Checkmarx Closes 1H 2018 with Record Customer and Revenue Growth

Leader in Application Security Testing Continues to Redefine
Security’s Role in the Software Development Lifecycle

LAS VEGAS & RAMAT GAN, Israel (BUSINESS WIRE) Checkmarx ,

the Software Exposure Platform for the enterprise, today announced that

it closed 1H 2018 with record growth, including a 68% increase in

year-over-year revenue. Checkmarx’s performance parallels the

application security market, which

accounted

, and is expected to sustain double-digit

growth from 2017 to 2022.

Checkmarx’s differentiated Software Exposure platform includes

Codebashing (Secure Coding Education), CxSAST (Static Application

Security Testing), CxOSA (Open Source Analysis), and CxIAST (Interactive

Application Security Testing), all of which contribute to empowering

organizations to deliver secure software faster.

1H Business Highlights Include :

Achieved a 68% increase in year-over-year revenue Grew employee base to more than 400 Made

impactful

hires

in executive leadership, including appointing Bernd Leger as
CMO Named a Leader in

Gartner’s

2018 Magic Quadrant for Application Security Testing

Completed a SOC2 Type 2 audit, certified by EY, expanding on its
third-party certifications that also includes ISO 27001:2013 Launched its new Checkmarx Certified Engineer program for partners and
customers Received numerous industry accolades, including being ranked number 37
on the annual Cybersecurity 500 and JMP Securities Super 70, while
also winning an InfoSec Award and Devies Award

Checkmarx’s research team also contributed to the company’s success over

the past few months, discovering

a flaw in Amazon’s Alexa that enables the digital assistant to listen in

on its users indefinitely, and identifying

a

vulnerability in Tinder

that put users’ privacy at risk.

“We’ve had an exciting year so far with increased adoption of our

application security testing portfolio, and as we enter the second half

of the year, we’re looking forward to continuing to prioritize the needs

of our customers to deliver secure software faster,” said Emmanuel

Benzaquen, CEO of Checkmarx. “More than 30% of attacks target the

application layer, but Checkmarx’s approach to application security not

only minimizes software risk by ensuring the code written for an

application does what it was built to do, it delivers security at the

speed of DevOps and the business.”

To learn more about the Checkmarx platform, or to request a demo, visit

the Checkmarx website .

The company will also be at Black Hat USA 2018 at booth #1202. Learn

more about its presence at the conference here .

About Checkmarx

Checkmarx is the Software Exposure Platform

for the enterprise. Over 1,400 organizations around the globe rely on

Checkmarx to measure and manage software risk at the speed of DevOps.

Checkmarx serves five of the world’s top 10 software vendors, four of

the top American banks, and many government organizations and Fortune

500 enterprises, including SAP, Samsung, and Salesforce.com. Learn more

at Checkmarx.com.

Contacts

InkHouse for Checkmarx

Tracey Workman

Tracey@inkhouse.com

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