Checkmarx was founded in 2006 by Maty Siman and Emmanuel Benzaquen.[3][1]
In 2017, Checkmarx acquired Codebashing to add AppSec training.[4] The following year, it acquired Custodela, DevSecOps consulting firm.[5][6]
Checkmarx was acquired in April 2020 by Hellman & Friedman, a private equity firm with headquarters in San Francisco.
In August 2021, Checkmarx acquired Dustico, a software that detects backdoors and malicious attacks in the software supply chain.[7][8]
In 2023, founder Emmanuel Benzaquen stepped down as CEO and was succeeded by Sandeep Johri.'[9]
Research
Checkmarx maintains a research division, Checkmarx Zero, that has published findings on vulnerabilities and software supply chain risks:
In 2019, researchers disclosed flaws in Google and Samsung Android camera apps that could enable remote surveillance.[10]
In 2022, Ars Technica reported a flaw in the Ring Android app that exposed sensitive user data.[11]
In 2025, Checkmarx reported malicious Python packages on PyPI designed to exfiltrate data.[12]
In 2025, Cybersecurity Dive reported survey data from Checkmarx indicating that 98% of organizations experienced breaches linked to software flaws.[13]
In 2025, ITProToday covered research warning that AI-generated code creates "blind spots" in DevSecOps.[14]
Independent reporting on Checkmarx research also examined manipulation risks in AI coding agents via a "lies-in-the-loop" technique,[15] alongside broader supply-chain findings in public repositories.[16] Survey reporting highlighted that most organizations experienced breaches tied to vulnerable code amid growing adoption of AI development tools.[17]
Funding
Checkmarx's early investors include Salesforce, which remains a partner as Checkmarx provides security reviews for the Salesforce AppExchange.[18][19][20] In 2015, U.S. private equity and venture capital firm Insight Partners acquired Checkmarx for $84 million.[20][1][3]
In April 2020, private equity firm Hellman & Friedman, alongside private investment firm TPG,[21] acquired Checkmarx for $1.15 billion.[1][3][22] After the acquisition, Insight Partners retained a minority interest in the company.[1][23]
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