First quarter results show 23 percent year-over-year bookings growth
Burlington, Mass – Apr 08, 2013 – Klocwork Inc, the global leader in automated source code analysis (SCA) solutions for developing more secure software, today announced record bookings for the quarter ending March 31, 2013. The company posted a 23 percent growth in bookings compared to the same quarter in 2012. Strong performance from international markets, particularly EMEA, contributed to these results.
“Software development teams continue to make code security a top priority and they’re turning to Klocwork as a leading vendor in this space to help them address that need,” said Mike Laginski, Chief Executive Officer, Klocwork. “Market demand coupled with our tool set that integrates seamlessly into the individual developer’s personal workflow are the key drivers behind our continued success.”
In addition to strong Q1 results, Klocwork was recognized by the Eclipse Foundation in their annual Community Awards program which highlights top individuals, projects and technologies within the Eclipse ecosystem. Available as a plug-in for the Eclipse IDE which allows developers to detect critical coding issues right at their desktop, Klocwork Insight™ was selected by a panel of judges as one of three finalists in the Best Developer Tool category.
In its continued effort to help developers write the most secure code possible, Klocwork also expanded its free, online Secure Coding Learning Center. Working in conjunction with Security Innovation, the latest release of eLearning courses are focused on addressing Common Weakness Enumeration (CWE™) issues, as defined by The MITRE Corporation. New courses look at improper validation of array index, insecure temporary files and injection vulnerabilities.
Klocwork helps developers create more secure software. Our tools analyze source code on-the-fly, simplify peer code reviews, and extend the life of complex software. Over 1000 customers, including the biggest brands in the mobile device, consumer electronics, medical technologies, telecom, automotive, military and aerospace sectors, have made Klocwork part of their software development process. Tens of thousands of software developers, architects, and development managers rely on our tools every day to improve their productivity while creating better software.