WhiteSource Announces Best Quarter on Record

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
• 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.