Corellium
Developing software and providing tools for research and security testing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
* | $170m | Acquisition | |
| Total Funding | 000k | ||
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Corellium is a cutting-edge technology company that specializes in virtual hardware solutions. The company provides a platform that allows developers, security researchers, and educators to create, test, and analyze mobile and IoT (Internet of Things) devices in a virtual environment. This means users can simulate real-world conditions and interactions without needing physical hardware, which can be costly and time-consuming.
Corellium serves a diverse range of clients, including commercial enterprises, government agencies, educational institutions, and media organizations. In the enterprise sector, Corellium's platform is used for DevOps (a set of practices that combines software development and IT operations) and security testing, ensuring that applications are robust and secure before they go live. Government agencies use Corellium for research and development, particularly in cybersecurity. Educational institutions benefit from Corellium's virtual learning platform, which allows professors and trainers to teach mobile security and development without needing physical devices. Media organizations use Corellium's secure solutions to protect sensitive information and communications.
The market Corellium operates in is primarily the technology and cybersecurity sectors, with a focus on mobile and IoT devices. The company's business model is based on providing software as a service (SaaS). Clients subscribe to Corellium's platform, paying for access to its virtual hardware and developer tools. This subscription model ensures a steady revenue stream and allows Corellium to continually update and improve its offerings.
Corellium makes money through these subscriptions, as well as through additional services such as technical support, training classes, and custom development kits. The company also offers private cloud deployment options for clients with high-security needs, adding another layer of revenue.
Keywords: Virtual Hardware, Mobile Security, IoT Development, DevOps, Cybersecurity, SaaS, Government R&D, Education, Media Security, Developer Tools.