TEL AVIV, Israel--(BUSINESS WIRE)--Checkmarx, a leading developer of static code analysis solutions which identify software security vulnerabilities, has been ranked the #1 fastest growing security company in the Israel Deloitte Technology Fast 50 for 2014 – one of Israel’s foremost technology awards. Checkmarx’s outstanding 1286% growth rate over the last five years positions the company as the 15th fastest growing technology company overall in Israel.
The awards recognize extraordinary growth driven by technology innovation. To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2010-2014) then calculated and compared the revenue growth percentages. As part of the award, Checkmarx is automatically entered into the Deloitte Technology Fast 500 EMEA: a ranking of the 500 fastest-growing technology companies in Europe, the Middle East and Africa over the last five years.
Checkmarx is a creator of software solutions that secure mobile and web applications during the development process. Checkmarx scans software source-code, quickly identifying security vulnerabilities and regulatory compliance issues, and immediately shows developers and security auditors where and how to fix them.
“We are thrilled to be ranked as the fastest growing security company in Israel,” said Asaph Shulman, VP Marketing at Checkmarx. “Being ranked as a Fast 50 Company is the result of many years of hard work and innovation by our team, and is a testament to the impact of Checkmarx’s technology. It is confirmation that our technology is not only groundbreaking, but recognized as integral for securing applications that contain the personal information of millions of people.”
“As the popularity of mobile and web applications rises, it is more urgent than ever to ensure consumer privacy and security. The best way to do this is by checking for vulnerabilities as the app is developed, before any consumer information is put at risk,” he continued.
“Achieving sustained revenue growth of 1286% over five years is a fantastic achievement for a technology company operating in a competitive global economy,” said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. Checkmarx deserves great recognition for its outstanding growth, and we congratulate them for it."
About Checkmarx – http://www.checkmarx.com
Checkmarx is a leading developer of software solutions used to identify security vulnerabilities in web and mobile applications. It provides an easy and effective way for organizations to introduce security into their Software Development Lifecycle (SDLC) which systematically eliminates software risk. The company's customers include 4 of the world's top 10 software vendors and many Fortune 500 and government organizations, including Samsung, Salesforce and the US Army.