ChameleonX
AI-based Website Protection Platform
Company Overview
Snapshot
Founded in October 2015 by Maor Hod, ChameleonX operates with 1–10 employees. The company raised $1.85 million across two funding rounds from two investors. In October 2019, ChameleonX was acquired by Akamai Technologies.
Business overview
ChameleonX provides an AI-powered client-side protection technology designed to safeguard online businesses from various cyber threats, including zero-day attacks, web supply chain attacks, compromised third-party resources, customer data breaches, web vulnerabilities, and malware code injections. Its core technology utilizes run-time code execution analysis combined with anomaly detection to continuously identify website vulnerabilities and malicious activities that pose significant risks to privacy, security, and reputation. The company operates in the Cyber Security sector, focusing on application and website security for enterprise clients globally.
Strategic signal
In October 2019, ChameleonX was acquired by Akamai Technologies. This acquisition highlights the increasing demand for advanced client-side protection solutions in the cybersecurity market, particularly against threats like Magecart and credit card skimming. For investors, this signals a strategic validation of ChameleonX's AI-based technology and its potential to enhance web security offerings within a larger corporate structure.
Log in to access full profile ›Company Intelligence Q&A
- What is ChameleonX's primary focus?
- ChameleonX specializes in providing an AI-powered client-side protection platform to secure online businesses from various cyber threats, including zero-day attacks and data breaches.
- When was ChameleonX founded?
- ChameleonX was founded in October 2015.
- Who founded ChameleonX?
- ChameleonX was founded by Maor Hod.
- What was a significant corporate event for ChameleonX?
- In October 2019, ChameleonX was acquired by Akamai Technologies, which aimed to accelerate the development of solutions to protect websites from Magecart and credit card skimming.
- Which investors participated in ChameleonX's funding rounds?
- ChameleonX received funding from Firstime VC in April 2018 and from thetime in January 2016.