About Corellium
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, which sets it apart from competitors. The company's goal is to improve mobile security and development efficiency while making these resources accessible to its users.
Boynton Beach, FloridaHeadquarters
2017Year Founded
$24.3MTotal Funding
SERIES_ACompany Stage
Robotics & Automation, Enterprise Software, Cybersecurity, EducationIndustries
51-200Employees
Benefits
Remote Work Options
Risks
Emerging virtualization platforms could erode Corellium's market share.
Potential legal challenges from tech giants may impact Corellium's operations.
Security vulnerabilities in Corellium's platform could lead to reputational damage.
Differentiation
Corellium offers unique ARM-based mobile device virtualization with a custom-built hypervisor.
The platform allows real-world accuracy and high performance in mobile app security testing.
Corellium provides on-premise options, catering to clients with high-security needs.
Upsides
Increased demand for virtual testing due to remote work boosts Corellium's market potential.
Corellium's platform aligns with the 'shift-left' testing trend in DevOps.
The rise of 5G technology enhances the need for Corellium's advanced testing platforms.
Funding
Total raised$24.32 M
Latest valuation$125.00 M
StageSERIES_A
SERIES A
11/30/2021$25
$125.00 M