Fulton, MD -- May 18, 2018 -- Sonatype, the leader in automated open source governance and DevSecOps, is proud to announce that it has been named Technology Company of the Year by the Maryland Tech Council (MTC), Maryland’s largest technology trade group.
The honor was announced on May 17 at the organization’s 30th Anniversary Industry Awards Celebration which took place in College Park, Md. The event recognizes the technology, life sciences, and health IT companies and individuals in the Washington, DC region who are making a difference, and is one of the largest and most prestigious awards ceremonies in Maryland.
“To win this prestigious award is testament to our incredible employees and their relentless quest to deliver new innovations and strong value to our thousands of customers,” said Wayne Jackson, CEO of Sonatype. “Maryland and the DC region have a long history of producing great technology companies so winning this award is a true honor.”
The distinction follows an outstanding Q1 2018 for Sonatype, where the company recorded 105 percent year-over-year sales growth and an 131 percent growth in applications using its software. Earlier this year, Sonatype was also deemed an IDC Innovator by the International Data Corporation and was deemed the Best Open Source DevOps Tools by Computing Magazine.
More than 10 million software developers rely on Sonatype to innovate faster while mitigating security risks inherent in open source. Sonatype’s Nexus platform combines in-depth component intelligence with real-time remediation guidance to automate and scale open source governance across every stage of the modern DevOps pipeline. Sonatype is privately held with investments from New Enterprise Associates (NEA), Accel Partners, Hummer Winblad Venture Partners, and Goldman Sachs. Learn more at www.sonatype.com.