iViz Techno Solutions Pvt. Ltd.

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iViz Techno Solutions Pvt. Ltd. - overview

Location

Sudbury, MA, US

Primary Industry

Software

About

iViz Techno Solutions Pvt. Ltd. delivers advanced application security solutions, focusing on enhancing software integrity and compliance. They cater to diverse industries by mitigating risks in the software development lifecycle through their innovative tools and services.


iViz Techno Solutions Pvt. Ltd. specializes in application security, providing solutions to manage software vulnerabilities and compliance. Founded in Sudbury, US, the company experienced a strategic pivot and was acquired by Cigital in October 2014.


The investment was led by Chiratae Ventures, raising a total of USD 0. 20 mn in their latest funding round, which has supported their operational growth. iViz Techno Solutions offers a suite of application security tools designed to safeguard software supply chains. Their flagship product, the iViz platform, includes features for static analysis, software composition analysis, dynamic testing, and interactive testing.


These offerings help clients navigate challenges related to open source vulnerabilities and security risks, serving sectors such as automotive, financial services, and healthcare across North America, Europe, and Asia-Pacific. iViz operates on a subscription-based revenue model, providing annual plans for its security tools. Clients subscribe to the iViz platform, gaining access to comprehensive security features through a fixed annual fee, facilitating straightforward budgeting while ensuring continuous updates and compliance in their operations. As part of their future strategy, iViz Techno Solutions plans to enhance its product portfolio with new security tools aimed at addressing emerging industry challenges.


The company aims to expand its market presence in Europe and Asia-Pacific by 2025, leveraging recent funding to accelerate product development and market entry. The funds from their latest investment round will specifically support these initiatives, ensuring robust growth and innovation.


Current Investors

LLR Partners, Cigital, Inc., Chiratae Ventures

Primary Industry

Software

Sub Industries

Web Applications, IT Security/Cybersecurity, Monitoring & Security Software

Website

www.ivizindia.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

iViz Techno Solutions Pvt. Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletediViz Techno Solutions Pvt. Ltd.-

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