About Core Security
Core Security is a company based in Boston (United States) founded in 1996 was acquired by HelpSystems in February 2019.. Core Security has raised $11 million across 3 funding rounds from investors including Morgan Stanley, Saratoga Investment and Courion. The company has 73 employees as of December 31, 2022. Core Security operates in a competitive market with competitors including CyberArk, SailPoint, Imprivata, BeyondTrust and Saviynt, among others.
- Headquarter Boston, United States
- Employees 73 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Morgan Stanley
& 3 more
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Employee Count
73
as on Dec 31, 2022
- Acquired by
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Funding Insights of Core Security
Core Security has successfully raised a total of $11M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(11 Apr 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series B - Core Security | Valuation |
investors |
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| Oct, 2008 | Amount | Series B - Core Security | Valuation |
investors |
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| Apr, 2005 | Amount | Series A - Core Security | Valuation |
investors |
| 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 Core Security
Core Security has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Saratoga Investment and Courion. 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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Private equity investment firm investing in the US
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Founded Year | Domain | Location | |
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Wealth management, investment advisory, and financial services are provided.
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Founded Year | Domain | Location | |
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Identity governance and access management solutions are provided.
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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 Core Security
| 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 |
Financial Statements - Core Security
| 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 |
Core Security Comparisons
Competitors of Core Security
Core Security 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 CyberArk, SailPoint, Imprivata, BeyondTrust and Saviynt, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Identity security solutions are provided to secure identities across infrastructures.
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| domain | founded_year | HQ Location |
Cloud based identity governance and administration software
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| domain | founded_year | HQ Location |
Cloud-based authentication and secure communication solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based privileged IAM solutions are delivered for secure access control.
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| domain | founded_year | HQ Location |
Cloud-based identity governance and access management solutions are offered.
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| domain | founded_year | HQ Location |
Platform that features in customer identity and access management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Core Security
Frequently Asked Questions about Core Security
When was Core Security founded?
Core Security was founded in 1996 and raised its 1st funding round 9 years after it was founded.
Where is Core Security located?
Core Security is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Core Security a funded company?
Core Security is a funded company, having raised a total of $11M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Apr 11, 2005.
How many employees does Core Security have?
As of Dec 31, 2022, the latest employee count at Core Security is 73.
What does Core Security do?
Vulnerability detection using penetration testing and access management. It provides access and vulnerability management solution for financial services, healthcare, government, and other enterprises. It develops a penetration test which is a proactive and authorized attempt to evaluate the security of an IT infrastructure by safely attempting to exploit system vulnerabilities, including OS, service and application flaws, improper configurations, and even risky end user behavior. It offers integrated IAM solutions that ensured informed provisioning, continuous compliance, and analytics. The modules are the password, access, compliance, and provisioning. It scans the user access, identity and various other transactions to provide an actionable insight, by eliminating risks and compliance.
Who are the top competitors of Core Security?
Who are Core Security's investors?
Core Security has 4 investors. Key investors include Morgan Stanley, Saratoga Investment, Courion, and HelpSystems.
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