When was SPI Dynamics founded?

SPI Dynamics was founded in 2000 and raised its 1st funding round 2 years after it was founded.

Where is SPI Dynamics located?

SPI Dynamics is headquartered in Atlanta, United States.

How many employees does SPI Dynamics have?

As of Jul 31, 2026, the latest employee count at SPI Dynamics is 18.

Is SPI Dynamics a funded company?

SPI Dynamics is a funded company, having raised a total of $10.5M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 18, 2002.

When was the latest funding round of SPI Dynamics?

SPI Dynamics' latest funding was a $***** Series A round on Dec 13, 2005, with participation from 1 investor. Its primary sector is Cybersecurity. In United States, the Cybersecurity sector has seen $7.01B in funding in 2026 to date.

Where does SPI Dynamics rank among its competitors?

SPI Dynamics ranks 5th amongst 136 active competitors, of which 7 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Probely, which secured $8.86M in Nov, 2022.

Who are the top competitors of SPI Dynamics?

SPI Dynamics' top competitors include Feroot, Probely and Sucuri. Among them, Probely secured the most recent funding round in November, 2022.

SPI Dynamics - 2026 Company Profile, Team, Funding & Competitors

SPI Dynamics is an acqui-hired company based in Atlanta (United States), founded in 2000 by Caleb Sima, Brian Christian and Wade Malone. It operates as a Web application security & vulnerability assessment. SPI Dynamics has raised $10.5M in funding from Southeastern Technology Fund. The company has 136 active competitors, including 7 funded and 12 that have exited. Its top competitors include companies like Feroot, Probely and Sucuri.

Company Details

SPI Dynamics provides web application security assessment software and services to enterprises. Acquired by HP in Jun 2007 to integrate it with HP Quality Center Software.

Key Metrics

Founded Year

2000

Location

Atlanta, United States

Stage

Acqui-Hired

Total Funding

$10.5M in 6 rounds

Latest Funding Round

Series A, Dec 13, 2005, $*****

Investors

Southeastern Technology Fund & 6 more

Ranked

5^th among 136 active competitors

Employee Count

18 as on Jul 31, 2026

Similar Companies

Feroot & 188 more

View SPI Dynamics' full profile

SPI Dynamics has raised a total funding of $10.5M over 6 rounds. Its first funding round was on Jan 18, 2002. Its latest funding round was a Series A round on Dec 13, 2005 for $*****. 1 investor participated in its latest round. SPI Dynamics has 7 institutional investors.

Here is the list of recent funding rounds of SPI Dynamics:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 13, 2005	3423567	Series A	5365076	7778784	2956985	6446590
Jul 2005	3231586	Series A	3166166	1613560	7406771	4524319
May 2004	2415462	Series A	4139746	1217923	6368509	1981162

Access funding benchmarks and valuations. Sign up today!

View details of SPI Dynamics's funding rounds and investors

The founders of SPI Dynamics are Caleb Sima, Brian Christian and Wade Malone.

Here are the details of SPI Dynamics' key team members:

Caleb Sima: Co-Founder of SPI Dynamics and founder of 1 other company. They are also an angel investor in 4 startups.
Brian Christian: Co-Founder of SPI Dynamics and founder of 2 other companies, Flying Cloud Technologies and Zettaset.
Wade Malone: Co-Founder of SPI Dynamics.

View details of SPI Dynamics's Founder profiles and Board Members

SPI Dynamics' employee count trend

SPI Dynamics has 18 employees as of Jul 26. Here is SPI Dynamics's employee count trend over the years:

Uncover SPI Dynamics' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SPI Dynamics include Feroot, Probely and Sucuri. Here is the list of Top 10 competitors of SPI Dynamics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Feroot 2017, Toronto (Canada), Seed	Provider of cloud based web application security solutions	$13.5M	True Ventures, Y Combinator & 14 others	58/100
2nd	Probely 2016, Lisbon (Portugal), Acquired	Automated web application vulnerability scanning solution	$9.48M	Novabase, TIIN Capital & 16 others	45/100
3rd	Sucuri 2010, Menifee (United States), Acquired	Complete website security, protection, and monitoring products and services	-	Turn/River Capital	43/100
4th	Defiant 1997, Seattle (United States), Unfunded	Global leader in WordPress security, protecting websites from emerging threats	-	-	41/100
5th	SPI Dynamics 2000, Atlanta (United States), Acqui-Hired	Web application security & vulnerability assessment	$10.5M	Visa, Atlanta Technology Angels & 5 others	40/100
6th	OGO Security 2016, Paris (France), Seed	AI-based security solution for website	$1.1M	Elaia, IONIS 361 & 1 others	40/100
7th	Entersoft 2012, Bengaluru (India), Funding Raised	Web and mobile app security provider.	-	FinTech SuperCharger & 2 others	39/100
8th	Tinfoil Security 2011, Mountain View (United States), Acquired	Provider of web vulnerability assessment solutions	$1M	BoxGroup, Ridge Ventures & 9 others	37/100
9th	Acunetix 2005, London (United Kingdom), Unfunded	Cloud based security testing platform	-	-	36/100
10th	Crashtest Security 2015, Munich (Germany), Acquired	Provider of web application security testing	-	BayStartUP, MassChallenge & 17 others	33/100