What is Mayhem?
Mayhem, formerly known as ForAllSecure, is a prominent cybersecurity software company specializing in automated application security testing. Its platform is engineered to assist organizations in identifying, validating, and remediating software vulnerabilities before they can be exploited. The company has pioneered advanced security testing methodologies, integrating fuzz testing, symbolic execution, machine learning, and automated vulnerability verification into a cohesive security solution. Mayhem's origins stem from cutting-edge cybersecurity research at Carnegie Mellon University, focusing on automating the discovery and remediation of software weaknesses. This foundational research has enabled the development of its commercial Mayhem platform, which aims to revolutionize how organizations secure their software applications and APIs.
How much funding has Mayhem raised?
Mayhem has raised a total of $36M across 3 funding rounds:
Series A
$14.7M
Debt
$350K
Series B
$21M
Series A (2019): $14.7M with participation from New Enterprise Associates
Debt (2020): $350K led by PPP
Series B (2022): $21M supported by Koch Disruptive Technologies and New Enterprise Associates
Key Investors in Mayhem
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on supporting entrepreneurs in building impactful businesses across various sectors.
Koch Disruptive Technologies
Koch Disruptive Technologies is an investment entity focused on backing transformative technologies and innovative companies that aim to reshape industries.
PPP
Public-Private Partnership
What's next for Mayhem?
The recent major strategic investment positions Mayhem for accelerated growth and further development of its automated application security testing technologies. With a substantial total funding amount of $36.1M, the company is poised to expand its market reach and enhance its platform's capabilities. This capital infusion is expected to fuel innovation in areas such as AI-driven vulnerability detection and remediation, enabling Mayhem to address the evolving landscape of cyber threats. The company's focus on enterprise-level solutions suggests a strategic push towards larger market segments and deeper integration within corporate security infrastructures.
See full Mayhem company page
