iViZ Security

Bengaluru, India Founded: 2005 • Age: 21 yrs Minicorn Acquired By Cigital
Cloud-based penetration testing and application security services are offered.

About iViZ Security

iViZ Security is a company based in Bengaluru (India) founded in 2005 by Ambuj Kumar was acquired by Cigital in October 2014. iViZ Security has raised $5.76 million across 3 funding rounds from investors including Cigital, Chiratae Ventures and AKM. The company has 262 employees. iViZ Security operates in a competitive market with competitors including Checkmarx, Snyk, Bugcrowd, Veracode and Synack, among others.

Key Metrics
  • Annual Revenue
    ₹83.91 Cr

    FY 2024 · -4% YoY

  • Net Profit
    ₹9.19 Cr

    FY 2024 · 11% margin

  • EBITDA
    ₹15.63 Cr

    FY 2024 · 19% margin

  • Total Equity Funding
    $5.76M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.46M (USD), Seed

    Jul 2009

  • Investors
    Cigital

    & 2 more

  • Employee Count
    262
  • Acquired by
    Cigital

    (Oct 2014)

Funding Insights of iViZ Security

iViZ Security has successfully raised a total of $5.76M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.46 million completed in July 2009. 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 $5.76M
  • Total Rounds 3
  • Last Round Seed β€” $2.46M
  • First Round $800,000

    (Oct 2005)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2009$2.46MSeed$7.74MChiratae Ventures
–
Dec 2007$2.5MSeed$5.02MChiratae Ventures
Oct 2005$800,000Angel Round––
–
Valuation history
DateValuationStage
Jul 2009$7.74Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2007$5.02Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $7.74M (Jul 2009). 3 investors in total: 3 institutional.

Investors in iViZ Security

iViZ Security has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cigital, Chiratae Ventures and AKM.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on seed-stage startups
–chiratae.comBengaluru, India
Provider of software development, ERP management, and IT consulting services
–akmsystems.comKarachi, Pakistan
Web and mobile application security solutions are delivered by Cigital.
1992cigital.comMountain View, United States
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Investor details for iViZ Security

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Board of directors of Black Duck Software India Private Limited (iViZ Security)

Black Duck Software India Private Limited is the primary company behind iViZ Security. The board of Black Duck Software India Private Limited currently have 2 directors; the longest-serving is Joy Marie Burkholder Meier, appointed in 2024. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Joy Marie Burkholder Meier
DIN 10790221
Director30 Sep 20242 yrsBlack Duck Software India Private Limited
Rajeev Kumar
DIN 11181924
Additional Director09 Jul 20251 yr 3 moBlack Duck Software India Private Limited

People of iViZ Security

1 people are tracked at iViZ Security (1 in leadership); the tracked headcount is 262.

NameRoleGroup
Ambuj Kumar
Co-Founder & CSOLeadership
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Complete people profiles for iViZ Security

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Financials of iViZ Security

Figures of Black Duck Software India Private Limited, the primary company behind iViZ Security, for FY 2024. Revenue was ₹83.91 Cr (-4% year on year). Net profit was ₹9.19 Cr (11% margin). EBITDA was ₹15.63 Cr (19% margin). Revenue has grown at a compounded annual rate of +26% over three years and +13% over five years.

  • ₹83.91 CrRevenue · FY 2024 · -4% YoY
  • ₹9.19 CrNet profit · 11% margin
  • ₹15.63 CrEBITDA · 19% margin
  • ₹2.87 CrPaid-up capital
  • 262Employees (provident fund records)
  • +26%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Black Duck Software India Private Limited are on its company page.

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Detailed financial statements for iViZ Security

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Timeline of iViZ Security

5 dated milestones of iViZ Security across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded iViZ Security is founded.
  2. Funding First funding round of $800K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $2.5M.
  5. Exit Acquired by Cigital.

Competitors of iViZ Security

iViZ 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 Checkmarx, Snyk, Bugcrowd, Veracode and Synack, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
checkmarx.com2006Atlanta, United States$98.5M161
Security testing software is provided for code vulnerability detection.
snyk.io2015Boston, United States$1.32B1,444
Application security is delivered via a cloud-based developer platform.
bugcrowd.com2012San Francisco, United States$183.69M131
Crowdsourced penetration testing for web applications is provided.
veracode.com2006Burlington, United States$106.88M692
AI-powered testing software for securing applications is offered.
synack.com2013San Francisco, United States$107.58M182
Crowdsourced vulnerability discovery and security testing are provided via platform.
hackerone.com2012San Francisco, United States$159.4M63
AI powered security testing platform
cobalt.io2013San Francisco, United States$37.55M–
Application security testing is delivered via a cloud-based platform.
semgrep.dev2017San Francisco, United States$193M–
Code analysis and review are provided through an AI-powered platform.
pentera.io2015Burlington, United States$249.25M–
Cloud-based penetration testing solutions are provided for cybersecurity validation.
stackhawk.com2019Denver, United States$47.35M–
Cloud based security testing software
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Detailed competitors of iViZ Security

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Verified entity values are shown only after access is granted.

Web traffic of iViZ Security

Websites that share an audience with iViZ Security (ivizsecurity.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
en.wikipedia.org
en.wikipedia.org
100%
–––
netcraft.com
96%
191.4K#196,369View details

Latest news on Iviz Security

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Complete news archive for iViZ Security

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Verified entity values are shown only after access is granted.

Similar companies to iViZ Security

10 companies that operate in the same segment as iViZ Security (Programming & Software Development Tools), 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 748.75 M––
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B2,810
Automated usability testing and feedback for mobile experiences is provided.
2007San Francisco, California, United StatesUSD 148.5 MUSD 21.68 M557
Crowdsourced testing platforms are offered for software quality assurance.
1966Framingham, Massachusetts, United StatesUSD 115.9 M––
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Cloud-based whiteboarding software is provided for team collaboration and communication.
2011San Francisco, California, United StatesUSD 501.3 M––
Security testing software is provided for code vulnerability detection.
2006Atlanta, Georgia, United StatesUSD 98.5 MUSD 3.35 M38
Honeycomb is recognized for providing observability solutions for distributed services.
2016San Francisco, California, United StatesUSD 144.9 M––
Cloud based suite of software testing solutions
2011Mumbai, Maharashtra, IndiaUSD 253.3 MUSD 75.19 M926
Cloud-based cross-browser testing services are provided for web applications.
2017San Francisco, California, United StatesUSD 108.4 MUSD 693.97 K48
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Frequently Asked Questions about iViZ Security

iViZ Security was founded in 2005.

iViZ Security is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

iViZ Security is a funded company, having raised a total of $5.76M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $800K, raised on Oct 2005.

iViZ Security has 262 employees.

The primary company behind iViZ Security, Black Duck Software India Private Limited, reported revenue of β‚Ή83.91 Cr for FY 2024, down 4% year on year.

iViz Security is an information security company offering cloud-based application security and penetration testing for audit risk management and compliance for standards such as SOX, PCI, HIPAA. iViz user portal provides software security through on-demand scheduling of test and analytics dashboards to view test results. Services are available as a subscription-based model along with unlimited application penetration testing and business logic testing. Operates as a wholly-owned subsidiary of Cigital and continues to sell application testing services in India, the Middle East, and parts of Asia.

iViZ Security's top competitors include Checkmarx, Snyk and HackerOne.

iViZ Security has 3 investors. Key investors include Cigital, Chiratae Ventures, and AKM.

The valuation of iViZ Security is $7.74M as of Jul 2009.

iViZ Security operates through Black Duck Software India Private Limited.

Yes. iViZ Security was acquired by Cigital in October 2014.

The legal entities of iViZ Security currently have 2 directors, including Rajeev Kumar, Joy Marie Burkholder Meier.

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