# Corellium

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corellium

- Industry: Telecoms
- Headquarters: Delray Beach, US
- Website: www.corellium.com
- Total disclosed funding: $25M
- Latest round: Series A (Dec 16, 2021)
- Investors on record: 2

## About

Corellium, Inc. is a US-based technology company providing advanced virtual hardware solutions that enhance mobile app security testing and IoT device management for various sectors.Founded in 2017 in Delray Beach, US, Corellium, Inc. specializes in virtual hardware solutions. The company has evolved since its inception and is led by CEO Amanda Gorton, who had previously founded other tech ventures. Corellium has secured a total funding of USD 25.00 mn across a few rounds, with the most recent round being an Add-on Trade Sale in June 2025, where Cellebrite DI Ltd. acquired Corellium for USD 190.00 mn in cash and stock. The company has established itself in the market with two significant deals.Corellium offers innovative virtual hardware solutions aimed at enhancing mobile app security testing, embedded software development, and IoT device management. Their flagship product, the Corellium Hypervisor for Arm (CHARM), allows clients to create digital twins of various systems, facilitating comprehensive testing without the constraints of physical hardware. Corellium serves a diverse clientele, including enterprises, government agencies, and educational institutions, providing tailored solutions for mobile app pentesting and secure software development across key global markets like North America, Europe, and Asia.Corellium employs a subscription-based revenue model, catering to various client needs through tailored pricing plans. Their products, such as Corellium Viper and Corellium Falcon, are designed for B2B clients and educational institutions, ensuring access to tools for mobile app security testing and vulnerability research. Clients typically engage in annual service agreements that encompass these advanced tools along with ongoing support and updates, fostering long-term relationships with users.With the recent acquisition by Cellebrite DI Ltd. set for June 2025, Corellium plans to leverage additional funding of USD 30.00 mn based on performance milestones to enhance its capabilities in identifying mobile vulnerabilities. This strategy aims to improve DevSecOps efficiency and expand its reach in the cybersecurity and IoT sectors.

## Funding rounds

- Series A, Dec 16, 2021, $25M — Paladin Capital Group, Cisco Investments

## Investors

- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series A