NowSecure delivers a full suite of mobile security testing solutions that help customers identify and remediate security threats, compliance gaps, and privacy issues across commercial and custom-developed mobile applications. Its offerings include automated security testing software integrated into development toolchains, mobile supply chain risk monitoring, pen-testing software, expert pen-testing services, and training courseware. The company targets Agile and DevSecOps workflows to make frequent mobile application security testing reliable and cost-effective. NowSecure plans to use new capital to further invest in its advanced application security testing solutions and go-to-market strategy. The company reported record sales in 2021 and performed over 1.5 million automated mobile app assessments in DevSecOps and on-demand deployments. NowSecure was founded in 2009 and is based in Chicago. NowSecure provides automated mobile app security and privacy testing solutions for iOS and Android. Its testing suite performs static, dynamic, and behavioral analyses, can execute up to "hundreds" of tests in minutes, and auto-generates reports and remediation guidance. The product runs on-premises or in the cloud, is built on open-source platforms (Frida, Radare, Capstone), and is complemented by professional penetration testing and managed services. NowSecure offers an API to trigger tests post-build, integrates with dev pipelines and ticketing systems, and maps findings to compliance frameworks including OWASP, NIAP, PCI DSS, HIPAA, and GDPR. Teams can access cloud dashboards and a database of safe and unsafe public Android and iOS apps. Customers named in the article include Capital One, Carfax, Citi, The Home Depot, Humana, Kaiser Permanente, Motorola Mobility, Shell, and others. The company said the new funding will accelerate product development and help scale operations; NowSecure has raised over $27 million to date. NowSecure develops a mobile security platform offering tools for device protection, app testing and forensic analysis. Its product suite includes NowSecure Mobile (consumer and enterprise mobile threat intelligence), NowSecure App Testing (automated static and dynamic app testing) and NowSecure Forensics (device data access and analysis). The company serves large customers including four of the five largest banks and corporations across finance, defense and healthcare. Founded in 2009 as viaForensics by Andrew Hoog and Chee-Young Kim and based in Oak Park, Illinois, NowSecure recently released a Community Edition of its App Testing tool for developers. The company says it will use the new funding to accelerate product development. No operating metrics (revenue/users) were disclosed in the article.

Total raised

$28M

Funding rounds

3

Latest round

Series B

Latest activity

Jun 2019