N-able (NABL) gains hedge fund backing after launching Shadow AI Visibility to monitor unauthorized AI usage across enterprise platforms.
N-able Inc. (NYSE:NABL) introduced Shadow AI Visibility on June 23, enabling organizations to track and manage unauthorized AI tool usage without additional infrastructure. The tool provides identity-attributed insights into AI application usage across endpoints, addressing security and compliance gaps for IT teams.
The launch follows N-able’s announcement of its Empower 2027 customer conference, set for September 20–22, 2027, in Scottsdale, Arizona. The event will focus on cybersecurity, automation, and AI, with a global regional series starting in June 2026 to expand accessibility for IT professionals and managed service providers.
Hedge funds have identified N-able as a top value penny stock, citing its AI-driven security solutions and growth initiatives. The company aims to strengthen peer collaboration and deliver actionable business strategies through its expanded event offerings.