When was iViZ Security founded?

iViZ Security was founded in 2005 and raised its 1st funding round within a year of its incorporation.

Where is iViZ Security located?

iViZ Security is headquartered in Bengaluru, India. It is registered at PRESTIGE BLUE CHIP III Block 4th Floor, No. 9, Hosur Road, Bangalore, Bangalore, Karnataka, India, 560029.

Which legal entities is iViZ Security associated with?

iViZ Security is associated with BLACK DUCK SOFTWARE INDIA PRIVATE LIMITED.

How many employees does iViZ Security have?

As of Aug 31, 2025, iViZ Security has 198 employees, reflecting a 46% year-over-year decline in headcount.

Is iViZ Security a funded company?

iViZ Security is a funded company, having raised a total of $5.76M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Oct 01, 2005.

How much is iViZ Security worth?

The last known valuation of iViZ Security was $***** as of Jul 31, 2009.

When was the latest funding round of iViZ Security?

iViZ Security's latest funding was a $***** Seed round on Jul 31, 2009, with participation from 1 investor. Its primary sector is Cybersecurity. In India, the Cybersecurity sector has seen $92.1M in funding in 2026 to date.

What is the annual revenue of iViZ Security?

Annual revenue of iViZ Security is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does iViZ Security rank among its competitors?

iViZ Security ranks 49th amongst 553 active competitors, of which 59 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was XBOW, which secured $35M in May, 2026.

Who are the top competitors of iViZ Security?

iViZ Security's top competitors include Snyk, Checkmarx and Cobalt. Among them, XBOW secured the most recent funding round in May, 2026.

iViZ Security - 2026 Company Profile, Team, Funding, Competitors & Financials

iViZ Security is an acqui-hired company based in Bengaluru (India), founded in 2005 by Nilanjan De and Bikash Barai. It operates as a Cloud-based penetration testing and application security service provider. iViZ Security has raised $5.76M in funding from Chiratae Ventures, with last known valuation of $*****. The company has 553 active competitors, including 59 funded and 42 that have exited. Its top competitors include companies like Snyk, Checkmarx and Cobalt.

Company Details

iViz Security is an information security company offering cloud-based application security and penetration testing for audit risk management and compliance for standards such as SOX, PCI, HIPAA. iViz user portal provides software security through on-demand scheduling of test and analytics dashboards to view test results. Services are available as a subscription-based model along with unlimited application penetration testing and business logic testing. Operates as a wholly-owned subsidiary of Cigital and continues to sell application testing services in India, the Middle East, and parts of Asia.

Website: ivizsecurity.com
Social
Phone Number: +91 **********
Registered Address: PRESTIGE BLUE CHIP III Block 4th Floor, No. 9, Hosur Road, Bangalore, Bangalore, Karnataka, India, 560029

Key Metrics

Founded Year

2005

Location

Bengaluru, India

Stage

Acqui-Hired

Total Funding

$5.76M in 3 rounds

Latest Funding Round

Seed, Jul 31, 2009, $*****

Last Known Valuation

$***** as on Jul 31, 2009

Investors

Chiratae Ventures & 3 more

Ranked

49^th among 553 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

198 as on Aug 31, 2025

Similar Companies

Snyk & 209 more

View iViZ Security's full profile

iViZ Security is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLACK DUCK SOFTWARE INDIA PRIVATE LIMITED CIN: U72900KA2004PTC063430 , India, Active	Feb 18, 2004	₹100 - ₹500 Cr (As on Mar 31, 2025)	198 (As on Aug 31, 2025)

iViZ Security has raised a total funding of $5.76M over 3 rounds. Its first funding round was on Oct 01, 2005. Its latest funding round was a Seed round on Jul 31, 2009 for $*****. 1 investor participated in its latest round. iViZ Security has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of iViZ Security:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 31, 2009	1273119	Seed	7786451	4133748	4796169	2251212
Dec 03, 2007	3110660	Seed	3976173	7813022	7404430	AKM
Oct 01, 2005	3706887	Angel	9141719	7066062	4782287	7971040

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View details of iViZ Security's funding rounds and investors

The founders of iViZ Security are Nilanjan De and Bikash Barai.

Here are the details of iViZ Security's key team members:

Nilanjan De: Former Co-Founder of iViZ Security.
Bikash Barai: Former Co-Founder of iViZ Security.

iViZ Security's Board of Directors

iViZ Security's board has 1 active member. Pradip Dutta is part of team.

Here is the list of iViZ Security's board of directors:

Name	Type	Representing	Status	Duration
kmwkguv	Team	-	Past	9y 3m

View details of iViZ Security's Founder profiles and Board Members

iViZ Security's employee count trend

iViZ Security has 198 employees as of Aug 25. The total employee count is 47.0% lower than what it was in Aug 24. Here is iViZ Security's employee count trend over the years:

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Top competitors of iViZ Security include Snyk, Checkmarx and Cobalt. Here is the list of Top 10 competitors of iViZ Security, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Snyk 2015, Boston (United States), Series G	Provider of a platform securing code, models, and agents in applications	$1.32B	Accel, Boldstart Ventures & 77 others	77/100
2nd	Checkmarx 2006, Atlanta (United States), Acquired	Provider of application security platform unifying testing, monitoring, and remediation	$98.5M	Insight Partners, XT Group & 6 others	73/100
3rd	Cobalt 2013, San Francisco (United States), Series B	Provider of penetration testing as a service and offensive security	$36.6M	Highland Europe, Kima Ventures & 24 others	71/100
4th	Synack 2013, San Francisco (United States), Series D	Platform offering security testing solution	$112M	Kleiner Perkins, Icon Ventures & 25 others	70/100
5th	HackerOne 2012, San Francisco (United States), Series E	AI powered security testing platform	$159M	Benchmark, Dragoneer Investment Group & 7 others	70/100
6th	Veracode 2006, Burlington (United States), Acquired	Provider of software security testing and automated code remediation tools	$107M	Meritech, Wellington & 15 others	68/100
7th	Semgrep 2017, San Francisco (United States), Series D	Platform offering code analysis and review solutions	$193M	Sequoia Capital, Felicis Ventures & 4 others	68/100
8th	Bugcrowd 2012, San Francisco (United States), Series E	Provider of crowdsourced security platform offering vulnerability disclosure and penetration testing	$184M	Rally Ventures, Blackbird Ventures & 20 others	66/100
9th	Pentera 2015, Burlington (United States), Series D	Cloud based penetration testing solutions provider	$250M	Awz Ventures, Evolution Equity Partners & 5 others	66/100
10th	XBOW 2024, Seattle (United States), Series C	AI-powered autonomous penetration testing platform	$270M	Sequoia Capital, Altimeter Capital & 17 others	65/100
49th	iViZ Security 2005, Bengaluru (India), Acqui-Hired	Cloud-based penetration testing and application security service provider	$5.76M	Chiratae Ventures, AKM & 2 others	42/100

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Founders own 39.06%, Funds (largest shareholder) own 53.75% and Enterprises own 7.19%. The net worth of iViZ Security's founders is INR 14.5Cr as of Jul 31, 2009.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	39.06%	14.5Cr	6562966	7122656	4775389	2008721
Bikash Barai	3517905	5067708	1429959	8990255	4508313	8558342
Nilanjan De	3149742	3916723	2633402	8184347	6708282	1997726
Fund	53.75%	19.9Cr	2604141	6497996	6894527	1064672
Chiratae Ventures	1448134	1099540	4168527	7594638	5776318	9051179
Enterprise	7.19%	2.66Cr	9578684	6789379	6944159	4621042
Total	100.00%	37Cr	2538853	1454119	4704953	8929149