Posted on February 15, 2017 by staff

Security software firm Avecto achieves record results


Security software firm Avecto has announced record financial results for the first half the financial year.

The Manchester-headquartered company has seen 83 per cent year-on-year growth and recorded its biggest ever quarter in booked orders for the period October to December.

The business, which has offices in Boston, USA and Bad Homburg, Germany, has recently increased its global headcount to 200 and aims to increase this by a further 20 per cent over the next six months.

Avecto was recently named an official Northern Powerhouse Partner, helping to champion northern technology talent in the UK and overseas.

Mark Austin, co-founder and co-CEO at Avecto, said: “We have a culture of high achievement and ambition here at Avecto and these latest results are a great reflection of that.

“The whole team works tirelessly to grow and drive the business forward, and it is testament to everyone at the company that we’ve seen such a positive set of results at the half year point.”

The company’s cyber security products are used by a top consumer goods manufacturer, a global consultancy firm and Fortune 500 technology company.

Last year the company, based in 30,000 sq ft premises at Trident, Manchester Airport, was listed as one of the Sunday Times Best Places to Work.

Austin continued: “We continue to invest in our software, our people and our working environment to ensure we stay one step ahead of the competition, and keep Avecto at the forefront of the cyber security industry.”