Company:Zimperium

From HandWiki
Short description: American mobile security company
Zimperium
TypePrivate
IndustryMobile security, endpoint protection, application security
Founded2010
FoundersItzhak Avraham, Elia Yehuda
Headquarters
Dallas
,
U.S.
Key people
Shridhar Mittal (CEO)
Websitewww.zimperium.com

Zimperium, Inc. is a privately owned mobile security company based in the United States and headquartered in Dallas, Texas.[1][2] Zimperium provides a mobile security platform purpose-built for enterprise environments.

History

Zimperium, Ltd. was founded in 2010 by its Chairman and CTO Itzhak Avraham.[3][4] In 2011, Elia Yehuda, joined as a co-founder. In 2013, the assets of Zimperium, Ltd. were acquired by Zimperium, Inc., and the new company was incorporated in Delaware. In 2014, Zimperium, Inc. released zIPS Android app (Intrusion Prevention System), a smartphone software that uses Machine learning to monitor user habits to detect and prevent possible Phone hacking.[5] In 2015, Zimperium, Inc. researched and developed security systems against a group of software bugs that affect a series of Android operating systems called Stagefright (bug).[6][7][8]

In 2016, the company partnered with BlackBerry. The partnership consisted in integration of zIPS by Zimperium for enhancing Mobile security on iOS and Android platforms.[9][10] Zimperium, Inc. has raised over $60M from private investors including Samsung, Telstra, Sierra Ventures, SoftBank and Warburg Pincus.[11][12] The company has partnered with several technology companies including Softbank Group, Deutsche Telekom, Telstra, SmarTone, Oracle, Microsoft, Trellix, SentinelOne, and Ivanti,[13]

In July 2021, Zimperium acquired whiteCryption,[14] a provider of application shielding and cryptographic key protection.  Zimperium acquired whiteCryption from an investment group led by Intertrust.[15]

In March 2022, Zimperium was acquired for approximately $525 million[16] by Liberty Strategic Capital, a private equity firm founded and led by former U.S. Secretary of the Treasury Steven T. Mnuchin. With this investment, Liberty Strategic Capital acquired a controlling interest in Zimperium and Secretary Mnuchin chaired the company's board of directors. SoftBank Corp., which has been an investor in Zimperium since 2017, continued as a minority investor.

See also

References

  1. "Zimperium". Bloomberg. https://www.bloomberg.com/profile/company/0925736D:US. 
  2. "At least 10 million Android users imperiled by popular AirDroid app". Arstechnica. 2 December 2016. https://arstechnica.com/security/2016/12/at-least-10-million-android-users-imperiled-by-popular-airdroid-app/. 
  3. "BlackBerry to Resell App from Startup That Found Major Android Bug". Fortune. http://fortune.com/2016/09/21/blackberry-resell-zimperium-app/. 
  4. "Zimperium Raises $25M for Mobile Security Tech". eWeek. http://www.eweek.com/security/zimperium-raises-25m-for-mobile-security-tech.html. [yes|permanent dead link|dead link}}]
  5. "Mobile Software Learns Your Phone's Habits to Catch New Malware". Technology Review. https://www.technologyreview.com/s/523831/mobile-software-learns-your-phones-habits-to-catch-new-malware/. 
  6. "Zimperium releases Android Stagefright exploit code for testing". SC Magazine. 10 September 2015. https://www.scmagazine.com/zimperium-releases-android-stagefright-exploit-code-for-testing/article/533767/. 
  7. "Stagefright: It Only Takes One Text To Hack 950 Million Android Phones". Forbes. https://www.forbes.com/sites/thomasbrewster/2015/07/27/android-text-attacks/#1d5b924f715c. 
  8. Hern, Alex (28 July 2015). "Stagefright: new Android vulnerability dubbed 'heartbleed for mobile'". The Guardian. https://www.theguardian.com/technology/2015/jul/28/stagefright-android-vulnerability-heartbleed-mobile. 
  9. "BlackBerry Teams With Zimperium on Mobile Threat Protection". Security Week. 21 September 2016. http://www.securityweek.com/blackberry-teams-zimperium-mobile-threat-protection. 
  10. "BlackBerry Aims to Increase Mobile Security, Partners With Zimperium". Solutions Review. 27 September 2016. http://solutionsreview.com/mobile-device-management/blackberry-aims-to-increase-mobile-security-partners-with-zimperium/. 
  11. "Zimperium Raises $8M For Mobile Security That Turns The Tables On Attackers". TechCrunch. 20 December 2013. https://techcrunch.com/2013/12/20/zimperium-raises-8m-for-mobile-security-that-turns-the-tables-on-attackers/. 
  12. "Mobile security startup Zimperium scores $25 million". TechCrunch. 7 June 2016. https://venturebeat.com/2016/06/07/mobile-security-startup-zimperium-scores-25-million/. 
  13. "SoftBank partners with Zimperium to offer mobile security solutions in Japan". ZDNET. http://www.zdnet.com/article/softbank-partners-with-zimperium-to-offer-mobile-security-solutions-in-japan/. 
  14. "Zimperium Acquires Mobile Application Security Pioneer whiteCryption" (in en-US). 2021-07-27. https://www.zimperium.com/resources/press-releases/zimperium-acquires-mobile-application-security-pioneer-whitecryption/. 
  15. "Building Trust for a Connected World – Intertrust Technologies" (in en-US). https://www.intertrust.com/. 
  16. "Zimperium to be Acquired by Liberty Strategic Capital for Approximately $525 Million to Accelerate Mission of Strengthening Mobile Security Worldwide" (in en-US). 2022-03-28. https://www.zimperium.com/resources/press-releases/zimperium-acquired-by-liberty-strategic-capital/.