Annual recurring income from cloud-native Checkmarx One platform tripled 12 months over 12 months as firm scans over a billion strains of code monthly and builds sturdy know-how companion ecosystem
PARAMUS, N.J. – FEBRUARY 22, 2024 – Checkmarx, the chief in cloud-native software safety, has introduced important progress and momentum throughout 2023, together with a greater than 200% improve in annual recurring income from its enterprise software safety platform Checkmarx One. As one of many pioneers of software safety that’s persevering with to innovate within the age of generative AI and digital transformation, the corporate’s progress is fueled by the necessity for immediately’s enterprise and huge public-sector organizations to safe their complete software footprints.
Checkmarx’ accelerated progress price displays the numerous upsurge in software improvement, with the marketplace for merchandise that assist DevSecOps (improvement, safety and operations) practices anticipated to develop to $13.8 billion in 2027. 1 Additional, as the corporate’s personal safety analysis crew has illustrated, dangers referring to using open supply software program as a part of the software program provide chain have risen dramatically.
In the course of the previous 12 months of speedy progress, Checkmarx added greater than 300 new prospects to its roster. In the present day the corporate serves 60% of the Fortune 500 and half of the Fortune 50. Enterprise demand for Checkmarx’ complete software safety options led to the addition of latest workers in numerous areas served by the corporate, which incorporates the Americas, EMEA and APAC.
“As application security risk continues to rise, the world’s biggest enterprises and public-sector organizations demand a comprehensive, cloud-native solution to secure their entire application footprints,” mentioned Sandeep Johri, CEO at Checkmarx. “Day by day, minute by minute, these mission-critical applications support every aspect of our daily lives, so the security of their operations and our data depends on robust, code-to-cloud application security. That’s what we’re delivering with Checkmarx One.”
Enterprise highlights from 2023 embrace:
- Grew annual recurring income from the cloud-native Checkmarx One platform greater than 200% 12 months over 12 months
- Supported greater than 50 instances progress in strains of code scanned month-to-month to 100 billion monthly
- Tracked over 80% of scans utilizing a number of Checkmarx One engines
- Reached 3,000,000 obtain milestone for KICS (Holding Infrastructure as Code Safe)
- Found and uncovered the first-known software program provide chain assaults aimed on the banking and finance trade
- Helped discovered the Open Supply Safety Basis (OpenSSF) Malicious Packages Repository
- Carried out 137 AppSec Program Methodology and Evaluation (APMA) consultations worldwide
- Launched trade’s first answer for securing GenAI-generated code, CheckAI
- Launched Codebashing 2.0 and the Checkmarx Safety Champion certificates for builders
- Delivered model 3.0 of the AI-powered Checkmarx One platform, increasing vital software program provide chain safety capabilities
- Launched Fusion 2.0 with groundbreaking Software Danger Administration answer to correlate AppSec threat
- Added 30 new companions to Checkmarx Know-how Companion Program
- Constructed channel companion community to over 250 companions worldwide
- Accomplished integration with Sysdig for code-to-cloud software safety for containers
- Built-in with ServiceNow to allow prioritization and remediation of vulnerabilities discovered by Checkmarx One inside the ServiceNow Vulnerability Dashboard.
- Named a Chief for the sixth consecutive 12 months within the 2023 Gartner® Magic Quadrant™ for Software Safety Testing 2
- Positioned as a “Leader” in The Forrester Wave™: Static Software Safety Testing, Q3 2023 3
- Acknowledged as a 2023 Gartner® Peer Insights™ Prospects’ Selection for Software Safety Testing for the fifth 12 months in a row 4
- Gained a DEVIES Award within the DevSecOps class for Checkmarx One
Checkmarx is seamlessly built-in with all kinds of know-how companions’ safety options
To comply with experiences from the Checkmarx safety analysis crew, go to the weblog. For extra details about Checkmarx, please go to this web page.
1 Supply: IDC, Worldwide DevSecOps Software program Instruments Forecast, 2023-2027, Doc #US50137923, August 22, 2023.
2 Supply: Gartner, Magic Quadrant for Software Safety Testing, Mark Horvath, Dale Gardner, Manjunath Bhat, Ravisha Chugh, Angela Zhao, Might 17, 2023.
3 Supply: The Forrester Wave™: Static Software Safety Testing, Q3 2023, Forrester Analysis, Inc.
4 Supply Gartner, Voice of the Buyer for Software Safety Testing, Peer Contributors, 28 November 2023.
About Checkmarx
Checkmarx is the chief in software safety and ensures that enterprises worldwide can safe their software improvement from code to cloud. The corporate’s consolidated Checkmarx One platform and companies tackle the wants of enterprises by enhancing safety and decreasing TCO, whereas concurrently constructing belief between AppSec, builders, and CISOs. Checkmarx believes it’s not nearly discovering threat however remediating it throughout the complete software footprint and software program provide chain with one seamless course of for all related stakeholders. The corporate is honored to serve greater than 1,800 prospects, which incorporates 60 p.c of all Fortune 100 corporations.
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Media Contacts
Katie Brookes
Merritt Group for Checkmarx
