Company posts global year-over-year bookings growth of more than 60 percent
Burlington, Mass — Oct 12, 2011 — Klocwork, Inc, the global leader in automated source code analysis solutions for improving developer productivity, today announced it achieved strong bookings growth for the quarter ending September 30, 2011. The company posted a 62 percent growth in bookings compared to Q3 2010. Additionally, year-over-year bookings from the company’s network of international reseller partners grew by 69 percent..
"Increasingly, software security and reliability are being adopted as ‘must deliver’ requirements by agile software development teams," said Mike Laginski, chief executive officer, Klocwork. "The fit between our tools and the needs of a global professional development marketplace are driving real success for Klocwork."
To support its growth internationally, the company continues to expand its network of international sales and services partners, adding three new reseller and services partners last quarter. Italsoft, an Italian provider of software solutions for the embedded market; Tektrosoft, a Turkish firm focused on bringing productivity solutions to software teams; and Korea-based software consulting and development services company MOU Interactive, joined the roster of Klocwork partners committed to meeting the needs of Klocwork’s international customers.
"Adding Klocwork Insight to our product portfolio allows us to bring leading edge static analysis technology to our customers," said Sang Hoon Han, Director, Solution Business Department, MOU Interactive. "They will benefit greatly from the tool’s ability to identify critical security vulnerabilities and reliability issues in their source code."
Klocwork helps developers create more secure and reliable 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, military and aerospace sectors, have made Klocwork part of their software development process. Thousands of software developers, architects, and development managers rely on our tools everyday to improve their productivity while creating better software.