AdaptiveMobile

AdaptiveMobile

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Provider of mobile security enabling trusted networks .

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AdaptiveMobile Security, founded in Dublin, Ireland, in 2006, operates as a specialized provider of mobile network security solutions. The company established its niche by focusing on the protection of mobile networks and their subscribers from a variety of network-based attacks. A significant milestone in its history was its acquisition in July 2021 by Enea, a Swedish telecommunications and cybersecurity software specialist, for an enterprise value of approximately €45 million. Following the acquisition, AdaptiveMobile Security became a new business unit within Enea, continuing to operate under its own brand and led by its then-CEO, Brian Collins. Prior to the acquisition, the company was privately held with major shareholders including Intel Capital and Doughty Hanson & Co.

The business centers on delivering security for mobile core networks, with a specific focus on messaging and signaling. Its client base primarily consists of mobile network operators and communication platform providers, serving over 80 mobile operators globally and protecting billions of subscribers. The revenue model is based on software licenses, managed services, and cloud services, with more than half of its revenue being recurring. In 2020, the company recorded revenues of €15.5 million. Key clients include major carriers like AT&T and T-Mobile, as well as communication platform provider Twilio.

AdaptiveMobile Security's core offering is its Network Protection Platform, which provides solutions for messaging security (SMS, MMS, RCS), signaling security (SS7, Diameter, GTP), and data traffic protection. This platform is designed to prevent unwanted traffic linked to security threats, service abuse, and revenue loss, and to stop cyberattacks that exploit signaling traffic. A key component of their service is a global threat intelligence service that utilizes machine learning and human analysis to detect and neutralize threats. The company has been credited with the discovery of significant mobile threats like 'SimJacker'. The integration with Enea aims to create synergies, particularly in 5G security, by combining AdaptiveMobile's control plane security with Enea's expertise in Deep Packet Inspection (DPI) and data management.

Brian Collins served as the CEO at the time of the Enea acquisition and has extensive experience in protecting national telecommunications infrastructure globally. Simeon Coney, with over 30 years in the telecommunications sector, has been with the company since its foundation and has held several senior roles, including Chief Strategy Officer and now Head of Business Development within Enea. In October 2022, John Hughes, who joined the company in 2006 and previously served as COO, took over as the head of Enea AdaptiveMobile Security, succeeding Brian Collins.

Keywords: mobile network security, signaling security, messaging security, SS7, Diameter, 5G security, threat intelligence, telecom cybersecurity, anti-fraud, core network security, mobile operator security, communication platform security, Enea, network protection, SMS security, RCS security, mobile malware, subscriber protection, cyberattack prevention, network-borne threats

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Investments by AdaptiveMobile

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Sentry Wireless
ACQUISITION by AdaptiveMobile Jun 2011