TrapX

TrapX

Provides deception-based cyber security defense that rapidly detect, deceive, and defeat advanced cyber attacks.

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DateInvestorsAmountRound
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€0.0

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$25.0m

Valuation: $25.0m

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2019202020212023
Revenues0000000000000000
% growth-35 %--
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

More about TrapX
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TrapX Security specializes in advanced cybersecurity solutions using deception technology to protect organizations from cyber threats. The company serves a diverse range of clients, including large enterprises and government agencies, operating primarily in the cybersecurity market. TrapX's business model revolves around providing both cloud-based and on-premises solutions that enrich attack intelligence with real-time, anonymized data from their customer community. This approach dynamically enhances clients' deception strategies, making it harder for cyber attackers to succeed. TrapX generates revenue through subscription-based services and licensing fees for their software solutions. The company addresses critical issues such as surface expansion, blind spots, and risk exposure, which have been exacerbated by digital transformation. By simplifying the adoption of frameworks like MITRE ATT&CK, TrapX helps organizations optimize their security operations despite limited staff capacity and resources.

Keywords: cybersecurity, deception technology, threat detection, risk mitigation, cloud solutions, on-premises, attack intelligence, MITRE ATT&CK, digital transformation, security operations.

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