50 to 75 to 200 to 250, you know those type of customers

[00:52:53] That's really what a lot of msp's are managing those type type customers out there

[00:52:58] And then we got some who have you know

[00:53:01] Have four users and they put them on, you know what I mean? So like, you know, it's it's all all of the board

[00:53:07] Well, I mean listen, that's why I asked that question right because like

[00:53:10] Every msp, you know, of course when they start right they'll take anything and then as they grow

[00:53:14] They decide what's a good customer or it's a bad customer, but you do have people that have

[00:53:18] Four five six ten person accounts and then all of a sudden there's a 200 person account by managed by the same msp, right?

[00:53:23] It's all over the board

[00:53:25] Um, but it's good that you can go all the way downstream

[00:53:28] I mean so that I guess the idea is that I should you know if I can keep all of my different size customers in one platform

[00:53:33] I don't have to diversify multiple vendors in the same space

[00:53:37] Yep, correct your percent. Okay. Very good

[00:53:40] Tom, where do people find out more information about the coro msp program?

[00:53:45] They want to talk to someone maybe see something. What's the best place?

[00:53:48] All right, I would say you know like

[00:53:50] Um our website you can go to our website, which is coral net. Okay, c o r o

[00:53:56] Dot net and there's a lot of information on there about our product and stuff and there's a page

[00:54:01] You can find to say request a demo and stuff like that

[00:54:04] um, you know people um can reach out um to

[00:54:08] Myself i'm tom dot turner at coro dot net and I will get you to the appropriate people

[00:54:14] um, so it's probably the two best ways to get a hold of us or you know

[00:54:17] As you go to the shows come by the coral booth, you know learn some more out there

[00:54:21] We're out there and you know and then if you get a phone call from coral pick it up because you know

[00:54:27] We're reaching out to all these, you know

[00:54:31] We have a large reach out there with our bdrs, you know calling up and you know booking a demo just check us out

[00:54:36] You'll love it. It's a whole new approach. It can save you

[00:54:40] Time and money and make sure all your customers are secure

[00:54:44] um

[00:54:44] You know like our ceo once said like you know with these 14 modules

[00:54:48] You can almost make yourself an instant mssp now. I'm not a complete

[00:54:51] You know that could be there's something like that

[00:54:54] But it does it's kind of kind of cool to have it all in place and um, you know

[00:54:59] I always tell people, you know if you're not with us now you're going to be against us so

[00:55:04] let's uh

[00:55:05] Let's go down that path. I love the confidence. I really do. That's awesome

[00:55:10] Hey, you know, we all learned something new about the company today. Tom. Thanks for coming on

[00:55:14] I'm definitely gonna pay a little bit closer attention. I want to go figure out what the additional parts of the 14 are

[00:55:20] But i'm sure they're on port on that. Yeah, um, just again

[00:55:23] I can't stress enough the fact that you have 14 different categories covered under one one stack is

[00:55:30] Pretty strong

[00:55:31] Yeah, we look at it. It's like it's now the the future is consolidation, but it's a platform

[00:55:36] You know, it just it doesn't work anymore to have five or six tools you got to manage out there

[00:55:41] You know, you got you pay your people too much. It's too confusing. They don't talk to each other

[00:55:47] Um, you know, we want to make it simple make cybersecurity simple

[00:55:51] Fair all right, Tom. Well, thanks for jumping on we recorded this session

[00:55:55] We're gonna send it out, you know on the speeds and feeds

[00:55:58] But everybody that was actually tuning in today

[00:56:01] This session will be on mspinitiative.com under sessions will be on all the pod catchers the youtube page

[00:56:06] We'll actually send it out later on this week to you know

[00:56:09] The normal newsletter that goes out with all these sessions tagged on it

[00:56:11] Check out core.net sounds like we're gonna see these guys on the road a lot

[00:56:15] You know, I know everybody's busy. What do you got to lose?

[00:56:18] Sounds like it's a whole different packaging and offering so if nothing other then

[00:56:22] Pay attention to what's happening out there right so you know what's coming down the pipe

[00:56:26] All right, thank you so much for your time today. Thanks for having me on

[00:56:29] I really appreciate it. Look forward to working with you guys in the pet in the future. You got it. Have a good one. Thanks everyone. See you