SOURCE: Code Dx

Code Dx

June 29, 2016 15:22 ET

Code Dx Ranked #23 on the Cybersecurity 500 List of the World's Hottest and Most Innovative Cybersecurity Companies

NORTHPORT, NY--(Marketwired - Jun 29, 2016) - Code Dx, Inc., a provider of an award-winning suite of fast and affordable tools that help software developers, testers and security analysts find, prioritize and manage software vulnerabilities, today announced that it has been ranked 23rd on the Cybersecurity 500 Q2 2016 list of the world's leading cybersecurity companies.

The Cybersecurity 500 is compiled by Cybersecurity Ventures, a research and market intelligence firm, which researches thousands of cybersecurity companies and ranks them based on a wide range of criteria from feedback from CISOs, IT security practitioners and service providers to company growth, published product reviews and problem(s) solved. The Cybersecurity 500 creates awareness and recognition for the most innovative cybersecurity companies. It includes a spectrum of companies including the largest recognizable brands, VC-backed start-ups and small firms with potentially game-changing technologies.

"We are proud to once again be included on this prestigious list of innovative cybersecurity companies," said Anita D'Amico, Ph.D., CEO for Code Dx. "We are a young company in the vanguard of the new market of software vulnerability management solutions. Application security is rapidly growing as more organizations recognize the significant risks that software vulnerabilities pose to their enterprise. Code Dx automates and supports many of the resource-intensive aspects of finding, analyzing and triaging vulnerabilities, then tracking their remediation. We make it easy and affordable for users to find vulnerabilities with multiple application security testing (AST) tools, prioritize the vulnerabilities based on regulatory compliance and industry standards and manage their remediation."

"The cybersecurity industry is entering its next phase of growth, with forecasted spending expected to be $1 trillion over the next five years," said Steve Morgan, founder and editor-in-chief at Cybersecurity Ventures. "The world's existing software code needs to be scanned for vulnerabilities, and cleansed. New code needs to be written with security top of mind. We anticipate tremendous growth in the application security market, and Code Dx is a proven solution for managing static and dynamic code analysis for the most popular languages -- at a compelling price point."

About Code Dx
Code Dx, Inc. is a leading provider of easy and affordable software vulnerability management systems that enable software developers, testers and security analysts to find and manage vulnerabilities in software. The award-winning Code Dx solutions integrate the results of multiple static and dynamic Application Security Testing (AST) tools and manual reviews into a consolidated set of results for quick and easy triage, prioritization and remediation. The core technology was partially funded by Department of Homeland Security Science & Technology (DHS S&T) to help secure the nation's software supply chain. For more information, please visit www.codedx.com or contact Code Dx at (631) 759-3993 or via email at Info@CodeDx.com.

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