Transmit Security Revenue and Competitors

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Boston, Israel

Location

#2376

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Transmit Security's estimated annual revenue is currently $67.7M per year.(i)
  • Transmit Security received $40.0M in venture funding in January 2017.
  • Transmit Security's estimated revenue per employee is $165,100
  • Transmit Security's total funding is $583M.
  • Transmit Security's current valuation is $2.7B.

Employee Data

  • Transmit Security has 410 Employees.(i)
  • Transmit Security grew their employee count by 63% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1150M730555%$1.2B$31.8B
#2
$266.6M91413%$233.7M$2.8B
#3
$215M737-27%$332.3M$1B
#4
$35.7M16347%$67.1MN/A

Transmit is the leader in Identity Orchestration. The company's technology enables large enterprises to standardize and simplify their identity infrastructure to accelerate and reduce the cost of new account opening, authentication, authorization, compliance and fraud prevention related initiatives. Transmit Security's founders created Trusteer (now IBM Security) and Imperva (IMPV on NYSE). The company's research and development team served in the Israeli Intelligence Corps elite 8200 Unit. Transmit Security is self-funded, and based in Boston and Tel-Aviv.

keywords:Mobile, Security, Cyber Security, Fin Tech

$583M

Total Funding

410

Number of Employees

$67.7M

Revenue (est)

63%

Employee Growth %

$2.7B

Valuation

N/A

Accelerator

Transmit Security News

2022-04-20 - Passwordless MFA: The Single Way To Mitigate the Top 5 Threats to Your Customer Identities

These attacks threaten the security of their online accounts and ... global retail customer that is implementing Transmit Security's...

2022-04-06 - Everyone wants to replace passwords — what about banning them?

... and Trusteer (acquired by IBM), is now aiming to help kill off the password entirely with his current company, Transmit Security.

2022-03-22 - Transmit Security Named to Fast Company's List of the World's ...

As an industry leader in passwordless authentication, Transmit Security specializes in solving the complex problems associated with digital...

2021-09-14 - Transmit Security : Announces Citi Ventures and Goldman Sachs Asset Management as Additional Investors on Its Record-setting $543 Million Series A Funding Round

Transmit Security, the Identity Experience™ company, today announced that Citi Ventures and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) have joined the company’s most recent $543 million Series A funding round, setting a new record in investment history as th ...

2021-06-23 - Transmit Security raises USD 543 million in Series A round, aims to eliminate passwords

Israeli cybersecurity startup Transmit Security announced on Tuesday that it has raised USD 543 million in a Series A funding round at a pre-money valuation of USD 2.2 billion. This is one of the largest Series A rounds for a cybersecurity company. The funding round was led by Insight Partners ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$79.4M4383%N/A
#2
$92.8M5308%N/A
#3
$154.4M59653%$532M
#4
$161.2M794N/AN/A
#5
$453.5M961-3%$928M

Transmit Security Funding

DateAmountRoundLead InvestorsReference
2017-01-16$40.0MUndisclosedArticle