Wib Security

Company Overview

Snapshot

Founded in March 2018 by Gil Don, Dr. Tal Steinherz, Mirit Kagarlitsky, and Yuval Boger, Wib Security operates with 51–200 employees. The company raised $16 million across one funding round from 5 investors, with Koch Disruptive Technologies as a lead investor. In February 2024, Wib Security was acquired by F5 Networks.

Business overview

Wib Security is pioneering a new era in API security with its holistic API security platform. The company provides continuous and complete visibility and control across the entire API ecosystem, enabling developers to code with confidence and security teams to secure with surety. Wib Security serves various industries by offering solutions that ensure the identity, inventory, and integrity of every API throughout the development lifecycle, without compromising development or stifling innovation. It operates within the Cyber Security sector, specifically focusing on Application & Website Security and API platforms.

Strategic signal

In February 2024, Wib Security was acquired by F5 Networks for tens of millions of dollars. This acquisition signals a strong market validation for Wib Security's innovative API security platform and its potential to address the rising challenges in API security. For investors, this demonstrates a successful exit strategy and highlights the increasing demand for specialized cybersecurity solutions in the enterprise market.

Company Intelligence Q&A

What is Wib Security's primary focus?

Wib Security focuses on pioneering a new era in API security with its holistic API security platform, providing continuous visibility and control across the entire API ecosystem.

When was Wib Security founded and by whom?

Wib Security was founded in March 2018 by Gil Don, Dr. Tal Steinherz, Mirit Kagarlitsky, and Yuval Boger.

What was a significant recent event for Wib Security?

In February 2024, Wib Security was acquired by F5 Networks for tens of millions of dollars, leading to its current status as Acquired (Inactive).

How much funding did Wib Security raise?

Wib Security raised $16 million in November 2022 from investors including Koch Disruptive Technologies and VentureIsrael

Which investor led Wib Security's funding round?

Koch Disruptive Technologies was a lead investor in Wib Security's funding round in November 2022.