Intelligent CIO Europe Issue 05 | Page 16

NEWS Checkmarx named a leader in Application Security Testing by Gartner C heckmarx has announced that it has been named a Leader in Gartner’s 2018 Magic Quadrant for Application Security Testing. Checkmarx’s Application Security Testing platform includes Codebashing (Secure Coding Education), CxSAST (Static Application Security Testing), CxOSA (Open Source Analysis) and CxIAST (Interactive Application Security Testing) which complement each other and ensure reduced application risk without impacting software delivery schedules. “The application security testing market is adapting to the needs of modern development landscapes and the DevOps culture,” said Maty Siman, CTO and Founder of Checkmarx. “Checkmarx has been leading this technological trend by continuously delivering innovative and automated application security solutions under a single platform. We address all SDLC stages from right to left, thus helping enterprises deliver secure software.” “We believe our inclusion for the fifth consecutive time and our recognition as a Leader this year, demonstrates our deep understanding of the Application Security market,” said Emmanuel Benzaquen, CEO of Checkmarx. “Our business is showing tremendous growth and we are seeing impressive intake of our platform globally. Among our 1,500 customers are eight of the top 10 financial organisations, six of the 10 top software companies and tens of other Fortune 100 organisations. Our customers are our top priority and we will continue to provide top notch solutions and services to empower delivery of secure software faster.” Checkmarx’s trajectory extends into 2018 with the company once again reporting a record-breaking 2017 on multiple aspects including being named the fastest growing cybersecurity company in Israel for five years in a row with 70% sales growth and a broad adoption worldwide of the Checkmarx application security platform and services. ////////////////// Tel Aviv University sets up venture fund for technological innovation step. This is a new model in Israel and sets the university in line with the leading universities in the world. As a university which gathers the leading students and alumni in Israel, TAU Ventures will enable the entrepreneurs among them to execute their revolutionary ideas.” Nimrod Cohen, Managing Partner of the fund, said: “The advantage of the fund will be identifying unique opportunities in early stages. TAU Ventures will also be able to offer added value to the entrepreneurs among the students and our alumni of TAU via variety of resources surrounding the university. The fund will enjoy the wide spectrum of knowledge and support of the industry given the important position TAU holds.” T el Aviv University is establishing a venture fund, focused on early stage start-ups, named TAU Ventures. This is the first time that a model of this sort is being established in Israel and is similar to those in the most prestigious universities in the US, such as MIT, Berkeley, Stanford, etc. The fund will operate different incubation programmes, together with strategic partners, in various technological fields. Joseph Klafter, President of Tel Aviv University, commented: “Tel Aviv University is the most innovative and entrepreneurial university in Israel and I am proud that we have evolved to the next essential 16 INTELLIGENTCIO Eyal Agmoni, Head of Chartered Group, said: “We made this investment out of strong belief in the Israeli high-tech industry in general and a deep understanding that the main part of entrepreneurial in Israel generates around Tel Aviv University.” “As a person deeply enthusiastic about higher education and the future of Israel, I am proud to be a part of a fund which will operate under TAU’s umbrella,” said Bahzad Kianmahd, Co-founder and lead investor from Los Angeles, CA, who is also Chairman and CEO of Maxim Commercial Capital. “The fund will have many possibilities and it will open doors for the younger generation in Israel.” www.intelligentcio.com