ChameleonX
Latest round
- Seed
Last raised
- Apr 2018
Total raised
- $1M
Investors
- 1
About ChameleonX
ChameleonX, LTD was founded in 2016 in Cambridge, US, focusing on innovative cybersecurity solutions. In October 2019, the company was acquired by Akamai Technologies, Inc. for USD 20 mn. The acquisition marked a strategic pivot towards enhancing Akamai's offerings in API security and performance optimization. Akamai Technologies specializes in delivering a comprehensive suite of cloud computing, security, and content delivery network (CDN) solutions. Their primary offerings include API security, website performance optimization, and enterprise application access, all designed to enhance user experience and protect digital assets. The products, such as the App & API Protector and Akamai Guardicore Platform, provide robust protection against DDoS attacks, bot activities, and other cyber threats while ensuring compliance with standards like PCI. Akamai also offers solutions for media delivery, including Adaptive Media Delivery and Download Delivery, which enable seamless streaming and large file transfers across global markets.Akamai Technologies generates revenue through a subscription-based model, allowing clients to access their suite of products and services on a recurring basis. The pricing structure typically encompasses different tiers based on the level of service and features utilized, catering to various client needs, from small businesses to large enterprises. For instance, clients may subscribe to flagship offerings like the Akamai Guardicore Platform or Application Access products, with charges linked to usage metrics such as bandwidth, API calls, or the number of secured applications. The company’s transactional framework facilitates partnerships with businesses that require robust cybersecurity measures and high-performance content delivery, ensuring a steady stream of revenue from both B2B and direct consumer interactions.Following the acquisition of ChameleonX, LTD, Akamai Technologies aims to expand its cybersecurity product offerings, focusing on the development of new services that enhance API security and performance optimization. The integration of ChameleonX's technology is expected to launch new products by late 2022, targeting sectors such as financial services and healthcare.
Who invested in ChameleonX
1 investor across 1 round
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Funding rounds
Seed
Apr 1, 2018
Amount
$1M
Investors
Questions about ChameleonX
Who invested in ChameleonX?
ChameleonX has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ChameleonX raised?
ChameleonX has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ChameleonX last raise money?
ChameleonX's most recent round on record is a Seed, in Apr 2018.
What does ChameleonX do?
ChameleonX, LTD was founded in 2016 in Cambridge, US, focusing on innovative cybersecurity solutions.
Where is ChameleonX headquartered?
ChameleonX is headquartered in Cambridge, US.
Which VCs invest in companies like ChameleonX?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at ChameleonX's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Seed
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