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Wallarm - About the company

Wallarm is a series C company based in San Francisco (United States), founded in 2013 by Ivan Novikov and Stepan Ilyin. It operates as an API security platform delivering complete protection against attacks and abuse. Wallarm has raised $75.1M in funding from investors like Toba Capital, Y Combinator and Runa Capital, with a current valuation of $*****. The company has 143 active competitors, including 25 funded and 10 that have exited. Its top competitors include companies like F5 Networks, A10 Networks and Traceable Security.

Company Details

API security platform delivering complete protection against attacks and abuse. It is a B2B SaaS company that provides a comprehensive solution for application and API security. The platform offers advanced API security, including API discovery, security testing, and abuse prevention. It helps organizations discover all APIs, detect and stop attacks, respond to incidents, and test APIs for security issues. It caters to various industries, including technology, healthcare, fintech, and e-commerce, and supports multiple cloud platforms like AWS, GCP, and Azure. The platform provides real-time API threat protection, AI agent security, and API SOC services. It offers features such as credential stuffing detection, API leak management, and cloud-native WAAP. The company focuses on protecting APIs and AI agents from threats, providing visibility, automated response, and integrations.
Social
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Email ID
*****@wallarm.com
Phone Number
+1 **********
Registered Address
San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series C
Total Funding
$75.1M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 22, 2016
Investors
Ranked
Employee Count
150 as on Aug 31, 2026
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Wallarm's funding and investors

Wallarm has raised a total funding of $75.1M over 6 rounds. Its first funding round was on Nov 06, 2013. Its latest funding round was a Series C round on Jul 31, 2025 for $*****. 1 investor participated in its latest round. Wallarm has 10 institutional investors.

Here is the list of recent funding rounds of Wallarm:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 31, 2025
4840654
Series C
1674740
5495685
7532053
5125956
Sep 05, 2023
2202988
Series A
1437432
6549152
8745608
5355882
Oct 22, 2018
3198418
Series A
6257405
7915812
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Wallarm's founders and board of directors

Founder? Claim Profile
The founders of Wallarm are Ivan Novikov and Stepan Ilyin. Ivan Novikov and Shayne Higdon are the CEOs of Wallarm.
Here are the details of Wallarm's key team members:

Wallarm's employee count trend

Wallarm has 150 employees as of Aug 26. Here is Wallarm's employee count trend over the years:
Employee count trend for Wallarm
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Wallarm's Competitors and alternates

Top competitors of Wallarm include F5 Networks, A10 Networks and Traceable Security. Here is the list of Top 10 competitors of Wallarm, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for F5 Networks
F5 Networks
1996, Seattle (United States), Public
Provider of application delivery and security solutions for various platforms
-
75/100
2nd
Provider of application delivery, security, and centralized management and analytics solutions
$118M
70/100
3rd
Logo for Traceable Security
Traceable Security
2018, San Francisco (United States), Series B
Cloud based API security solution
$110M
68/100
4th
Logo for Cequence
Cequence
2014, Sunnyvale (United States), Series C
Cloud based platform offering API security solutions
$100M
64/100
5th
Logo for Salt Security
Salt Security
2016, Palo Alto (United States), Series D
AI based API security software
$281M
62/100
6th
Logo for Mayhem
Mayhem
2012, Pittsburgh (United States), Acquired
Automated code and API security testing tool
$38M
62/100
7th
Logo for Indusface
Indusface
2012, Vadodara (India), Series A
Provider of AI-powered application security platform protecting web, mobile, and APIs
$5.05M
60/100
8th
Logo for Bright Security
Bright Security
2018, San Rafael (United States), Series A
Platform offering security testing software
$25.7M
59/100
9th
Logo for Wallarm
Wallarm
2013, San Francisco (United States), Series C
API security platform delivering complete protection against attacks and abuse
$75.1M
58/100
10th
Logo for Prophaze
Prophaze
2019, Milpitas (United States), Seed
Provider of web application and application programming interface security software
$110K
57/100
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Wallarm's Investments and acquisitions

Wallarm has made no investments or acquisitions yet.

Reports related to Wallarm

Here is the latest report on Wallarm's sector:

News related to Wallarm

lockFilter this list
Media has covered Wallarm for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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