Corellium's Remarkable Growth and Innovative Solutions Ahead
Exciting Innovations at Corellium
Corellium offers a uniquely designed virtualization platform that empowers developers to build, test, and secure software for various smart devices from mobile phones to critical infrastructure systems. This platform stands out as a vital tool in the ever-evolving tech landscape.
Impressive Growth Metrics
Recently, Corellium reported significant growth as it heads into 2025, with a staggering 50% increase in annual recurring revenue compared to the previous year and a high renewal rate of 97%. Such achievements highlight the robust demand for Corellium's innovative solutions across the U.S. and international markets.
Record-Breaking Year
In 2024, Corellium experienced momentous milestones, setting records that underscore its growth trajectory. The company is not only expanding its financial metrics but also enhancing its product offerings with three new groundbreaking solutions: Viper, Falcon, and Solo.
Product Innovation
Corellium is dedicated to continuous improvement, ensuring its support for new iOS models is ready within just one week of their release, now encompassing over 3000 mobile device models. The newly launched solutions include:
- Corellium Viper: This tool is designed for mobile application security testing. Viper offers teams exceptionally powerful capabilities for both manual and automated testing, significantly optimizing resources by up to 75% through its MATRIX functionality.
- Corellium Falcon: A comprehensive platform aimed at deep mobile security research, Falcon equips security teams with advanced tools, also integrating MATRIX to streamline workflows.
- Corellium Solo: This solution caters specifically to individual students and hobbyists, combining flexibility with a powerful security discovery platform.
Recognition and Expansion
In addition to its impressive metrics in growth, Corellium received the prestigious Technology Fast 500 award from Deloitte, acknowledging it as one of the fastest-growing tech companies in North America. Such recognition speaks volumes about the company's influence in the technology sector.
Team Growth and Talent Acquisition
Since early 2024, Corellium's workforce has expanded by over 35% to align with its growth strategies, further enhancing its commitment to innovation. High-caliber professionals have been brought on board, including:
- Mark Snell, Chief Financial Officer
- David Scruggs, Chief Revenue Officer
- Anthony Ricco, Chief Product Officer
- Jody Kissling, Chief Marketing Officer
- Tara Crawshaw, Vice President of Customer Success
- Chris Trammell, Vice President of Finance
- Holly Bail, Vice President of Human Resources
- Beth Barach, Vice President of Product Marketing
Looking Ahead
As Amanda Gorton, CEO of Corellium, states, "Corellium's innovative virtualization platform delivers native-fidelity virtual devices and powerful integrated tools to support development, testing, and research. In 2025, we will push the boundaries of product innovation, empowering developers to secure the next generation of devices while delivering outstanding customer support." This vision promises a thrilling journey ahead for Corellium, its customers, and the entire tech landscape.
About Corellium
Corellium is a leading innovator in Arm virtualization, enabling security and development teams to create, test, and secure mobile, IoT, and automotive software through the power of virtual hardware. With over 500 organizations utilizing their solutions, Corellium is a recognized leader in enhancing security testing and efficiency in DevOps. Learn more at www.corellium.com.
Media Contact:
Jody Kissling
Email: [email protected]
Frequently Asked Questions
What does Corellium offer?
Corellium provides a virtualization platform tailored for developers, helping them build, test, and secure software for smart devices.
What are the recent products launched by Corellium?
The company recently introduced Viper, Falcon, and Solo, which cater to security testing and individual users.
What kind of growth has Corellium experienced?
Corellium reported over 50% growth in annual recurring revenue and a 97% renewal rate.
Who are the new key team members at Corellium?
Recent hires include Mark Snell (CFO) and Jody Kissling (CMO), among others, aimed at expanding the team and enhancing capabilities.
What recognition has Corellium received?
Corellium was recognized in the Technology Fast 500 list by Deloitte, highlighting its rapid growth in the tech industry.
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