Checkmarx

Cloud-Native AppSec Platform

Cyber Security
Acquired by Hellman & Friedman
Acquired Ramat Gan Founded 2006
Total raised
$98.5M
Last: Series C 2015-06
Stage
Acquired
Founded
2006
Headcount
990
HQ
Ramat Gan
Sector
Cyber Security

About

Checkmarx provides application security solutions. Its static application security testing offers a platform for true source code analysis at any point throughout the software development lifecycle. This allows for the detection of vulnerabilities at an earlier, pre-build stage, thereby reducing risk and cost.

The Checkmarx solution is designed to decrease tension between security and development needs and to ensure maximum application security in enterprise and cloud platform models.

Checkmarx was a challenger in the 2014 Gartner Magic Quadrant for Application Security Testing and was named in 15 Israeli Startups to Watch in 2016 by Inc. Magazine. In 2018, 2019, 2020, and 2022, the company was recognized as a leader in Gartner's Magic Quadrant for Application Security Testing.

Funding history · 3 rounds · $98.5M total

2015-06
Series C $84.0M
2012-11
Series B $8.0M
2011-10
Series A $6.5M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Checkmarx acquired and by whom?
Checkmarx was acquired by Hellman & Friedman in March 2020 for $1.15 billion.
What was the total amount of funding raised by Checkmarx before its acquisition?
Checkmarx raised a total of $98.5 million across multiple funding rounds.
Which investor led Checkmarx's Series C funding round?
Insight Partners led Checkmarx's Series C funding round in June 2015.
What was a significant operational development for Checkmarx in November 2022?
In November 2022, Checkmarx cut 10% of its workforce.
When did Checkmarx acquire the security education firm Codebashing?
Checkmarx acquired the security education firm Codebashing in July 2017.
What was a key product development for Checkmarx in October 2023?
In October 2023, Checkmarx released Version 3.0 of its AI-Powered Checkmarx One Enterprise AppSec Platform.
What recognition did Checkmarx receive from Gartner in 2022?
Checkmarx was recognized as a leader in Gartner's Magic Quadrant for Application Security Testing in 2022, and also as a 2022 Gartner Peer Insights Customers' Choice for Application Security Testing for the fourth consecutive year.
What was a notable partnership announced by Checkmarx in October 2023?
In October 2023, Checkmarx announced a technology partner program to enable a code-to-cloud enterprise AppSec ecosystem.
When did Checkmarx introduce Codebashing 2.0?
Checkmarx introduced Codebashing 2.0 in July 2023, featuring a new gamified user interface.
Who was appointed as the new CEO of Checkmarx in February 2023?
Sandeep Johri was appointed as CEO of Checkmarx in February 2023, with co-founder Emmanuel Benzaquen continuing on the Board of Directors.

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityApplication & Website Security
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesSoftware DevelopmentEnterprises
Business model
B2B

Highlights

1 Patents

Tags

developersdata-analyticscyber-securityapplication-securitysoftware-testingapp-developmentthreat-intelligencecompliancevulnerability-assessmentsecure-codingpenetration-tests