Mayhem Security

Pittsburgh, United States Founded: 2012 • Age: 14 yrs Acquired By Bugcrowd
Automated security testing for code and APIs is conducted.
Annual revenue - Latest available
Total funding $38.0M 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Mayhem Security

Mayhem Security is a company based in Pittsburgh (United States) founded in 2012 by David Brumley and Thanassis Avgerinos was acquired by Bugcrowd in November 2025. It operates as a SaaS (Software-as-a-Service) and Managed Services. Mayhem Security has raised $37.95 million across 4 funding rounds from investors including Bugcrowd, Koch Disruptive Technologies and NEA. Mayhem Security offers products and services including Code Security, API Security, and Dynamic SBOM. Mayhem Security operates in a competitive market with competitors including Checkmarx, Snyk, Bugcrowd, Veracode and F5 Networks, among others.

  • Headquarter Pittsburgh, United States
  • Founders David Brumley, Thanassis Avgerinos
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Forallsecure
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $37.95 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.25 M (USD), Series B

    May 17, 2024

  • Investors
    Bugcrowd

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Bugcrowd

    (Nov 04, 2025)

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Products & Services of Mayhem Security

Mayhem Security offers a comprehensive portfolio of products and services, including Code Security, API Security, and Dynamic SBOM.

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Primary

Vulnerabilities are pinpointed for rapid remediation in applications.

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Continuous verification is provided for API security testing.

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Security alerts are reduced by focusing on critical issues.

People of Mayhem Security

Headcount 10-50
Employee Profiles 7
Board Members and Advisors 12
Employee Profiles
People
David Brumley
Co-Founder, Chairman & CEO
People
Maxwell Koo
Director Of Engineering
People
Aleksander Bruer
Director Of Solutions Engineering
People
Dan Forbes
Customer Solutions Engineer

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Board Members and Advisors
people
Aaron Jacobson
Director
people
Forest Baskett
Observer
people
Navin Maharaj
Director
people
Lane Bess
Advisor

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Funding Insights of Mayhem Security

Mayhem Security has successfully raised a total of $37.95M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.25 million completed in May 2024. 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.

Investors in Mayhem Security

Mayhem Security has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Bugcrowd, Koch Disruptive Technologies and NEA.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
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Multiple sectors are invested in by the venture capital firm.
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Crowdsourced penetration testing for web applications is provided.
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Investor details for Mayhem Security

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Investments & Acquisitions by Mayhem Security

Investments
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Investment portfolio details for Mayhem Security

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  • Transaction dates
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Financial Statements - Mayhem Security

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Detailed financials for Mayhem Security

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  • Profit trends
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Mayhem Security Comparisons

Mayhem Security Primary company
Description
Automated security testing for code and APIs is conducted.
Location
Pittsburgh, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Mayhem Security

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Competitors of Mayhem Security

Mayhem 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 F5 Networks, among others.

Company Name Domain Founded year HQ Location Description
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Security testing software is provided for code vulnerability detection.
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Application security is delivered via a cloud-based developer platform.
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Crowdsourced penetration testing for web applications is provided.
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AI-powered testing software for securing applications is offered.
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Cloud-based ADC networking solutions are provided for application delivery.
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Crowdsourced vulnerability discovery and security testing are provided via platform.
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Detailed competitors of Mayhem Security

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Latest news on Mayhem Security

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Complete news archive for Mayhem Security

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Frequently Asked Questions about Mayhem Security

Mayhem Security was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Mayhem Security is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

David Brumley is the current CEO of Mayhem Security. They have also founded this company.

Mayhem Security is a funded company, having raised a total of $37.95M across 4 funding rounds to date.

Automated security testing solutions for code and APIs are offered by Mayhem Security. Services are focused on industries such as enterprise, aerospace, automotive, federal, and medical sectors. Vulnerabilities are pinpointed with zero false positives using AI-powered fuzz testing and symbolic execution. Compliance with standards like NIST SSDF and ISO 21434 is supported. Integration with development tools like GitHub and Jenkins is enabled for seamless workflows.

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

Mayhem Security offers Code Security, API Security, and Dynamic SBOM.

Mayhem Security has 3 investors. Key investors include Bugcrowd, Koch Disruptive Technologies, and NEA.

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