After the Deloitte Fast 50 in the Netherlands, where Dutch niche dating startup The Inner Circle bagged the top prize followed by Temper, recently the news is in about the winning startups from Belgium.
As per the reports, the Leuven-based cybersecurity startup GuardSquare won the main prize at the hottest technology awards in Belgium at the Deloitte Fast 50 Business Forum and Awards Ceremony.
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Founded in 2014 by Heidi Rakels and Eric Lafortune, the startup has recorded a massive 4713,63% growth in terms of sales. This achievement has not only yielded its Deloitte Fast 50 award but also has made the company one of the fastest growing startups in the software category.
Regarding the award, Heidi Rakels, the co-founder and CEO of GuardSquare said, “We are surprised, but happy to have received this award. Growth was never our purpose as such; we work on a complex technology and our main focus is quality. Partly due to our background in open source software, we were present worldwide from day one. It is therefore very nice to see that focusing on quality is a good strategy to grow quickly.”
At its point in time, Silicon Canals has come up with a few facts about the Belgium-based fintech startup.
Mobile app protection
GuardSquare is involved in the development of premium software aimed at mobile apps protection. The software protects apps against hacking activities such as tampering and reverse engineering. Their products and services are used by a wide range of industries including e-commerce, financial services, gaming, media and telecommunication.
Offers a wide range of services
Notably, GuardSquare is the market leader when it comes to security for apps, both on Android and iOS platforms. Eventually, the company has users in over 70 countries. It offers DexGuard, a state-of-the-art security solution for Android applications and SDKs, iXGuard, a cutting-edge security product for iOS applications and SDKs and ProGuard, a popular optimizer for Android and Java platforms.
The GuardSquare team has specialists in mobile application protection. They not only help in protecting the applications but also offer a slew of other services. They offer consultancy and training and validate the applied protection. Also, they develop custom encryption algorithms for a less predictable and a stronger protection.
Expansion in the American market
In April 2017, GuardSquare appointed Tom Button, the Mobilize.Net CEO and former Microsoft Corporate Vice President to its Board of Directors. With the addition of his experience in developer tools and platforms, GuardSquare focuses on growing and expanding its operations in North America thus paving way for the company’s global growth. Eventually, the best banking apps in the US use the GuardSquare software to keep their apps protected.
Rising Star 2016
Back in 2016, GuardSquare was selected as one of the most promising companies that have been active in less than four years. The finalists were assessed based on the investor pitch on the flexibility of their business concept, quality of management, worldwide market potential and disruptive capacity of the innovation and the Leuven-based startup won in all these aspects.
Stay tuned to Silicon Canals for more updates in the tech startup world.