 | |
| Company type | Private |
|---|---|
| Industry | Mobile security, endpoint protection, application security |
| Founded | 2010 |
| Founders | Itzhak Avraham, Elia Yehuda |
| Headquarters | , U.S. |
Key people | Shridhar Mittal (CEO) |
| Website | www |
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.
Zimperium, Ltd. was founded in 2010 by its Chairman and CTO Itzhak Avraham (aka Zuk, ihackbanme). [3] [4] In 2011, Elia Yehuda (z4ziggy), [5] 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. [6] 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). [7] [8] [9]
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. [10] [11] Zimperium, Inc. has raised over $60M from private investors including Samsung, Telstra, Sierra Ventures, SoftBank and Warburg Pincus. [12] [13] The company has partnered with several technology companies including Softbank Group, Deutsche Telekom, Telstra, SmarTone, Oracle, Microsoft, Trellix, SentinelOne, and Ivanti, [14]
In July 2021, Zimperium acquired whiteCryption, [15] a provider of application shielding and cryptographic key protection. Zimperium acquired whiteCryption from an investment group led by Intertrust. [16]
In March 2022, Zimperium was acquired for approximately $525 million [17] 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.