Polyverse Corporation

Polyverse Corporation delivers innovative cybersecurity solutions through its Polymorphic Software, offering real-time protection against cyber threats by transforming applications, making them resilient to attacks. Founded in 2015 and headquartered in Bellevue, US, Polyverse Corporation specializes in cybersecurity solutions. The company was founded by Phaneendra Gullapalli and has successfully raised USD 16 mn in its SERIES A funding round on September 16, 2020. Polyverse has completed 10 deals to date, focusing on enhancing security measures for enterprise applications.

Polyverse offers innovative cybersecurity solutions, primarily focusing on its core product, Polymorphic Software. This technology provides real-time protection against a range of cyber threats by transforming applications into polymorphic versions, making it nearly impossible for attackers to exploit them. Released to meet the escalating demand for robust security in the digital landscape, Polyverse's offerings aim to safeguard enterprise-level applications from advanced persistent threats. The company primarily serves clients in sectors such as finance, healthcare, and government, which require high levels of security due to the sensitive nature of their data.

Geographically, Polyverse's products are deployed across North America and Europe, targeting organizations that prioritize cutting-edge cybersecurity measures. Polyverse generates revenue through a subscription-based model designed for B2B clients, ensuring ongoing access to their cybersecurity solutions. Clients typically engage in annual contracts that include various tiers of service, allowing for flexibility depending on the organization's needs. The pricing structure is based on the scale of deployment, with larger enterprises opting for comprehensive packages that encompass extensive security features.

Flagship offerings, such as their Polymorphic Software, are central to these transactions, delivering significant value to clients by enhancing their overall security posture. Through these structured agreements, Polyverse establishes long-term partnerships with its clientele, focusing on delivering continuous security updates and support. Polyverse Corporation intends to leverage its recent funding of USD 16 mn raised in SERIES A to expand its product offerings and market reach. The company is designing new cybersecurity solutions aimed at enhancing its existing Polymorphic Software, with anticipated launches in early 2021.

In addition, Polyverse plans to expand into new markets, specifically targeting Asia and South America by the end of 2022, to meet the rising global demand for advanced cybersecurity measures.