Company Revenue and Customer Growth Shows that Software Development Teams Continue to Invest in Developer Productivity
BURLINGTON, Mass.- April 08, 2009 – Klocwork, Inc., the proven leader in automated source code analysis today announced record Q1 revenue fueled by 81 percent growth in new customer license revenue. The Company attributes this momentum to the growing adoption of its desktop solution. The current economic climate has increased the need for organizations to proactively look for ways to improve developer productivity and manage critical code bases more cost effectively.
Klocwork has been a pioneer in SCA solutions and has seen continued growth in the adoption of its products, enabling corporations in markets from consumer mobile devices to safety-critical software to address software quality and security concerns early in the software development lifecycle (SDLC).
“The fact that we just had our best first quarter in company history during a time of economic instability is a clear indicator that our solutions are a necessity for software development organizations,” said Mike Laginski, CEO, Klocwork. “What we are hearing from our customers is that real developer productivity improvements must happen at the desktop. Our desktop vision and product capabilities are driving our growth.”
Klocwork is a leading provider of static source code analysis technology for C, C++, C# and Java, and the only solution with a Connected Desktop Analysis capability that enables developers to run the analysis with full system context right at their desktop, before they check-in their code.
About Klocwork
Klocwork is an enterprise software company providing automated source code analysis software products that enhance the productivity and agility of C, C++, C#, and Java software developers. More than 500 customers have integrated Klocwork’s automated source code analysis tools into their software development process in order to ensure their code is free of mission-critical flaws while freeing their developers to focus on what they do best – innovate.
Contact Klocwork for more information at www.klocwork.com or info@klocwork.com. Visit KlocTalk, the Klocwork blog, to engage in an ongoing discussion of software development tips and news at kloctalk.klocwork.com/.
