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Zimperium

From Wikipedia, the free encyclopedia
Zimperium
Company typePrivate
IndustryMobile security, endpoint protection, application security
Founded2010
FoundersItzhak Avraham, Elia Yehuda
Headquarters,
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

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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

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References

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  1. ^ "Zimperium". Bloomberg.
  2. ^ "At least 10 million Android users imperiled by popular AirDroid app". Arstechnica. 2 December 2016.
  3. ^ "BlackBerry to Resell App from Startup That Found Major Android Bug". Fortune.
  4. ^ "Zimperium Raises $25M for Mobile Security Tech". eWeek.[permanent dead link]
  5. ^ "Mobile Software Learns Your Phone's Habits to Catch New Malware". Technology Review.
  6. ^ "Zimperium releases Android Stagefright exploit code for testing". SC Magazine. 10 September 2015.
  7. ^ "Stagefright: It Only Takes One Text To Hack 950 Million Android Phones". Forbes.
  8. ^ Hern, Alex (28 July 2015). "Stagefright: new Android vulnerability dubbed 'heartbleed for mobile'". The Guardian.
  9. ^ "BlackBerry Teams With Zimperium on Mobile Threat Protection". Security Week. 21 September 2016.
  10. ^ "BlackBerry Aims to Increase Mobile Security, Partners With Zimperium". Solutions Review. 27 September 2016.
  11. ^ "Zimperium Raises $8M For Mobile Security That Turns The Tables On Attackers". TechCrunch. 20 December 2013.
  12. ^ "Mobile security startup Zimperium scores $25 million". TechCrunch. 7 June 2016.
  13. ^ "SoftBank partners with Zimperium to offer mobile security solutions in Japan". ZDNET.
  14. ^ "Zimperium Acquires Mobile Application Security Pioneer whiteCryption". Zimperium. 2021-07-27. Retrieved 2022-03-22.
  15. ^ "Building Trust for a Connected World – Intertrust Technologies". www.intertrust.com. Retrieved 2022-03-22.
  16. ^ "Zimperium to be Acquired by Liberty Strategic Capital for Approximately $525 Million to Accelerate Mission of Strengthening Mobile Security Worldwide". Zimperium. 2022-03-28. Retrieved 2022-03-29.