Corellium

Corellium

Virtual hardware solutions for mobile and IoT

About

Corellium provides a platform for virtual hardware solutions that allows developers, security researchers, and educators to create, test, and analyze mobile and IoT devices without needing physical hardware. This service is beneficial for various clients, including businesses for DevOps and security testing, government agencies for cybersecurity research, and educational institutions for teaching purposes. Corellium operates on a subscription-based model, offering additional services like technical support and training, and stands out by providing private cloud deployment options for clients with high-security needs. The company's goal is to enhance mobile security and development through efficient virtual environments.

Company Stage

Series A

Employees

51-200

Industries

Robotics & Automation, Enterprise Software, Cybersecurity, Education

Total Funding

$24.3M

Headquarters

Boynton Beach, Florida

Founded

2017


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Simplify's Take

What believers are saying

  • Rising demand for virtual testing due to remote work boosts Corellium's market potential.
  • 5G expansion increases the need for advanced testing platforms like Corellium's.
  • Growing interest in cybersecurity education enhances Corellium's virtual learning platform appeal.

What critics are saying

  • Emerging competitors with similar ARM-based solutions may threaten Corellium's market share.
  • Potential legal challenges from tech giants could impact Corellium's operations.
  • Economic downturns may reduce IT budgets, affecting Corellium's subscription-based model.

What makes Corellium unique

  • Corellium offers unique ARM-based mobile device virtualization with a custom-built hypervisor.
  • The platform supports real-world accuracy and high performance for mobile app security testing.
  • Corellium provides both cloud and on-premise options, catering to diverse client needs.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

17%

2 year growth

53%

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