Zimperium is Liberty’s fourth investment in cybersecurity, the company said. It also is Liberty’s first buyout. Other Libery investments in the cybersecurity market include BlueVoyant and Cybereason.
A Closer Look at Zimperium
Zimperium delivers mobile application and endpoint security solutions. The company lets organizations integrate its solutions into identity and access management (IAM), eXtended detection and response (XDR) and other security platforms and deploy them across cloud and on-premises environments. It also delivers continuous and persistent security during app development and run-time, the company indicated.
In addition, Zimperium provides Advanced Mobile Threat Insights to help CISOs and other security leaders protect their organizations against mobile threats, the company said. Security leaders can use Advanced Mobile Threat Insights to examine an organization’s mobile threat surface. From here, they can identify ways to optimize their mobile security posture.
Zimperium provides a partner program that enables cybersecurity companies to integrate its security solutions into their offerings. It previously partnered with FireEye, SentinelOne and other globally recognized cybersecurity companies.
Furthermore, Zimperium in July 2021 acquired whiteCryption, an application shielding and cryptographic key protection provider. Since that time, Zimperium has integrated whiteCryption’s solutions into its offerings.
What Does the Zimperium Acquisition Mean for Liberty Strategic Capital?
Zimperium has positioned itself as the leader in securing mobile endpoints and applications, Mnuchin said. It looks poised to capitalize on rising demand for mobile security solutions and could help Liberty do the same.
The global mobile security market was worth approximately $19.8 billion in 2019, according to industry analyst Allied Market Research. This market is projected to expand at a compound annual growth rate of 25.8 percent between 2019 and 2027 and could be worth nearly $122.9 billion by 2027.