Bookings growth from all channels and geographies fuels continued momentum
BURLINGTON, Mass. — Apr 06, 2010 — Klocwork, Inc., the global leader in automated source code analysis (SCA) solutions for improving developer productivity, today announced it achieved strong quarterly bookings growth for the quarter ending March 31, 2010. The company achieved a more than 28 percent growth in bookings as compared to Q1 2009. The growth was across all channels and geographies with more than 60 percent of bookings from new customers who decided to make Klocwork part of their development process.
Klocwork has been a pioneer in SCA solutions and its flagship product, Klocwork Insight, provides static analysis for C, C++, C# and Java. The company recently introduced Klocwork Insight Pro which offers collaborative code review and automated refactoring tools along with its proven static analysis capabilities.
"All the key business indicators are pointing in the right direction for us – bookings growth, new customer growth, and a healthy distribution of the business across all channels," said Mike Laginski, CEO, Klocwork. "We’re optimistic that 2010 will be another great year for Klocwork and we’re excited about the future."
Klocwork’s tools are used by software development teams in diverse industries such as medical devices, consumer electronics, telecom, military and aerospace. Through the use of Klocwork’s tools, these organizations have reduced their costs, improved their product reliability and security, while enabling greater development productivity.
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.