About Checkmarx
Checkmarx is a company based in Atlanta (United States) founded in 2006 was acquired by Hellman & Friedman in March 2020.. 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 as of April 04, 2024. Checkmarx has completed 3 acquisitions, including Codebashing, Dustico and Tromzo. Checkmarx offers products and services including Checkmarx One, SAST, DAST, API Security, and Container Security. Checkmarx operates in a competitive market with competitors including Bugcrowd, Synack, Veracode, WhiteHat Security and Snyk, among others.
- Headquarter Atlanta, United States
- Employees 38 as on 04 Apr, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Checkmarx India Technology Services Private Limited
- Date of Incorporation 06 Feb, 2018
- Jurisdiction Vikhroli East, Maharashtra, India
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Annual Revenue
$3.35 M (USD)63.01as on Mar 31, 2022
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Net Profit
$73.89 K (USD)58.7as on Mar 31, 2022
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EBITDA
$122.19 K (USD)63.21as on Mar 31, 2022
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Total Equity Funding
$98.5 M (USD)
in 3 rounds
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Latest Funding Round
$84 M (USD), Series C
Jun 25, 2015
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Investors
Insight Partners
& 4 more
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Employee Count
38
as on Apr 04, 2024
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Investments & Acquisitions
Codebashing
& 2 more
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Acquired by
Hellman & Friedman
(Mar 16, 2020)
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Products & Services of Checkmarx
Checkmarx offers a comprehensive portfolio of products and services, including Checkmarx One, SAST, DAST, API Security, and Container Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified platform for securing applications from code to cloud.
Scans custom code to detect security vulnerabilities.
Identifies runtime vulnerabilities in applications.
Mitigates risks in APIs and eliminates shadow APIs.
Scans containers for vulnerabilities preproduction.
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Software Development Team
69 people
Sales and Marketing
48 people
Leadership Team
23 people
Product Management Team
23 people
Human Resources and Administration
14 people
Senior Team
13 people
Finance and Accounting
12 people
Enterprise Team
8 people
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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 Total Funding
- Total Rounds 3
- Last Round Series C — $84.0M
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First Round
First Round
(11 Oct 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Series C - Checkmarx | Valuation | Insight Partners | |
| Nov, 2013 | Amount | Series B - Checkmarx | Valuation | XT Hi-Tech | |
| Oct, 2011 | Amount | Series A - Checkmarx | Valuation | XT Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Founded Year | Domain | Location | |
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Investments in Israeli high-tech startups are managed by XT Hi-Tech.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Checkmarx
Checkmarx has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Codebashing, Dustico and Tromzo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Application security management is facilitated for software delivery.
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2021 | ||||
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Cloud based supply chain security solution provider
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2020 | ||||
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SaaS e-learning platform for application security is delivered.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Checkmarx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Checkmarx Comparisons
Competitors of Checkmarx
Checkmarx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bugcrowd, Synack, Veracode, WhiteHat Security and Snyk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Crowdsourced penetration testing for web applications is provided.
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| domain | founded_year | HQ Location |
Crowdsourced vulnerability discovery and security testing are provided via platform.
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| domain | founded_year | HQ Location |
AI-powered testing software for securing applications is offered.
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| domain | founded_year | HQ Location |
Web application security testing and vulnerability management are provided.
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| domain | founded_year | HQ Location |
Application security is delivered via a cloud-based developer platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Checkmarx
Frequently Asked Questions about Checkmarx
When was Checkmarx founded?
Checkmarx was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Where is Checkmarx located?
Checkmarx is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Checkmarx a funded company?
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 11, 2011.
How many employees does Checkmarx have?
As of Apr 04, 2024, the latest employee count at Checkmarx is 38.
What is the annual revenue of Checkmarx?
Annual revenue of Checkmarx is $3.35M as on Mar 31, 2022.
What does Checkmarx do?
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.
Who are the top competitors of Checkmarx?
What products or services does Checkmarx offer?
Checkmarx offers Checkmarx One, SAST, DAST, API Security, and Container Security.
How many acquisitions has Checkmarx made?
Checkmarx has made 3 acquisitions, including Codebashing, Dustico, and Tromzo.
Who are Checkmarx's investors?
Checkmarx has 5 investors. Key investors include Insight Partners, Salesforce Ventures, XT Hi-Tech, XT Group, and Hellman & Friedman.
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