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Monarx - About the company

Monarx is a series A company based in Salt Lake City (United States), founded in 2017 by Matt Hoffman and Brian Karney. It operates as a Cloud based server protection solution to protect web environment against attacks. Monarx has raised $14.4M in funding from Pelion Venture Partners and Signal Peak. The company has 60 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Jetpack, Edgio and Tala Security.

Company Details

Cloud based server protection solution to protect web environment against attacks. The platform provides continuous real time malicious script detection and proactive prevention for Linux web server. Features include detecting and blocking web shells, reducing the attack surface and analyzing backdoors like web shells using rules, signatures, analytics, and dynamic analysis.
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Email ID
*****@monarx.com
Key Metrics
Founded Year
2017
Location
Salt Lake City, United States
Stage
Series A
Total Funding
$14.4M in 3 rounds
Latest Funding Round
Ranked
Employee Count
23 as on Mar 31, 2026
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Monarx's funding and investors

Monarx has raised a total funding of $14.4M over 3 rounds. Its first funding round was on May 03, 2017. Monarx has 4 institutional investors.

Here is the list of recent funding rounds of Monarx:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 21, 2025
6093285
Series A
8878243
8562663
7361420
3758661
Mar 13, 2023
8529856
Series A
2861055
4281456
9459860
May 03, 2017
7697743
Seed
4075689
9211025
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Monarx's founders and board of directors

Founder? Claim Profile
The founders of Monarx are Matt Hoffman and Brian Karney.
Here are the details of Monarx's key team members:

Monarx's employee count trend

Monarx has 23 employees as of Mar 26. Here is Monarx's employee count trend over the years:
Employee count trend for Monarx
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Monarx's Competitors and alternates

Top competitors of Monarx include Jetpack, Edgio and Tala Security. Here is the list of Top 10 competitors of Monarx, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jetpack
Jetpack
1996, Los Angeles (United States), Series A
Website security solution
$2.4M
65/100
2nd
Logo for Edgio
Edgio
2001, Phoenix (United States), Deadpooled
Cloud based API security solutions
-
50/100
3rd
Logo for Tala Security
Tala Security
2016, San Francisco (United States), Series B
Website threat detection solutions provider
$9.51M
46/100
4th
Logo for Baffin Bay Networks
Baffin Bay Networks
2017, Stockholm (Sweden), Acquired
Globally distributed threat protection against DDoS attacks and Web Applications
$6.4M
46/100
5th
Logo for Trust Lab
Trust Lab
2019, Palo Alto (United States), Series A
Website security solutions provider
$15M
45/100
6th
Logo for Monarx
Monarx
2017, Salt Lake City (United States), Series A
Cloud based server protection solution to protect web environment against attacks
$14.4M
46/100
7th
Logo for Lokker
Lokker
2020, Redwood City (United States), Series A
Saas based security software from website privacy threats
$7.32M
44/100
8th
Logo for ScanSafe
ScanSafe
2004, San Francisco (United States), Acquired
Cloud delivered web-proxy based website security
$28.5M
42/100
9th
Logo for Chaitin
Chaitin
2014, Beijing (China), Acquired
Threat detection & vulnerability assessment solution for web apps
$15.1M
41/100
10th
Logo for BLOKK
BLOKK
2022, Jersey, Unfunded
Application for website threat detection
-
-
36/100
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Monarx's Investments and acquisitions

Monarx has made no investments or acquisitions yet.

Reports related to Monarx

Here is the latest report on Monarx's sector:

News related to Monarx

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