Whitesource Shows Growth Across a Number of Key Indicators Including Personnel, Profit and Senior Level Positions
WhiteSource, the leader in continuous open source components analysis, today released important indicators regarding their Q1 performance. The indicators included direct growth of profit, new deals, personnel and strategic partners. Across all of these indicators WhiteSource showed strong growth, indicative of an expanding market embrace of its products.
WhiteSource’s key measurements and milestones included:
- 2.5x quarter over quarter growth
- 25% personnel growth
- The appointment of Gal Yaffe as new VP of sales
- Signed OEM with a leader in the SAST market
“WhiteSource’s continued momentum does follow an industry wide trend driven by market education regarding the utility of such tools,” said WhiteSource CEO Rami Sass. “What has been the biggest factor in our success is that we’ve always thought ahead, from being the first in the market to offer a continuous open source components management technology, to offering the first comprehensive open source security vulnerabilities tool. This intense drive on producing the most forward thinking product and hiring the right people to sell that product to the world is a winning combination.”
Side-by-side testing with competitors’ products has proven WhiteSource’s security vulnerabilities database to be the most comprehensive, covering 17 programming languages and platforms with a remarkable level of coverage for each language. In addition, WhiteSource’s embrace of emerging technologies such as Docker containers, for which WhiteSource remains the only company to offer a fully comprehensive solution, has also contributed to the company’s growing appeal.
WhiteSource’s growth is further enhanced by the recent appointment of Gal Yaffe as VP of Sales. Gal brings with him 15 years of sales experience in enterprise sales and client relations in previous roles as VP Global Sales for Payoneer and VP Sales for BlueSnap.
WhiteSource allows engineering, security and compliance officers to effortlessly manage the use of open source components in their software, allowing developers to focus on building great products. WhiteSource fully automates all open source management needs: component detection, security vulnerability alerts, license risk and compliance analysis along with policy enforcement and new version alerts. Designed for engineering executives and security officers, a complete suite of control, reporting and management tools make managing open source truly effortless. For more information about WhiteSource, please visit https://www.whitesourcesoftware.com or follow us on twitter: @whitesourcesoft.