Checkmarx Completes New Funding Round

Funding Rounds

Summary

Checkmarx Ltd., a Tel-Aviv, Israel, and NYC.based provider of static application security testing (SAST) solutions, has completed a new round of funding of undisclosed amount.The company intends to use the funds to bolster product development and expand sales and marketing efforts to promote its cloud-based source code scanning service.Addressing the security and quality of software applications has always been an issue for enterprises.The proliferation of cloud, mobile and social networking has made security a paramount concern to platform providers and their users.Led by CEO Emmanuel Benzaquen, Checkmarx provides solution designed to enable customers to track throughout their Software Development Lifecycle (SDLC) whether their application code is following internal or external compliance requirements or is in accordance with the developing and hosting platform guidelines.

$ Funding

$
Amount - Total raised
Date October 10, 2011 Announcement date
Investors Salesforce Ventures, Ofer Hi Tech, Checkmarx Lead investors
Company http://www.checkmarx.com Funded company

Classifications

industries
Fintech & Banking
applications
ERP & Process Management

AskAI Classifications

Labels
SaaS CRM Software Enterprise Software

Linked Companies

Salesforce
$1B+
Checkmarx Ltd.
$100M to $250M