Zimperium News
23 articles
Zimperium Reveals Details Of A Newly Discovered Android Threat Campaign That Has Been Stealing Facebook Credentials
Mobile Banking Heists On The Rise Worldwide: New Research from Zimperium Illuminates Growing Risk of Trojan Horse Malware
Zimperium and Carahsoft Partner to Provide Mobile Security Protection to the Public Sector
Mnuchin's Liberty Fund buys control of Zimperium for $525m
Liberty Strategic Capital, led by Steve Mnuchin, has acquired control of Zimperium, a mobile security solutions company, for $525 million. Zimperium, founded in Israel, provides cybersecurity for mobile phones and has served the US Department of Defense and J.P. Morgan. The acquisition marks the largest investment by Mnuchins fund and highlights the growth of Zimperium, which saw a 53% increase in revenue in 2021. The company will continue to be managed from Dallas, Texas, and its existing investors, including Warburg Pincus, Samsung Next, and SoftBank, will retain a minority stake. Zimperiums founder, Zuk Avraham, will focus on a new startup called ZecOps.
Acquisition
Liberty Strategic Capital nabs majority stake in mobile security startup Zimperium for $525M
Private equity firm Liberty Strategic Capital is acquiring a majority stake in mobile security startup Zimperium for $525 million. Zimperium focuses on device security, mobile applications security, and mobile threat intelligence. The company has shown significant growth, with annual recurring revenue (ARR) increasing by 53%. The investment from Liberty Strategic Capital is expected to drive further growth. SoftBank will also own a minority stake in Zimperium. The transaction is set to close in the next few months. Zimperium was founded in 2011 and has raised a total of $72 million in funding.
Acquisition
Zimperium Names Proven Finance and Operations Leader, Brian Szeto, Chief Financial Officer
DISA Awards Zimperium Mobile Threat Defense (MTD) Mobile Endpoint Protection Production OTA
Zimperium to Integrate Mobile Threat Data into Microsoft Defender Advanced Threat Protection
Zimperium Provides Next Generation Mobile Threat Defense with Samsung Knox in Time for 5G Proliferation
Zimperium Named "Overall Mobile Security Company of the Year" in 2018 CyberSecurity Breakthrough Awards
Zimperium, a global leader in mobile threat defense (MTD), has been named the Overall Mobile Security Company of the Year by the CyberSecurity Breakthrough Awards. The awards recognize top companies, technologies, and products in the global information security market. Zimperiums on-device, machine learning-based detection protects mobile devices and data at machine speed, without the delays and limitations of cloud-based detection. The companys patented machine learning technology has detected every zero-day mobile exploit without requiring an update.
Customers
Zimperium Selected to the "GSMA 100"
Zimperium Finishes First Six Months of 2018 with Record Growth, New Strategic Partnerships and Numerous Product Innovations
Mobile Security Company Zimperium Acquires Mi3 Security
Zimperium Inc., a San Francisco-based mobile security company, has acquired Mi3 Security Inc., a smaller startup in the same industry. The terms of the deal were not disclosed. Zimperium plans to combine their teams and integrate their technologies to offer stronger cyber threat detection and security for mobile phones.
Acquisition
Zimperium Wins Two InfoSec Awards
Zimperium Advances State of Mobile Security with Zimperium 5.0
Zimperium has announced the latest version of its enterprise mobile threat defense platform, Zimperium 5.0. The new capabilities allow customers to detect and prevent more threats with minimal organizational friction. The platform includes features such as anti-phishing protection, domain-based remediation, BlueBorne vulnerability detection, multiple EMM support, and group-based policies. Zimperium 5.0 is designed to meet the needs of the enterprise and offers on-device, machine learning-based detection. The company continues to be selected by enterprises and government agencies worldwide due to its operational benefits and deployment options. Zimperium is a global leader in mobile security and is backed by investors such as Sierra Ventures, Samsung, Telstra, Warburg Pincus, and SoftBank.
CustomersPartners
Mobile Cyber Startup Zimperium Builds Executive Team with New Hire
Zimperium Inc. has appointed Eric Grotefeld as chief revenue officer. Grotefeld is a Swiss angel investor and former executive at CA Technologies. Zimperium is a mobile security company that develops cybersecurity software for iOS and Android devices. The company has raised $60 million from investors including SoftBank Group Corporation, Warburg Pincus LLC, and Samsung NEXT. Grotefeld emphasized the ongoing threat that unsecured mobile devices pose to organizations and the need for cybersecurity measures.
Management Changes
Mobile security co Zimperium raises $12m
Mobile security company Zimperium has closed a $12 million Series B financing round led by Telstra and including TOYO Corporation. The investment will support Zimperiums expansion and technological innovation in the fight against cybercrime, as well as help scale operations and support its growing customer base. Zimperium provides mobile threat defense and protection against WiFi, cellular, and host-based cyber-attacks for iOS and Android devices. The company previously raised $8 million in its Series A financing round in 2013. The mobile device security market is expected to reach $3.4 billion in 2018. Telstras chief information security officer emphasized the importance of mobile security solutions in companies cybersecurity strategies.
InvestmentCustomers
Zimperium raises $15m from Japan's Softbank
Israeli cyber security company Zimperium Inc. has raised $15 million from Japans Softbank, bringing their total funding to $60 million. Zimperium provides a mobile threat management platform for continuous and real-time cyber threat protection for mobile devices and applications. The company was founded in 2010 and is headquartered in San Francisco with offices in Tel Aviv.
Investment
Mobile security startup Zimperium scores $25 million
Zimperium, a security company, has raised a $25 million investment led by Warburg Pincus. The capital will be used to expand Zimperiums global reach and add new partnerships to its ecosystem. The series C round brings the total funds raised by Zimperium to $45 million.
Investment
Zimperium Adds Self-Protecting Apps To Its Mobile Security Solution Platform
Zimperium, Inc. has announced the release of its 3.0 Mobile Threat Protection suite, which includes a new product called zIAP. The suite aims to provide continuous and real-time cyberthreat protection for mobile devices and applications. With the increasing use of mobile devices in the workplace and the rise of Android and iOS vulnerabilities, enterprises are recognizing the need for mobile cyberattack protection. Zimperiums solution offers comprehensive mobile security and self-protecting apps, with features such as an administrator dashboard, simplified threat guidance, enhanced integrations, iOS malware detection, and device risk assessment. The company has received investments from Samsung, Telstra, and Sierra Ventures. Zimperiums Mobile Threat Protection suite is being showcased at Mobile World Congress and RSA Conference.
CustomersPartners
BlackBerry and Zimperium Partner to Provide Trusted Mobile Threat Protection for Enterprise and Government Customers
BlackBerry Limited and Zimperium, Inc. have partnered to deliver comprehensive mobile threat detection, risk analysis, and prevention for enterprise and government customers. Zimperiums zIPS integrates with BlackBerrys Good Dynamics Secure Mobility Platform and BES12 to protect against network, device, and application mobile attacks on corporate apps and data. The partnership aims to safeguard valuable corporate data and provide immediate access to data for mobile employees. Zimperiums solution identifies and classifies zero-day attacks, while BlackBerrys enterprise mobility management controls and policies enable immediate remediation. The partnership is expected to contribute to the growth of BlackBerry in securing and mobilizing the enterprise.
Partners
Zimperium Updates Its Security Suite To Protect Employees' iOS Devices From Cyberattacks
Zimperium has updated its Mobile Threat Defense Suite to 2.0, introducing the zIPS app for iOS devices. The app uses machine-learning technology to detect unknown and known threats by understanding device usage patterns. While currently focused on protecting enterprises, Zimperium plans to release the app to the public in the future. The company has also partnered with Samsung, with Zimperiums Android apps being added to Samsungs KNOX 2.0 marketplace. Zimperium raised $8 million from Sierra Ventures and is backed by Samsung.
PartnersInvestment
Zimperium Raises $8M For Mobile Security That Turns The Tables On Attackers
Zimperium, a mobile security company, has raised $8 million in funding from Sierra Ventures. The company aims to protect users from hacker attacks, particularly in public networks like airports. Zimperium has a mobile app called zAnti that allows users to test networks for vulnerabilities. The company also has a secret project in development to counter hackers, which involves hiring more hackers. Zimperiums CEO, Itzhak Zuk Avraham, who has a background in the Israeli Defense Forces, claims that the project will be able to stop attacks like Stuxnet. With the growing importance of mobile security, Zimperium aims to establish itself as a leading player in the industry.
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