TrapX Security
TrapX Security, founded in 2012 in Waltham, Massachusetts, provides deception-based cybersecurity technology for enterprise organizations in finance, defense, and healthcare, detecting advanced cyberattacks through decoy asset deployment and has raised approximately $47.7 million across four funding rounds.
- Company typePrivate
- Founded2012
- HeadquartersWaltham, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What TrapX Security does
TrapX Security, founded in 2012 and headquartered in Waltham, Massachusetts, is a privately held cybersecurity vendor that builds deception-based threat detection technology for enterprise customers. The company employs 101–250 people and operates in the for-profit private sector. According to market research, TrapX is listed among key players in the global deception technology market alongside Rapid7, LogRhythm, Attivo Networks, Illusive Networks, Cymmetria, Guardicore, Allure Security Technology, Topspin Security, and Varmour. The company's core offering deploys decoy assets across IT, OT, and network environments to lure, detect, and expose advanced attackers, zero-day exploits, ransomware, and silent intrusions before data is compromised; market-cited outcomes for deception deployments include a 91-hour reduction in average threat detection time versus traditional approaches and 73% faster cloud deployment times.
The company's go-to-market targets enterprise organizations in the finance, defense, and healthcare verticals with advanced threat detection needs. TrapX has raised approximately $47.7 million across four funding rounds from 2014 through 2019, with investors including Intel Capital, Ibex Investors, Strategic Cyber Ventures, Liberty Venture Partners, BRM Capital, and Opus Capital. Leadership includes Steve Preston (CEO), Efrat Ben Meir (CFO), Oleg Goldshmidt (CTO), and Frank Sacco (VP of Global Sales). Pricing details, revenue figures, named customers, and channel structure are not publicly disclosed in the available source material. The trapx.com web property currently resolves to Commvault's Threatwise cyber-deception product via a trapx-website referral URL, which the source data characterizes as suggesting a possible acquisition, technology integration, or branding transition; this is not explicitly confirmed in the input material.
TrapX Security firmographics
Firmographics- Name
- TrapX Security
- Website
- https://trapx.com
- Company type
- Private
- Founded year
- 2012
- Headcount range
- 101–250 employees
- Short description
- TrapX Security, founded in 2012 in Waltham, Massachusetts, provides deception-based cybersecurity technology for enterprise organizations in finance, defense, and healthcare, detecting advanced cyberattacks through decoy asset deployment and has raised approximately $47.7 million across four funding rounds.
- Ownership category
- akta.pro rank
TrapX Security industry classification
Industry- Product category
- Deception Technology / Cybersecurity Software
- NAICS
- Security Systems Services (56162), Security Systems Services (except Locksmiths) (561621)
- akta.pro primary industry
- Deception Technology & Threat Hunting (HDADAGAI)
- akta.pro secondary industry
- Deception & Honeypot-Based Network Defense (HDADABAN)
Keywords
Where TrapX Security is headquartered
LocationHeadquarters
- HQ city
- Waltham
- HQ country
- United States
- HQ region
- North America
Markets served
TrapX Security business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
TrapX Security product offering
Product offeringCore offering
TrapX Security provides deception-based cyber security defense that rapidly detects, deceives, and defeats advanced cyber attacks. The platform deploys realistic decoys across IT, OT, network, and backup environments to lure attackers away from real assets, surface malicious activity with precision alerts, and shorten detection timelines. It is targeted at enterprise customers in finance, defense, and healthcare that need proactive defense against advanced threats, zero-days, ransomware staging, and silent intrusions.
Product overview
Based on the source data provided, TrapX Security is identified as a key player in the deception technology market. The sources do not contain specific product information about TrapX Security's own product portfolio. The only product-related content available is about Commvault's Threatwise cyber deception technology (accessed via trapx-website referral URL), which suggests possible acquisition or integration between TrapX Security and Commvault. No direct product details, features, or service descriptions for TrapX Security's offerings are present in the provided source material.
Differentiator
Problem solved
Functional benefit
Companies that use TrapX Security
Customer profileSegments1 record
Ideal customer profiles1 record
TrapX Security technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TrapX Security partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights4 records
TrapX Security competitors and assessment
Company assessmentDirect peers
- Attivo Networks: Attivo Networks was a direct competitor to TrapX in deception-based threat detection, offering decoy and deception technology for networks, endpoints, cloud, and OT environments. Both companies competed head-to-head in the same enterprise deception technology category.
- Illusive Networks: Illusive Networks provides attacker-deception and identity threat detection, directly comparable to TrapX's deception platform. Both vendors focus on deceiving adversaries inside enterprise environments to detect lateral movement and advanced attacks.
- Cymmetria (acquired by Cymulate): Cymmetria was a deception-technology vendor explicitly listed alongside TrapX in industry market research. Both companies developed decoy-based solutions to lure, detect, and analyze attacker behavior in enterprise networks.
- Acalvio Technologies: Acalvio offers Active Defense deception technology for IT, OT, and cloud environments, directly competing with TrapX in enterprise-scale deception deployments. Both vendors emphasize early detection of advanced threats through decoy assets.
- Guardicore (acquired by Akamai): Guardicore provided micro-segmentation and deception capabilities and is explicitly listed as a competitor in the same market research as TrapX. Both companies target enterprise threat detection and lateral-movement prevention through deception-oriented controls.
- Varmour: Varmour offers deception and microsegmentation-based security for data centers and cloud workloads, overlapping directly with TrapX's deception approach to detecting advanced threats in enterprise infrastructure.
- Topspin Security: Topspin Security was a deception-technology vendor specifically listed in the same market research as TrapX. Both companies focused on decoy-based threat detection for enterprise environments.
- Allure Security Technology: Allure Security Technology was identified alongside TrapX as a key player in the global deception technology market, providing deception-based detection capabilities for enterprise customers.
Broad incumbents
- Rapid7: Rapid7 is a broader security analytics and detection-and-response platform listed alongside TrapX as a competitor. While not a pure-play deception vendor, Rapid7's InsightIDR and broader XDR portfolio overlaps with TrapX's threat detection value proposition for enterprise buyers.
- LogRhythm: LogRhythm is a SIEM and security analytics platform listed alongside TrapX in deception-technology market research. It addresses overlapping enterprise threat-detection use cases but from a broader security operations angle rather than pure deception.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
TrapX Security social profiles
Digital presenceTrapX Security financial estimates
Financial estimateRevenue estimate
Valuation estimate
TrapX Security leadership team
Management profileNumber of profiles
Profiles4 records
TrapX Security funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TrapX Security M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TrapX Security
What does TrapX Security do?
TrapX Security provides deception-based cyber security defense that rapidly detects, deceives, and defeats advanced cyber attacks. The platform deploys realistic decoys across IT, OT, network, and backup environments to lure attackers away from real assets, surface malicious activity with precision alerts, and shorten detection timelines. It is targeted at enterprise customers in finance, defense, and healthcare that need proactive defense against advanced threats, zero-days, ransomware staging, and silent intrusions.
When was TrapX Security founded?
TrapX Security was founded in 2012. It employs 101 to 250 people.
Where is TrapX Security based?
TrapX Security is headquartered in Waltham, United States, in the North America region.
Who are TrapX Security's main competitors?
Direct peers on record are Attivo Networks, Illusive Networks, Cymmetria (acquired by Cymulate), Acalvio Technologies, Guardicore (acquired by Akamai), Varmour, Topspin Security and Allure Security Technology. Broad incumbents are Rapid7 and LogRhythm.
Does TrapX Security have an API?
No public API is recorded for TrapX Security.
What industry is TrapX Security in?
TrapX Security's product category is Deception Technology / Cybersecurity Software. Its primary akta.pro industry code is HDADAGAI, Deception Technology & Threat Hunting, with a secondary code of HDADABAN, Deception & Honeypot-Based Network Defense. Its NAICS code is 56162.