Checkmarx Closes New Funding Round

Oct 11, 2011, 05:00 ET from Checkmarx Ltd.

TEL AVIV, Israel, Oct. 11, 2011 /PRNewswire/ -- Checkmarx Ltd., the leading provider of static application security testing (SAST) solutions, today announced it has completed a new round of funding led by original investor Ofer Hi-Tech ( and joined by , ( the enterprise cloud computing company. The funds will be used to bolster product development as well as sales and marketing efforts to promote the Checkmarx 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.  Checkmarx solution enables 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.

"Checkmarx has a compelling offering with a unique technology to address the real-time transformations we are witnessing in the cloud," said Assif Stoffman, executive vice president at Ofer Hi-tech. "The team has demonstrated from day one a clear vision and a strong success record in turning SMBs and large corporations into recurring customers."

"Secure coding and application quality have become essential disciplines in today's threat-filled and performance-hungry environment," said Emmanuel Benzaquen, Checkmarx CEO. "We are strongly committed to our platform partners' proactive strategy to provide secure coding and quality practices to the entire cloud. This is fully in line with our goal of bringing our customers to the promised land of unbreachable applications."

Today, Checkmarx supports leading programming languages and framework such as C#, Java, C/C++, VB6 and PHP, as well as platform languages and frameworks such as's Apex and VisualForce. Checkmarx's CxCloud generic cloud-based code scanning service is available to any developer or enterprise at:

Checkmarx was named a Cool Vendor by Gartner and singled out as the sole visionary player in Gartner's Magic Quadrant for SAST in December 2010.

About Checkmarx Ltd.

Checkmarx's vision is to commoditized Static Application Security Testing (SAST) throughout the Software Development Lifecycle (SDLC) by promoting the use of cloud computing. Founded by experts in the fields of software and application security, Checkmarx has introduced a number of patented and patent-pending technologies which are revolutionizing the application security field. For more information, visit or call 1-917-470-9501.

SOURCE Checkmarx Ltd.