Israel’s Checkmarx Acquires UK’s ‘Codebashing’

July 24, 2017 | Israeli company Checkmarx, a leader in application security testing solutions, acquired Codebashing, a British application security education company, for $5-$10 million. This acquisition allows Checkmarx to introduce continuous, in-context, bit-sized secure coding training, which will allow its customers to grow their in-house security skills and have fewer initial code vulnerabilities. Founded in 2006 by Maty Siman, Checkmarx has so far raised $92 million in three funding rounds from investors such as Insight Venture Partners, XT Investments, and Ofer Hi-Tech. Checkmarx’s users include five of the world’s top 10 software vendors, four top American banks, and many Fortune 500 and government organizations.