Company news

Software Mill - a part of VirtusLab Group, has partnered with Niebezpiecznik, a renowned cybersecurity consultancy known for its deep expertise in penetration testing, training, and online news services. This collaboration enhances VirtusLab Group's cybersecurity capabilities.

• Network Vulnerability Assessment,
• Web Application Penetration Test,
• Network Penetration Test,
• Social Engineering Test,
• Advanced Persistent Threat,
• Code Security

Their team of skilled pentesters identifies system weaknesses, and VirtusLab Group engineers can deliver secure software solutions. By expanding its cybersecurity expertise, VirtusLab Group can better protect Clients’ systems, data, and infrastructure from sophisticated attacks, ensuring the resilience and reliability of its services.

VirtusLab and SoftwareMill have merged, combining expertise in cloud, data science, Java, and Scala. Both companies retain their distinct identities while leveraging synergies to offer tailored software solutions. 

VirtusLab Group expands its team by over 100 experts, enhancing services for clients globally, especially in key markets like the US, UK, and Germany.

We're proud to announce that Virtuslab made it onto the Financial Times list of 1000 fastest-growing companies across diverse sectors. Just like in 2019, 2020, and 2021, we got on the list 2022 as well. Additionally, we're ranked 4th among technology companies in Poland.

Since 2017, the Financial Times, a venerable titan in business journalism, in partnership with Statista, a respected research firm, has diligently curated a prestigious ranking that resonates with the pulse of European business landscapes. 

This ranking, a testament to the dynamism and resilience of enterprises, celebrates the 1000 fastest-growing companies across diverse sectors, showcasing those that have achieved remarkable compound annual growth rates in revenue over specific periods (this year’s scrutiny spanned from 2017 to 2020).

The requirements to get on the Financial Times list of 1000 fastest-growing companies

To earn a coveted spot in this year's edition, a company had to clear the rigorous benchmarks outlined by Statista. These criteria serve as pillars of distinction, emblematic of the vigor and authenticity intrinsic to the #ft1000:

• A minimum revenue threshold of 100,000 Euros must have been attained in 2017.
• By the culmination of 2020, the revenue bar must have soared to at least 1.5 million Euros, signifying a substantial stride in financial prowess.
• Independence reigns supreme; only entities that stand autonomously, untethered from the shadows of parent corporations or subsidiary affiliations, were deemed eligible for consideration.
• European roots are non-negotiable; the headquarters must be firmly planted within the vibrant tapestry of the European continent.
• Organic growth, the true hallmark of enterprise evolution, is the cornerstone; the surge in revenue from 2017 to 2020 must have been nurtured internally, a testament to strategic ingenuity and operational prowess.
• A pristine track record is imperative; companies that have weathered the storms of market volatility without succumbing to share price irregularities over the past 12 months stand as exemplars of steadfastness and integrity.

But it's not just about numbers for us. At Virtuslab, we have core values that drive us:

Our values

We believe in building strong, long-lasting partnerships with our clients. That means we focus on trust, being clear, and growing together. We understand what our clients need and help them succeed over the long haul.

We're also driven by technology and innovation. We love keeping up with the latest tech trends and finding new ways to solve problems. Being tech-savvy is a big deal for us!

We are as strong as our community. That’s why we like to give back and help out where we can. We're big supporters of open-source projects. By sharing and working together, we can all do more.

Last but not least, our team is important to us. We work hard to attract the best people, help them grow, and keep them around. Our clients build on our people who support them with knowledge and incredible coding skills.

As we celebrate making it onto the #ft1000 list once again, we're keeping our values close. They're what keep us grounded and focused as we keep pushing ahead into the future.

As we celebrate this achievement, we remain deeply grateful for the trust and support of our clients, partners, and team members. Together, we're not just shaping the future of our company, but also making a positive impact on the communities we serve, our environment, and the organizations we work with. Our values as the foundation, we're excited to continue pushing boundaries, driving innovation, and creating lasting value for all stakeholders in the years to come.

VirtusLab receives the Business Gazelles award for 2021, recognizing it among the most dynamically growing SMEs in Poland. VirtusLab continues its 2018 and 2020 awards series.

Awarded by "Puls Biznesu", the ranking highlights companies with strong financial growth and transparency. VirtusLab is proud to be part of this prestigious community once again.

Aquiline, founded in 2005, is a private investment firm based in New York and London investing in companies across financial services and technology, business services, and healthcare industries. The firm has $7 billion in assets under management.

VirtusLab reached the level where we have multiple locations in Poland, UK and Germany. We are not stopping there and with the help of Aquiline as our investor, we are making another quantum jump into higher energy levels. The partnership will be used to further accelerate organic growth through the attraction and retention of top-tier talent, strengthen VirtusLab’s R&D department focused on software development efficiency, and acquisitions to expand the scale and reach.

Our existing management will roll a portion of their equity stake and maintain ownership in the company.

We are excited by our new partnership and look forward to working with Aquiline to leverage their unique expertise in helping companies like ours scale. VirtusLab’s ambition is to become the best, leading software technology company operating globally with development centers in Poland and other European countries. Our platforms and proprietary software represent leading innovations in our space and the investment from Aquiline leaves us well poised for growth amidst accelerating customer demand. Their support also comes at a crucial time when competition for talent has reached an all-time high.

Rafał Pokrywka, CEO of VirtusLab

Rafal and the VirtusLab team have built an excellent platform with exceptional development talent and a strong customer base. We look forward to working together to accelerate growth and build a global leader.

Vincenzo La Ruffa, president of Aquiline Capital Partners

We will maintain the highest level of our services. This partnership is to help our whole company grow and become the leading software company

We’re excited to call the Regent Office our new home, occupying the entire third floor of this exceptional building. Designed with flexibility in mind, our workspace adapts seamlessly to the changing demands of modern work. It features collaborative spaces for team synchronization, expanded hot desk options across Cracow locations for all employees, and permanent desks for those who prefer a regular office setup.

The Regent Office has an underground car park, bike parking with repair stations, and a unique rooftop relaxation zone with a green terrace and a mini vineyard. Strategically located near Nowy Kleparz, the Main Railway Station, and the Old Town, Regent is a hub for innovation, collaboration, and inspiration. We look forward to seeing our teams thrive in this exceptional space!

VirtusLab has once again earned a spot in the prestigious Forbes Diamonds ranking, a testament to its rapid growth and success. This year, the company proudly claimed 1st place in the Podkarpackie Voivodeship for medium-sized enterprises, solidifying its position as a leader in its category. This achievement highlights VirtusLab’s dynamic development and the dedication of our engineers, whose hard work continues to drive the company forward. 

Forbes Diamonds is one of Poland’s most esteemed rankings for private companies, organized by Forbes Polska since 2015. It recognizes businesses with the fastest growth in value over the past three years, evaluated using a reliable Swiss valuation method. Companies from diverse industries are analyzed based on their financial performance and asset value.

I am delighted to introduce a new member of VirtusLab’s external board of advisors: Martin Odersky.

It is hard to do Martin justice in just a few sentences, but I shall try my best!

Martin Odersky is professor of programming methods at École Polytechnique Fédérale de Lausanne (EPFL) in Switzerland. He began his brilliant academic career as a PhD student of Niklaus Wirth before moving to postdoctoral work at IBM and Yale. While taking an early interest in functional programming from its understated beginnings, he co-authored the design of what was to become Java 5, introducing generics to the language. Later, of course, he created and nurtured Scala, a hybrid of the best of functional programming and object-oriented design, which is ranked as the thirteenth most popular programming language. It is no exaggeration to say that his influence can be seen in many modern programming languages, and his life’s work has played a significant part in the widespread adoption of the functional paradigm in the industry.

For VirtusLab this confirms and strengthens our long term strategy of active participation in the Scala ecosystem. With Scala 3 just around the corner and its potential for Reactive Systems, Cloud Native and Big/Fast Data, we have a great perspective on the Scala ecosystem.

VirtusLab is going to significantly increase its involvement in Scala 3’s ongoing development. This means developing the Scala 3 compiler itself, integrated closely with the tools around it, providing commercial support, and contributing educational efforts to the community. We are going to further intensify our existing close collaboration with the Scala Center and EPFL, as we aspire to give Scala 3 the investment it needs to become a trusted and dependable language, ecosystem and community, while we strive to increase its adoption and success in all areas.

In the immediate future, a significant part of our efforts will be focused on guaranteeing Scala 3 is delivered as a language its users can rely on, and that the transition from Scala 2 to Scala 3 can be smooth. This, however, is just the tip of the iceberg: we are starting work on many exciting new initiatives in this area, and we hope that you will stay tuned as we reveal more of our roadmap over the coming months, and join us on this exciting new journey!

That is definitely not all! This year, VirtusLab celebrates its position as a major player in the technology industry, with a decade of organic growth behind us, being one of Europe’s fastest-growing technology companies. VirtusLab is not just focused on Scala, we are already active in many other areas, both in terms of technology and business use cases. Given Martin’s breadth of experience, we are counting on his insights across the whole business landscape.

VirtusLab is proud to sponsor the 2019 Best Master's Thesis Award, an initiative by the Faculty of Computer Science, Electronics, and Telecommunications at AGH University of Science & Technology. This prestigious award promotes high-quality master’s theses that bridge scientific research with practical applications, encouraging students to tackle real-world challenges in the ICT field.

To support this mission, our R&D Department is sponsoring a MacBook Pro 15'' for the author of the most outstanding thesis. This initiative aligns with our commitment to fostering innovation and excellence in the rapidly evolving ICT industry.

Nexelem, known for its innovative production management software, has joined forces with VirtusLab. This partnership aims to enhance manufacturing processes with advanced planning tools and integration with systems like SAP, driving cost efficiency and sustainability in production. VirtusLab's commitment to technology innovation and community-driven development bolsters this venture, promising transformative industry solutions for the manufacturing industry.

Sensinum merges with VirtusLab, combining front-end expertise and seasoned business development talent. The integration aims to leverage synergies, accelerate growth, and strengthen VirtusLab's ability to deliver cutting-edge software technology solutions. With an expanded team of 16 new members, VirtusLab continues its mission to build scalable, high-performance solutions tailored to clients' needs.