Virtual Forge GmbH

Virtual Forge GmbH is a cybersecurity company that specializes in securing SAP applications and enhancing compliance frameworks for businesses. Their innovative solutions are aimed at protecting critical enterprise data and ensuring robust security performance. Founded in 2006 in Heidelberg, Germany, Virtual Forge GmbH focuses on cybersecurity solutions tailored for SAP systems. The company was acquired by Onapsis Inc.

in January 2019, as part of a strategic move to enhance cybersecurity offerings. The founder's history is not detailed, and there is no mention of subsidiaries or prior mergers. Virtual Forge GmbH offers a comprehensive suite of cybersecurity solutions specifically designed for SAP systems. Their main products include security assessments and compliance tools that integrate within existing security frameworks.

The company's commitment to enhancing cybersecurity for businesses spans various industries, including finance, manufacturing, and retail, with significant operations in North America, Europe, and Asia-Pacific markets. In 2021, Virtual Forge GmbH reported a revenue of USD 16. 78 mn, while the EBITDA for the same year was USD -6,849. 70.

Since its acquisition by Onapsis Inc. in January 2019, Virtual Forge GmbH is expected to leverage new funding to expand its market presence and develop new products. The specific growth strategy includes enhancing their product lineup to offer more integrated security solutions for SAP applications, targeting expansion into the North American and European markets. Further details regarding product launches and specific timelines are yet to be disclosed.