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Mobile Cyber Startup Zimperium Builds Executive Team with New Hire

Mobile Cyber Startup Zimperium Builds Executive Team with New Hire

Zimperium appoints Swiss angel investor and former CA Technologies executive Eric Grotefeld as chief revenue officer

Tofi Stoler | 16:52  28.02.2018
Israeli founded, Delaware-registered mobile security company Zimperium Inc. appointed Swiss angel investor and former CA Technologies executive Eric Grotefeld as chief revenue officer, the company announced Tuesday.

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Founded in 2013 and headquartered in Dallas, Zimperium develops on-device cybersecurity software protecting companies and private clients from attacks targeting iOS and Android devices. The company has over 100 employees according to company data.

Zimperium co-founder Elia Yehuda. Photo: Amit Sha Zimperium co-founder Elia Yehuda. Photo: Amit Sha'al Zimperium co-founder Elia Yehuda. Photo: Amit Sha

Zimperium has raised $60 million to date, from investors including Japanese telecommunications company SoftBank Group Corporation, New York-based private equity firm Warburg Pincus LLC, and Samsung's venture investment arm Samsung NEXT.

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Unsecured mobile devices pose a serious and often disregarded ongoing threat to commercial and private organizations, Mr. Grotefeld said in a statement. The risks become extremely high “when you consider all the corporate data that is held on these devices, not to mention the potential access to the corporate networks themselves from a compromised device or app,” he said.
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