ChameleonX

Company Overview

Snapshot

Founded in October 2015 by Maor Hod, ChameleonX operated with 1–10 employees. The company secured funding across 2 rounds from 2 investors. In October 2019, ChameleonX was acquired by Akamai Technologies.

Business overview

ChameleonX developed an AI-powered client-side protection technology designed to safeguard online businesses from zero-day attacks, web supply chain vulnerabilities, compromised third-party resources, customer data breaches, and malware code injections. Its protection solution utilized run-time code execution analysis combined with anomaly-detection technology to continuously identify website vulnerabilities and malicious activity. The company operated within the Cyber Security sector, focusing on application and website security for enterprises.

Strategic signal

In October 2019, Akamai Technologies announced its planned acquisition of ChameleonX to accelerate the development of solutions protecting websites from Magecart and credit card skimming attacks. This acquisition signaled a strategic move by Akamai to enhance its web security offerings with ChameleonX's AI-based client-side protection technology, addressing critical vulnerabilities in the e-commerce and online business landscape.

Company Intelligence Q&A

When was ChameleonX acquired?

ChameleonX was acquired by Akamai Technologies in October 2019.

What type of technology does ChameleonX offer?

ChameleonX offers an AI-powered client-side protection technology that protects online businesses from various web-based threats, including zero-day attacks and data breaches.

Who was a founder of ChameleonX?

Maor Hod was a founder of ChameleonX.

What was the primary sector of ChameleonX?

ChameleonX's primary sector was Cyber Security.

Which investor participated in ChameleonX's April 2018 funding round?

In April 2018, Firstime VC participated in ChameleonX's funding round.