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VMRay - About the company

VMRay is a series B company based in Bochum (Germany), founded in 2013 by Ralf Hund and Carsten Willems. It operates as a Threat detection using hypervisor based dynamic analysis. VMRay has raised $62.9M in funding from investors like HTGF, Yttrium and eCAPITAL. The company has 333 active competitors, including 74 funded and 40 that have exited. Its top competitors include companies like Darktrace, Behavox and Red Canary.

Company Details

Threat detection using hypervisor based dynamic analysis. Provides threat analysis and detection using hypervisor-based dynamic analysis. It provides a platform-independent which monitors at the hypervisor level to detect malware running in the target OS. The features include agentless hypervisor-based malware analysis, API for integration and detection of windows malware including user-mode malware, executable and malicious data files, etc.
Social
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Key Metrics
Founded Year
2013
Location
Bochum, Germany
Stage
Series B
Total Funding
$62.9M in 5 rounds
Latest Funding Round
Investors
Ranked
Employee Count
129 as on Oct 31, 2026
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VMRay's funding and investors

VMRay has raised a total funding of $62.9M over 5 rounds. Its first funding round was on May 15, 2014. Its latest funding round was a Series B round on Dec 19, 2022 for $*****. 5 investors participated in its latest round. VMRay has 11 institutional investors.

Here is the list of recent funding rounds of VMRay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 19, 2022
3214334
Series B
8634420
1520568
6332008
2968796
Dec 10, 2020
1986037
Series B
9225049
1014379
1196080
2999498
Sep 16, 2019
6407902
Series B
2649606
5434878
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VMRay's founders and board of directors

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The founders of VMRay are Ralf Hund and Carsten Willems. Carsten Willems is the CEO of VMRay.
Here are the details of VMRay's key team members:

VMRay's Board of Directors

VMRay's board has 2 active members. Ralf Hund and Carsten Willems are part of team.
Here is the list of VMRay's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
12y 10m
iydozfg
Team
-
Current
6y 7m

VMRay's employee count trend

VMRay has 129 employees as of Oct 26. Here is VMRay's employee count trend over the years:
Employee count trend for VMRay
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VMRay's Competitors and alternates

Top competitors of VMRay include Darktrace, Behavox and Red Canary. Here is the list of Top 10 competitors of VMRay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Darktrace
Darktrace
2013, Cambridge (United Kingdom), Acquired
Developer of artificial intelligence software for automated enterprise cybersecurity defense
$239M
72/100
2nd
Logo for Behavox
Behavox
2014, London (United Kingdom), Series C
Provider of AI-driven platform for regulatory compliance and risk management
$343M
72/100
3rd
Logo for Red Canary
Red Canary
2014, Denver (United States), Acquired
Provider of managed detection and response across diverse IT environments
$135M
70/100
4th
Logo for BlueVoyant
BlueVoyant
2017, New York City (United States), Series E
Cloud native cyber defense platform
$696M
67/100
5th
Logo for Vectra AI
Vectra AI
2010, San Jose (United States), Series F
Provider of AI-driven platform for cyberattack detection and response services
$425M
66/100
6th
Logo for SilverSky
SilverSky
1997, Morrisville (United States), Acquired
Cloud security and compliance solution company
$31.5M
65/100
7th
Logo for Censys
Censys
2015, Ann Arbor (United States), Series D
Exposure management and threat hunting solutions
$143M
64/100
8th
Logo for DTEX
DTEX
2002, San Jose (United States), Series E
Provider of behavior analytics based insider threat detection
$138M
63/100
9th
Logo for Reliaquest
Reliaquest
2007, Tampa (United States), Series E
Developer of agentic AI security operations platform for threat containment
$1.13B
63/100
10th
Logo for Mitiga
Mitiga
2020, New York City (United States), Series B
Provider of cloud threat detection, investigation, and response platform
$75M
62/100
50th
Logo for VMRay
VMRay
2013, Bochum (Germany), Series B
Threat detection using hypervisor based dynamic analysis
$62.9M
60/100
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VMRay's Investments and acquisitions

VMRay has made no investments or acquisitions yet.

Reports related to VMRay

Here is the latest report on VMRay's sector:

News related to VMRay

lockFilter this list
Media has covered VMRay for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
•
VMRay Launches FinalVerdict OnVMRay•Oct 01, 2025•VMRay
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