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Security Innovation

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uuid0007t3f

Namestring
Security Innovation
Legal namestring
Security Innovation Inc.
Company typeenum
Private
Founded yearint
2002
Descriptiontext

Security Innovation Inc. was a private cybersecurity services firm founded in 2002 and headquartered in Wilmington, United States. The company provided risk assessment, risk mitigation, and security education services to Global 500 enterprises and mid-size companies, operating with a headcount of 51-100. Its technical base was strengthened by the 2009 acquisition of NTRU Cryptosystems, which contributed proprietary cryptographic intellectual property, and by the 2014 and 2015 acquisitions of Safelight Security Advisors and Redfort Infosec Solutions LLP, which extended its advisory and offshore delivery capacity.

The firm's business model centered on professional services revenue from software security testing, secure development training, and advisory engagements, with no publicly disclosed pricing or named customers in the available source material. It was funded by a single lead investor, Brook Venture Partners, across three disclosed rounds totaling approximately $13.1M between 2008 and 2015.

In May 2026, Security Innovation Inc. was acquired by Bureau Veritas, a global Testing, Inspection and Certification conglomerate, to strengthen the parent's cybersecurity capabilities. Following the transaction, Security Innovation operates as part of Bureau Veritas' cybersecurity division rather than as an independent entity, and the standalone investment profile is no longer applicable.

Short descriptiontext

Security Innovation Inc. was a private cybersecurity services firm providing risk assessment, risk mitigation, and security education to Global 500 and mid-size companies; acquired by Bureau Veritas in May 2026.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersWilmington, United States
HQ citystring
Wilmington
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
application security testing, cybersecurity assessment services, software security training, risk mitigation consulting, cryptographic technology solutions
Industry5 codes
1Vulnerability Assessment, Security Audits & Compliance Testing
CodeBPAKAHAGPrimaryYes
2Cybersecurity (General)
CodeEDAOAIABPrimaryNo
3Information Technology (IT) & Cybersecurity Certifications
CodeEDAAANAAPrimaryNo
4Cybersecurity Technical Skills (Security Engineering, SOC, Pen Testing)
CodeEDABAFAFPrimaryNo
5Application Security Engineering (DevSecOps, AppSec Remediation)
CodeBPAEAFAIPrimaryNo
NAICS code3 codes
  • Other Computer Related Services541519
  • Testing Laboratories and Services541380
  • Computer Systems Design and Related Services5415
SIC code3 codes
  • Services-Testing Laboratories8734
  • Services-Computer Programming Services7371
  • Services-Engineering, Accounting, Research, Management8700
Product category
Cybersecurity Services
Social media profiles3 records
Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Security Innovation provided risk assessment, risk mitigation, and security education services to Global 500 and mid-size companies. The firm specialized in software security testing, supplemented by acquired cryptographic technology (NTRU Cryptosystems) and offensive security advisory capabilities (Safelight Security Advisors, Redfort Infosec Solutions).

Differentiator
Functional benefit
Problem solved
Product and service3 records
1Risk Assessment Services
CategoryCybersecurity Services
Description

Cybersecurity risk assessment services delivered to Global 500 and mid-size companies to evaluate software and enterprise security posture.

2Risk Mitigation Services
CategoryCybersecurity Services
Description

Cybersecurity risk mitigation services helping enterprises remediate identified software and application security issues.

3Security Education Services
CategoryCybersecurity Training
Description

Security training and education services for Global 500 and mid-size companies to build software security skills across development teams.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Security Innovation Inc. was acquired by Bureau Veritas. The acquisition was made to strengthen Bureau Veritas' cybersecurity capabilities, integrating Security Innovation's expertise into the parent company's cybersecurity portfolio.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Security Innovation

Cybersecurity Servicessecurityinnovation.com

Security Innovation Inc. was a private cybersecurity services firm providing risk assessment, risk mitigation, and security education to Global 500 and mid-size companies; acquired by Bureau Veritas in May 2026.

What Security Innovation does

Security Innovation Inc. was a private cybersecurity services firm founded in 2002 and headquartered in Wilmington, United States. The company provided risk assessment, risk mitigation, and security education services to Global 500 enterprises and mid-size companies, operating with a headcount of 51-100. Its technical base was strengthened by the 2009 acquisition of NTRU Cryptosystems, which contributed proprietary cryptographic intellectual property, and by the 2014 and 2015 acquisitions of Safelight Security Advisors and Redfort Infosec Solutions LLP, which extended its advisory and offshore delivery capacity.

The firm's business model centered on professional services revenue from software security testing, secure development training, and advisory engagements, with no publicly disclosed pricing or named customers in the available source material. It was funded by a single lead investor, Brook Venture Partners, across three disclosed rounds totaling approximately $13.1M between 2008 and 2015.

In May 2026, Security Innovation Inc. was acquired by Bureau Veritas, a global Testing, Inspection and Certification conglomerate, to strengthen the parent's cybersecurity capabilities. Following the transaction, Security Innovation operates as part of Bureau Veritas' cybersecurity division rather than as an independent entity, and the standalone investment profile is no longer applicable.

Security Innovation firmographics

Firmographics
Name
Security Innovation
Legal name
Security Innovation Inc.
Website
https://securityinnovation.com
Company type
Private
Founded year
2002
Operating status
Acquired
Headcount range
51–100 employees
Short description
Security Innovation Inc. was a private cybersecurity services firm providing risk assessment, risk mitigation, and security education to Global 500 and mid-size companies; acquired by Bureau Veritas in May 2026.
Ownership category
akta.pro rank

Security Innovation industry classification

Industry
Product category
Cybersecurity Services
NAICS
Other Computer Related Services (541519), Testing Laboratories and Services (541380), Computer Systems Design and Related Services (5415)
SIC
Services-Testing Laboratories (8734), Services-Computer Programming Services (7371), Services-Engineering, Accounting, Research, Management (8700)
akta.pro primary industry
Vulnerability Assessment, Security Audits & Compliance Testing (BPAKAHAG)
akta.pro secondary industries
Cybersecurity (General) (EDAOAIAB), Information Technology (IT) & Cybersecurity Certifications (EDAAANAA), Cybersecurity Technical Skills (Security Engineering, SOC, Pen Testing) (EDABAFAF), Application Security Engineering (DevSecOps, AppSec Remediation) (BPAEAFAI)

Keywords

  • Application security testing
  • Cybersecurity assessment services
  • Software security training
  • Risk mitigation consulting
  • Cryptographic technology solutions

Where Security Innovation is headquartered

Location

Headquarters

HQ city
Wilmington
HQ country
United States
HQ region
North America

Markets served

Security Innovation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Security Innovation product offering

Product offering

Core offering

Security Innovation provided risk assessment, risk mitigation, and security education services to Global 500 and mid-size companies. The firm specialized in software security testing, supplemented by acquired cryptographic technology (NTRU Cryptosystems) and offensive security advisory capabilities (Safelight Security Advisors, Redfort Infosec Solutions).

Differentiator

Problem solved

Functional benefit

Products and services

  • Risk Assessment Services Cybersecurity risk assessment services delivered to Global 500 and mid-size companies to evaluate software and enterprise security posture.
  • Risk Mitigation Services Cybersecurity risk mitigation services helping enterprises remediate identified software and application security issues.
  • Security Education Services Security training and education services for Global 500 and mid-size companies to build software security skills across development teams.

Companies that use Security Innovation

Customer profile

Ideal customer profiles1 record

Security Innovation technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Security Innovation partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Bureau VeritascoreStrategic or Co-development PartnerSecurity Innovation Inc. was acquired by Bureau Veritas. The acquisition was made to strengthen Bureau Veritas' cybersecurity capabilities, integrating Security Innovation's expertise into the parent company's cybersecurity portfolio.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Security Innovation competitors and assessment

Company assessment

Market position

Strengths3 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Security Innovation social profiles

Digital presence

Security Innovation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Security Innovation leadership team

Management profile

Number of profiles

Profiles1 record

Security Innovation funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Security Innovation M&A and investment

M&A and investment

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Security Innovation

What does Security Innovation do?

Security Innovation provided risk assessment, risk mitigation, and security education services to Global 500 and mid-size companies. The firm specialized in software security testing, supplemented by acquired cryptographic technology (NTRU Cryptosystems) and offensive security advisory capabilities (Safelight Security Advisors, Redfort Infosec Solutions).

Is Security Innovation a public or private company?

Security Innovation is a private company. It is classified as corporate owned and is currently acquired.

When was Security Innovation founded?

Security Innovation was founded in 2002. It employs 51 to 100 people.

Where is Security Innovation based?

Security Innovation is headquartered in Wilmington, United States, in the North America region.

Does Security Innovation have an API?

No public API is recorded for Security Innovation.

What industry is Security Innovation in?

Security Innovation's product category is Cybersecurity Services. Its primary akta.pro industry code is BPAKAHAG, Vulnerability Assessment, Security Audits & Compliance Testing, with a secondary code of EDAOAIAB, Cybersecurity (General). Its NAICS code is 541519 and its SIC code is 8734.

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Live signals
openPR.comEmerging Growth Patterns, Segment Analysis, and Competitive Approaches Influencing the Testing Software MarketThe testing software market is expected to grow significantly, reaching $93.51 billion by 2030 with a CAGR of 10.1%, driven by the adoption of AI-powered testing tools, cloud-native applications, and increased cybersecurity focus. Major companies involved include IBM Corporation, Capgemini SE, Infosys Limited, and Bureau Veritas, which acquired Security Innovation Inc. to strengthen its cybersecurity capabilities.Security Journal AmericasAccelerating innovation in the security industryEssam Choudhary, Co-Founder and President of The Security Innovation Hub, discusses the not-for-profit organization's mission to bridge the gap between security technology vendors and frontline security personnel through collaboration rather than transactions. In the interview, Choudhary identifies key industry trends including consolidation through acquisitions, the return to focusing on physical security fundamentals alongside software, and the need for better AI implementation strategies that integrate human judgment. The Security Innovation Hub is serving as Platinum Partner for the SJA Leaders in Security Conference 2026, which will be held in Chicago.SecurityinnovationResourcesSecurity Innovation, Inc. conducted a security assessment on a robot vacuum cleaner, finding vulnerabilities in insecure communication channels, firmware update mechanisms lacking digital signatures, and mobile app exploitability. It also examined a Suzuki Katana motorcycle's sealed ignition control system, which it reverse-engineered to test timing algorithms.GlobeNewswireBureau Veritas acquires Security Innovation Inc. to reinforce its Cybersecurity expertise in the software domainBureau Veritas agreed to acquire US software security firm Security Innovation Inc. to strengthen its cybersecurity capabilities. Security Innovation generated EUR 21 million in revenue in 2023 and adds 95 specialists. The deal is expected to close in Q3 2024.Bureau VeritasBureau Veritas acquires Security Innovation Inc. to reinforce its Cybersecurity expertise in the software domainBureau Veritas announced it has signed an agreement to acquire US-based software security firm Security Innovation Inc., which offers software testing, SDLC advisory and training. The deal adds 95 specialists and EUR 21 million in 2023 revenue, with closing expected in Q3 2024.GlobeNewswireBureau Veritas acquires Security Innovation Inc. to reinforce its Cybersecurity expertise in the software domainBureau Veritas has signed an agreement to acquire Security Innovation Inc., a US-based software security firm, to expand its cybersecurity capabilities and establish a new hub in the United States. The transaction, expected to close in Q3 2024, adds 95 specialists and EUR 21 million in annual revenue to Bureau Veritas' portfolio. This move aligns with Bureau Veritas' strategy to accelerate growth in the fast-growing cybersecurity sector.GlobeNewswireSecurity Innovation Launches New, Realistic Cyber Range to Help Companies Develop More Secure Software ApplicationsSecurity Innovation launched Shadow Health, an intermediate cyber range with 45 challenges and 14 vulnerability types based on OWASP Top 10 and other frameworks. The training simulates healthcare portal attacks and is available immediately, with pricing based on participants and session length.GlobeNewswireSecurity Innovation Offers Transformative AppSec Analyst Certification Program Addressing Cybersecurity Talent ShortageSecurity Innovation announced the AppSec Analyst (ASA) Certification Program with Cyversity to address the 3.5 million-person cybersecurity talent shortage. The program, sponsored by TikTok, targets underrepresented groups and includes resume workshops and mock interviews. Security Innovation will follow up with participants after six months to measure impact.GlobeNewswireSecurity Innovation adds industry Software veteran to leadership teamSecurity Innovation appointed Steven Correnti as Chief Revenue Officer to drive revenue growth through market penetration. Correnti brings 20 years of software and security sales experience, previously leading sales at DeepHow, Zendesk, Perforce, and SmartBear. He will lead efforts to build on the company's 20-year history of profitability.GlobeNewswireSecurity Innovation offers free, hands-on software security trainingSecurity Innovation announced free hands-on software security training from October 5 to 31, featuring 40 labs on OWASP Top 10, Attack, and Defend. The training is part of its CMD+CTRL Base Camp platform, which has over 3.5 million users.