Checkmarx

Atlanta, United States Founded: 2006 • Age: 20 yrs Acquired By Hellman & Friedman
Security testing software is provided for code vulnerability detection.

About Checkmarx

Checkmarx is a Technology company based in Atlanta (United States) founded in 2006, and was acquired by Hellman & Friedman in March 2020. Security testing software is provided for code vulnerability detection. Checkmarx has raised $98.5 million across 3 funding rounds from investors including Insight Partners, Salesforce Ventures and XT Hi-Tech. The company has 38 employees. Checkmarx has completed 3 acquisitions, including Codebashing, Dustico and Tromzo. Its website checkmarx.com draws about 129 thousand monthly visits. Its Indian entity Checkmarx India Technology Services Private Limited reported revenue of β‚Ή35.55 Cr. Checkmarx offers products and services including Checkmarx One, SAST, DAST, API Security, and Container Security. Its focus areas include Enterprise Infrastructure, Cybersecurity, Application Security and Vulnerability Assessment. Its competitors include Bugcrowd, Synack and Veracode; 3 of its 3 listed competitors have raised funding.

Company details

Checkmarx was founded in 2006 and is headquartered in Atlanta, United States. The company operates in the cybersecurity sector, where a platform for static application security testing, mobile security, and open source analysis is delivered. Uncompiled code is scanned automatically to identify vulnerabilities across various programming languages. The software is integrated into software development life cycles and deployed via on-premise installations, private clouds, or public clouds for enterprises and developers.

Key Metrics
  • Indian entity revenue
    ₹35.55 Cr

    FY 2024 · +19% YoY

  • Indian entity net profit
    ₹78.9 Lakh

    FY 2024 · 2% margin

  • Indian entity EBITDA
    ₹1.32 Cr

    FY 2024 · 4% margin

  • Total Equity Funding
    $98.5M (USD)

    in 3 rounds

  • Latest Funding Round
    $84M (USD), Series C

    Jun 2015

  • Investors
  • Employee Count
    38
  • Investments & Acquisitions
  • Acquired by

Products & Services of Checkmarx

Checkmarx offers a comprehensive portfolio of products and services, including Checkmarx One, SAST, DAST, API Security, and Container Security.

Checkmarx One
Application Security Platform

Unified platform for securing applications from code to cloud.

SAST
Static Analysis

Scans custom code to detect security vulnerabilities.

DAST
Dynamic Analysis

Identifies runtime vulnerabilities in applications.

API Security
API Protection

Mitigates risks in APIs and eliminates shadow APIs.

Container Security
Cloud Security

Scans containers for vulnerabilities preproduction.

Apps and channels of Checkmarx

its YouTube channel Checkmarx has 2.86K subscribers and 30 videos.

Checkmarx
YouTube 2.86K subscribers 30 videos Science & Technology
Open channel

Videos from Checkmarx

The most watched videos on Checkmarx's YouTube channel, Checkmarx (2.86K subscribers). Click a video to play it here.

CI-CD Pipeline: Integrating With Checkmarx One
2.4K views
Wiz Integration | A New Standard for Application Security
1.3K views
Agentic AI Demo | Checkmarx One Assist
1.2K views
Container Security Exposed: Live Hack Demo & Prevention
925 views

More on Checkmarx.

Funding Insights of Checkmarx

Checkmarx has successfully raised a total of $98.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $84 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $98.5M
  • Total Rounds 3
  • Last Round Series C β€” $84M
  • First Round $6.5M

    (Oct 2011)

  • Investors Count 4

All 3 funding rounds of Checkmarx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2015$84MSeries C–Insight Partners
Nov 2013$8MSeries B–XT Hi-Tech
Oct 2011$6.5MSeries A–XT Group
–
Valuation history

5 investors in total: 5 institutional.

Investors in Checkmarx

Checkmarx has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Insight Partners, Salesforce Ventures and XT Hi-Tech.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
salesforceventures.comSan Francisco, United States
Investments in Israeli high-tech startups are managed by XT Hi-Tech.
xthitech.comTel Aviv, Israel
Private equity firm investing in tech companies
xtholdings.comHaifa, Israel
Private equity firm focused on acquisitions
hf.comSan Francisco, United States
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Investor details for Checkmarx

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Board of directors of Checkmarx India Technology Services Private Limited (Checkmarx)

Checkmarx India Technology Services Private Limited is the primary company behind Checkmarx. The board of Checkmarx India Technology Services Private Limited currently have 3 directors; the longest-serving is Shmuel Arvatz, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shmuel Arvatz
DIN 02509492
Director06 Feb 20188 yrs 8 moCheckmarx India Technology Services Private Limited
Ajit Jyotishkumar Shah
DIN 01453901
Director15 Mar 20197 yrs 7 moCheckmarx India Technology Services Private Limited
Sandeep Johri
DIN 00026008
Additional Director15 Dec 20232 yrs 10 moCheckmarx India Technology Services Private Limited

People of Checkmarx

297 people are tracked at Checkmarx (74 in leadership, 6 in board & advisors, 217 in team); the tracked headcount is 38.

NameRoleGroup
Maty Siman
Founder & CTOLeadership
Yigal Elstein
Chief Revenue OfficerLeadership
Suzy Worbey
Director, Regional & Partner Marketing EMEA & APAC CheckmarxLeadership
Martin Lindsay
VP, MarketingLeadership
Jann Yip
Regional Marketing DirectorLeadership
Zane Buckley
Director Of Digital MarketingLeadership
Rosanna Hagg
Head Of Cloud Alliances-awsLeadership
Merav Navi Shalev
Vp, Global Compensation & BenefitsLeadership
Shrinivas Dhande
R&d Head Of IndiaLeadership
Jennifer Taylor
Head Of Americas Regional & Partner MarketingLeadership
Nicole Ferreira
HR Manager/ Senior HR Business PartnerLeadership
Steve M. Jax
Director Of Sales & Gtm, Strategic WestLeadership
Andrew Gehring
Director Of Professional ServicesLeadership
Christopher M.
Director Of ServicesLeadership
Aviv Sevillia
Director Of R&dLeadership
Kai Casbar
Senior Revops Business PartnerLeadership
Ashutosh Sharma
Managing Director - Head Of Checkmarx India Development CentreLeadership
Shir Dombelski
Director Of FinanceLeadership
Nicole Morgado
Director HRBP PortugalLeadership
Dolev Tresser
VP Finance At CheckmarxLeadership

277 more people are available in the full profile.

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Financials of Checkmarx

Figures of Checkmarx India Technology Services Private Limited, the primary company behind Checkmarx, for FY 2024. Revenue was ₹35.55 Cr (+19% year on year). Net profit was ₹78.9 Lakh (2% margin). EBITDA was ₹1.32 Cr (4% margin). Revenue has grown at a compounded annual rate of +28% over three years and +87% over five years.

  • ₹35.55 CrRevenue · FY 2024 · +19% YoY
  • ₹78.9 LakhNet profit · 2% margin
  • ₹1.32 CrEBITDA · 4% margin
  • ₹6.5 LakhPaid-up capital
  • 38Employees (provident fund records)
  • +28%Revenue CAGR, 3 years
  • +87%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Checkmarx India Technology Services Private Limited are on its company page.

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Detailed financial statements for Checkmarx

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Investments & Acquisitions by Checkmarx

Checkmarx has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Codebashing, Dustico and Tromzo.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Application security management is facilitated for software delivery.
tromzo.comMountain View, United States2021Dec 2025β€’β€’β€’β€’
Cloud based supply chain security solution provider
dusti.coTel Aviv, Israel2020Aug 2021β€’β€’β€’β€’
SaaS e-learning platform for application security is delivered.
codebashing.comLondon, United Kingdom2015Jul 2017β€’β€’β€’β€’
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Timeline of Checkmarx

7 dated milestones of Checkmarx across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Checkmarx is founded.
  2. Funding First funding round of $6.5M.
  3. Funding Latest funding round, Series C, of $84.0M.
  4. Acquisition Acquires Codebashing.
  5. Exit Acquired by Hellman & Friedman.
  6. Acquisition Acquires Dustico.
  7. Acquisition Acquires Tromzo.

Competitors of Checkmarx

Checkmarx has 3 listed competitors in our database, 3 of them funded. They include Bugcrowd, Synack and Veracode.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bugcrowd.com2012San Francisco, United States$183.69M131
Crowdsourced penetration testing for web applications is provided.
synack.com2013San Francisco, United States$107.58M182
Crowdsourced vulnerability discovery and security testing are provided via platform.
veracode.com2006Burlington, United States$106.88M692
AI-powered testing software for securing applications is offered.
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Detailed competitors of Checkmarx

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Web traffic of Checkmarx

The website of Checkmarx (checkmarx.com) receives about 128.6K visits a month and ranks #337,168 among all websites worldwide, #902 in Computer Security.

  • Monthly visits
    128.6K

    ▲ 4.8% vs previous month

  • Unique visitors
    53.8K

    per month

  • Global rank
    #337,168

    among all websites

  • Category rank
    #902

    Computers Electronics and Technology · Computer Security

Similar websites

Websites whose visitors overlap most with Checkmarx. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
owasp.org
owasp.org
100%
#45,880–
fortify.com
86%
9.4K#2,096,307View details
safensoft.com
85%
2.4K#7,768,168View details
endorlabs.com
81%
98.7K#419,169View details
checkmarx.atlassian.net
checkmarx.atlassian.net
80%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Checkmarx

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Top companies in Programming & Software Development Tools

3 companies that operate in the same segment as Checkmarx (Programming & Software Development Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Collaborative platform for design prototyping and feedback is provided.
2012San Francisco, California, United StatesUSD 748.62 M2,877
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
Automated usability testing and feedback for mobile experiences is provided.
2007San Francisco, California, United StatesUSD 148.5 MUSD 21.68 M557
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Related news about Checkmarx

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Frequently Asked Questions about Checkmarx

Checkmarx was founded in 2006 and raised its 1st funding round 5 years after it was founded.

Checkmarx is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Checkmarx is a funded company, having raised a total of $98.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Oct 2011.

Checkmarx has 38 employees.

The primary company behind Checkmarx, Checkmarx India Technology Services Private Limited, reported revenue of β‚Ή35.55 Cr for FY 2024, up 19% year on year.

Checkmarx was founded in 2006 and is headquartered in Atlanta, United States. The company operates in the cybersecurity sector, where a platform for static application security testing, mobile security, and open source analysis is delivered. Uncompiled code is scanned automatically to identify vulnerabilities across various programming languages. The software is integrated into software development life cycles and deployed via on-premise installations, private clouds, or public clouds for enterprises and developers.

Checkmarx's top competitors include Synack, Veracode and Bugcrowd.

Checkmarx offers Checkmarx One, SAST, DAST, API Security, and Container Security.

Checkmarx has made 3 acquisitions, including Codebashing, Dustico, and Tromzo.

Checkmarx has 5 investors. Key investors include Insight Partners, Salesforce Ventures, XT Hi-Tech, XT Group, and Hellman & Friedman.

Checkmarx operates through Checkmarx India Technology Services Private Limited.

Yes. Checkmarx was acquired by Hellman & Friedman in March 2020.

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