Checkmarx Ltd.

Israel · checkmarx.com · 31 vendors

Checkmarx is a global leader in application security, offering a unified platform to help organizations secure their software from code to cloud. The company provides solutions for static and interactive application security testing, software composition analysis, and API security to identify and remediate vulnerabilities throughout the software development lifecycle.

Resilience scores

Technology vendors

Services catalogue

1 service in catalogue across 1 category; runs on 31 sub-vendors.

Insights

Last updated 2026-07-29 · revision 8

31 direct vendors, 349 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 9/10

Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.

Checkmarx exhibits very high migration readiness, primarily driven by its modern and cloud-native internal technology stack. The company extensively uses Amazon Web Services (AWS), Kubernetes, and Docker, indicating a highly containerized, microservices-oriented architecture that is inherently flexible and portable for migration. Their internal development practices leverage GitHub Actions and Jenkins for CI/CD, further supporting agile migration strategies. From a regulatory perspective, Checkmarx is well-prepared, holding compliance certifications for SOC2 Type II and ISO/IEC 27001:2022, and demonstrating GDPR compliance. Furthermore, their 'In Process' status for FedRAMP Moderate compliance for government customers highlights their capability to meet stringent security and data residency requirements, which is crucial for complex migrations. Data residency requirements are effectively managed, with operations across five global regions and the implementation of safeguards like EU Standard Contractual Clauses, offering regional deployment options. Financially, consistent revenue growth from 2017 to 2019 indicates strong financial stability, providing the necessary resources to fund potential migration efforts. While the 'Vendor Lock-in Risk' is stated as 'Unknown', their reliance on widely adopted, industry-standard technologies like AWS, Kubernetes, and Docker generally reduces proprietary vendor lock-in. The contradiction in the vendor data ('Total Vendors: 0' vs. listed vendor countries and services) makes a precise assessment of vendor lock-in challenging, but the geographic diversity across 6 unique vendor countries (assuming these refer to their actual vendors) would generally aid migration flexibility. The 'Total Services: 38' could imply some complexity in managing dependencies, but the modern tech stack mitigates this. The pending NIS2 assessment is a minor area to address but does not significantly impede readiness.

Compliance

12 in-scope frameworks identified; showing 3.

DORA (source) — Assessment Required

DORA applies to financial entities in the EU and their critical ICT third-party service providers. Checkmarx explicitly references DORA on its homepage ('NIS2 and DORA are already in force'), indicating awareness. Risk is Medium because: (1) Checkmarx serves major financial institutions (Visa, Capital One, and other banks are listed as customers); (2) if Checkmarx is classified as a 'critical ICT third-party service provider' to EU financial entities, it would be subject to direct DORA oversight by EU supervisory authorities; (3) DORA's ICT risk management, incident reporting, and operational resilience requirements would apply; (4) however, classification as 'critical' requires a formal designation process by EU supervisory authorities (ESAs), and not all ICT providers to financial entities are automatically classified as critical.

Evidence: https://checkmarx.com/, https://checkmarx.com/financial-services/, https://checkmarx.com/trust/

ISAE 3000 (source) — Assessment Required

ISAE 3000 (Revised) is the international standard for assurance engagements other than audits or reviews of historical financial information. It is the international equivalent framework underlying SOC 2 reports issued outside the US (e.g., in Europe, where auditors may issue ISAE 3000-based assurance reports rather than AICPA SOC 2 reports). Risk is Low because: (1) Checkmarx already has SOC 2 Type II (AICPA framework), which covers substantially the same ground as an ISAE 3000 assurance report; (2) for EU/European customers requiring ISAE 3000-based assurance, the SOC 2 report may be supplemented or an ISAE 3000 report may be issued by the same auditor; (3) no evidence of non-compliance or gaps has been identified; (4) the risk of regulatory penalty for absence of ISAE 3000 specifically is low as it is a voluntary assurance framework, not a mandatory regulation.

Evidence: https://checkmarx.com/trust/, https://checkmarx.com/company/about-checkmarx/

ISO 27001 (source) — Compliant

Checkmarx holds ISO/IEC 27001:2022 certification (the latest version of the standard), confirmed by multiple official sources including the website footer ('©2026 Checkmarx Ltd. All Rights Reserved. ISO/IEC 27001:2013 Certified' — note the footer references 27001:2013 while the Trust Center references 27001:2022, indicating a recent upgrade to the 2022 version). Risk is Low because: (1) ISO 27001 is actively certified and maintained; (2) the 2022 version is the current standard, demonstrating up-to-date compliance; (3) ISO 27001 certification requires annual surveillance audits and triennial recertification by an accredited certification body; (4) as a cybersecurity company, ISO 27001 is both a commercial necessity and a core operational commitment; (5) the certification covers the Information Security Management System (ISMS) for the Checkmarx One platform.

Evidence: https://checkmarx.com/trust/, https://checkmarx.com/, https://checkmarx.com/company/about-checkmarx/

Financials

Three-year financials

Financial Resilience Score: 7/10

Checkmarx is a well-established, PE-owned Israeli cybersecurity leader in application security testing with strong market position and a blue-chip customer base. It benefits from top-tier sponsorship by Hellman & Friedman, along with TPG, Insight Partners, and Salesforce Ventures on the cap table, which materially reduces near-term funding risk. Category leadership is evidenced by consistent Gartner Magic Quadrant Leader placement (2018-2025) for AST, Leader status in the inaugural 2026 Gartner MQ for Software Supply Chain Security, and Forrester Wave Leader for SAST (Q3 2025), all supporting pricing power. The Checkmarx One SaaS platform surpassed $150M+ ARR within three years of launch, indicating strong recurring revenue momentum, with blue-chip customers including Salesforce, Visa, Ford, Siemens, Capital One, Best Buy, Dell, and Adidas. FedRAMP Moderate authorization (2026) unlocks federal revenue. However, the 2020 take-private LBO likely loaded the company with substantial acquisition debt, and rising interest rates 2022-2024 would have pressured interest expense. Layoffs in 2023 and a shelved 2021 IPO reflect operating and exit challenges. Competition from Snyk, Veracode, GitHub Advanced Security, Wiz, and AI-native entrants creates margin pressure, and geopolitical risk from significant Israeli R&D operations adds volatility. Overall resilience is solid but not exceptional given the leveraged capital structure and lack of financial transparency.

Key strengths: Top-tier PE sponsor Hellman & Friedman with additional backing from TPG, Insight Partners, and Salesforce Ventures, Gartner MQ Leader for AST every year 2018-2025 and Leader in 2026 MQ for Software Supply Chain Security, Checkmarx One SaaS platform surpassed $150M+ ARR within three years of launch, Blue-chip customer base of 1,600-1,800+ enterprises including ~60% of Fortune 100 and ~40%+ of Fortune 500, Recurring subscription-heavy SaaS model improving revenue quality, FedRAMP Moderate authorization (2026) unlocking U.S. federal public sector, Global footprint across 70+ countries with 900+ employees

Risk factors: Intense competition from Snyk, Veracode, GitHub Advanced Security, Semgrep, Black Duck, Wiz, and Endor Labs, Leveraged capital structure from 2020 LBO with rising interest expense exposure, Shelved 2021 IPO with no publicly announced exit timeline; H&F 2020 vintage aging, Workforce reductions in 2023 amid broader cybersecurity slowdown, AI-driven disruption in AppSec from Copilot, Cursor, and AI-native security startups, Geopolitical risk from significant Israeli R&D presence (regional security, ILS/USD FX, reservist mobilization), Lack of public financial disclosure limits transparency

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