Mobile Cyber Startup Zimperium Builds Executive Team with New Hire

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 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. 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.