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Mend - About the company

Mend is a series D company based in Boston (United States), founded in 2011 by Ron Rymon, Azi Cohen and Rami Sass. It operates as a Provider of application security platform securing code, open source, containers, and AI. Mend has raised $121M in funding from investors like Pitango, Susquehanna Growth Equity and Peregrine Ventures, with a current valuation of $*****. The company has 35 active competitors, including 3 funded and 4 that have exited. Its top competitors include companies like Invicti, TrustInsoft and GrammaTech.

Company Details

Provider of application security platform securing code, open source, containers, and AI. The platform offers static and dynamic testing, code scanning, and software bill of materials. It provides dependency updates, open source security, and container security. The platform also secures AI-generated code and AI-powered applications. It offers AI red teaming and AI-based remediation workflows.
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Email ID
*****@mend.io
Key Metrics
Founded Year
2011
Location
Boston, United States
Stage
Series D
Total Funding
$121M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 17, 2018
Investors
Ranked
Employee Count
258 as on Apr 30, 2026
Investment & Acquisitions
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Mend's funding and investors

Mend has raised a total funding of $121M over 4 rounds. Its first funding round was on Jun 19, 2013. Its latest funding round was a Series D round on Apr 07, 2021 for $*****. 4 investors participated in its latest round. Mend has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Mend:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 07, 2021
5678427
Series D
3139914
6421975
4595898
2821258
Oct 17, 2018
4239028
Series C
8888231
8042012
8051832
Jun 14, 2017
5562749
Series B
1931643
4942911
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Mend's founders and board of directors

Founder? Claim Profile
The founders of Mend are Ron Rymon, Azi Cohen and Rami Sass. Rami Sass is the CEO of Mend.
Here are the details of Mend's key team members:

Mend's employee count trend

Mend has 258 employees as of Apr 26. Here is Mend's employee count trend over the years:
Employee count trend for Mend
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Mend's Competitors and alternates

Top competitors of Mend include Invicti, TrustInsoft and GrammaTech. Here is the list of Top 10 competitors of Mend, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mend
Mend
2011, Boston (United States), Series D
Provider of application security platform securing code, open source, containers, and AI
$121M
64/100
2nd
Logo for Invicti
Invicti
2006, Austin (United States), Series B
Provider of web application and API security testing and management
$665M
61/100
3rd
Logo for TrustInsoft
TrustInsoft
2012, Paris (France), Series A
Platform offering source code review software
$6.78M
53/100
4th
Logo for GrammaTech
GrammaTech
1988, Ithaca (United States), Acquired
Provider of software assurance and cyber-security solutions for critical systems
-
50/100
5th
Logo for Oxeye
Oxeye
2021, Tel Aviv (Israel), Acquired
Platform offering cloud based security testing software
$5.3M
40/100
6th
Logo for Fortify
Fortify
2002, San Mateo (United States), Acqui-Hired
Information Management leader empowering businesses with AI-driven solutions and services
$22.6M
36/100
7th
Logo for We45
We45
2009, Bengaluru (India), Unfunded
Security application automated testing platform for DevOps environment
-
-
36/100
8th
Logo for Palamida
Palamida
2004, San Francisco (United States), Acquired
Software solutions for secure software development, license compliance, and monetization
$18.5M
35/100
9th
Logo for iAppSecure Solutions
iAppSecure Solutions
2012, Ahmedabad (India), Unfunded
Dynamic and interactive application security testing solution
-
-
35/100
10th
Logo for Meteonic
Meteonic
2006, Bengaluru (India), Unfunded
Provider of DevSecOps tools and services for software development lifecycle
-
-
32/100
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Mend's Investments and acquisitions

Mend has acquired Atom Security. Mend has not made any investments as of now.

Reports related to Mend

Here is the latest report on Mend's sector:

News related to Mend

lockFilter this list
Media has covered Mend for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
Mend.io Partners with HeroDevsDEVOPSdigestOct 29, 2024Mend, HeroDevs
Sysdig Integrates with Mend.ioDEVOPSdigestMay 17, 2024Mend, Sysdig
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