Zimperium
| Company type | Private |
|---|---|
| Industry | Mobile security, Computer security software |
| Founded | 2010 |
| Founder | Itzhak Avraham, Elia Yehuda |
| Headquarters | Dallas , United States |
| Products | zIPS (Android intrusion prevention system) |
| Owner | Liberty Strategic Capital (majority), SoftBank Corp. (minority) |
| Parent | Liberty Strategic Capital |
Zimperium, Inc. is a privately held company specializing in mobile security, with its main office located in Dallas, Texas. The firm provides a mobile security solution tailored for corporate settings.
History
Established in 2010 by Chairman and CTO Itzhak Avraham, Zimperium was joined by co-founder Elia Yehuda in 2011 and officially incorporated in Delaware in 2013. The company introduced zIPS in 2014, an Android intrusion prevention system that leverages Machine learning to identify and block smartphone attacks. By 2015, Zimperium had created protective measures against the Stagefright (bug) vulnerability impacting Android devices.
In 2016, Zimperium formed a collaboration with BlackBerry to embed zIPS technology, enhancing mobile security across both iOS and Android platforms. The organization has secured over $60 million in funding from investors such as Samsung, Telstra, Sierra Ventures, SoftBank, and Warburg Pincus. Its strategic alliances include partnerships with Softbank Group, Deutsche Telekom, Oracle, Microsoft, Trellix, SentinelOne, and Ivanti.
July 2021 saw Zimperium's acquisition of whiteCryption, a company specializing in application shielding and cryptographic key protection, purchased from a consortium led by Intertrust.
In March 2022, Liberty Strategic Capital completed the acquisition of Zimperium for around $525 million. This private equity firm, chaired by former U.S. Treasury Secretary Steven T. Mnuchin who also leads its board, obtained majority ownership. Meanwhile, SoftBank Corp., an investor since 2017, continues to hold a minority share.