Vertex Holdings

Vertex Holdings is a venture capital firm founded in 1988 and based in Singapore, with a focus on investing in the technology and healthcare sectors. It operates a global network of operator-investors, managing portfolios across the U.S., China, Israel, India, and Southeast Asia. Vertex Holdings aims to support innovative entrepreneurs by providing them with essential operating experience and access to capital, talent, partners, and customers necessary for building successful global businesses. The firm emphasizes early-stage investments, particularly in enterprise and deep tech companies, and seeks to be a dedicated partner to startups from their inception.

Jeff Chang

Managing Director

Jeff Chang

Managing Director

Wang Jin Chee

Venture Partner

KL Chua

Managing Partner

Jonathan Heiliger

General Partner

David Heller

Managing Partner

Jiang Hong Hui

Managing Director, Investments

Gary Khoeng

Partner, Investment

Kheng Nam Lee

Deputy Chairman

Kee Lock Chua

Managing Partner

Ben Mathias

Managing Partner

Kanika Mayar

Partner, Investment

Seow Lan Pang

Managing Director

Domenic Perri

Partner

Megan Reynolds

Principal

Sik Rhee

General Partner

Insik Rhee

General Partner

Chase Roberts

Principal

Gideon Shichman

General Partner

Choon Chong TAY

Managing Partner

Sin Tham

Managing Director, Fund Operations

Brian Toh

Managing Director, Partnership Group

Zhijin Xia

Partner

Ying XU

General Partner

Past deals in Penetration Testing

Sayata

Series A in 2022
Sayata Labs Ltd., founded in 2016 and based in Tel Aviv, Israel, specializes in data-driven cyber security solutions tailored for the insurance industry. The company offers advanced cyber analytics that enhance the assessment of cyber risk, providing valuable insights for better risk differentiation and aggregation management. Sayata Labs' proprietary information enables businesses to effectively mitigate their cyber risks while assisting insurance partners in profitably expanding their cyber insurance portfolios. Through its innovative solutions, Sayata Labs contributes to a more secure and informed cyber insurance landscape.

Zenity

Seed Round in 2021
Zenity is a developer of a governance and security platform tailored for low-code and no-code applications. This platform addresses the security and compliance needs of organizations by protecting them from potential threats while allowing business and professional developers the autonomy to innovate. Zenity's solution provides organizations with the ability to configure security guardrails, generate prioritized lists of vulnerabilities, and accurately identify and remediate security issues. By fostering a collaborative environment between IT and information security, Zenity ensures that businesses can advance their objectives without compromising on visibility and control.

Testlio

Series B in 2021
Testlio Inc. offers a comprehensive online mobile app testing solution designed to streamline quality assurance processes for businesses. Founded in 2012 and based in San Francisco, with additional offices in Estonia, Testlio connects clients with a community of experienced and vetted testers through its end-to-end QA management platform. This platform integrates seamlessly with existing tools, providing high visibility throughout the testing process. Testlio's services include functional testing, localization, and detailed reporting, allowing companies to offload quality assurance tasks with flexible requirements. The company's ability to assemble dedicated QA teams that work globally and around the clock enables clients to meet deadlines and enhance product quality. Testlio's notable clients include Microsoft, Lyft, Salesforce, and CBS Interactive, among others.

Sayata

Series A in 2021
Sayata Labs Ltd., founded in 2016 and based in Tel Aviv, Israel, specializes in data-driven cyber security solutions tailored for the insurance industry. The company offers advanced cyber analytics that enhance the assessment of cyber risk, providing valuable insights for better risk differentiation and aggregation management. Sayata Labs' proprietary information enables businesses to effectively mitigate their cyber risks while assisting insurance partners in profitably expanding their cyber insurance portfolios. Through its innovative solutions, Sayata Labs contributes to a more secure and informed cyber insurance landscape.

PerimeterX

Series D in 2021
PerimeterX, Inc. is a cybersecurity firm that specializes in detecting and preventing automated attacks on web infrastructure. Founded in 2014 and headquartered in San Mateo, California, with additional offices in London, Miami, and Tel Aviv, the company offers a range of security solutions designed to protect organizations from malicious web behavior. Its flagship product, PerimeterX Bot Defender, utilizes behavioral analytics to identify and mitigate various types of bot attacks, including account abuse, web scraping, and marketing fraud. The company also provides specialized solutions for mobile applications and application programming interfaces (APIs), ensuring comprehensive protection across different platforms. Serving industries such as e-commerce, travel, hospitality, and enterprise software, PerimeterX is recognized for its advanced threat protection technology that effectively distinguishes between legitimate users and automated threats.

PerimeterX

Series C in 2019
PerimeterX, Inc. is a cybersecurity firm that specializes in detecting and preventing automated attacks on web infrastructure. Founded in 2014 and headquartered in San Mateo, California, with additional offices in London, Miami, and Tel Aviv, the company offers a range of security solutions designed to protect organizations from malicious web behavior. Its flagship product, PerimeterX Bot Defender, utilizes behavioral analytics to identify and mitigate various types of bot attacks, including account abuse, web scraping, and marketing fraud. The company also provides specialized solutions for mobile applications and application programming interfaces (APIs), ensuring comprehensive protection across different platforms. Serving industries such as e-commerce, travel, hospitality, and enterprise software, PerimeterX is recognized for its advanced threat protection technology that effectively distinguishes between legitimate users and automated threats.

Fyde

Seed Round in 2019
Fyde helps companies with an increasingly distributed workforce to mitigate breach risk by enabling secure access to critical enterprise resources for their employees, partners, contractors, and outsourcers. Fyde’s flagship enterprise product provides granular access controls for your enterprise apps and workloads, continuously monitors access requests, improves the security posture of endpoints and protects user identities against phishing and account takeover attacks.

Cymulate

Series A in 2019
Cymulate Ltd. is a cybersecurity company that provides a Software-as-a-Service (SaaS) platform for breach and attack simulation, enabling organizations to evaluate their security posture. Founded in 2016 and headquartered in Rishon LeZion, Israel, with additional offices in New York and Tokyo, Cymulate's platform allows users to simulate various attack strategies employed by hackers. This helps businesses identify vulnerabilities, validate their security controls, and gain actionable insights to enhance their defenses against cyber threats. The platform supports a range of applications, including immediate threat assessment, security posture evaluation, and compliance enablement, thereby assisting organizations in safeguarding their critical assets in an increasingly complex security landscape.

PerimeterX

Series C in 2019
PerimeterX, Inc. is a cybersecurity firm that specializes in detecting and preventing automated attacks on web infrastructure. Founded in 2014 and headquartered in San Mateo, California, with additional offices in London, Miami, and Tel Aviv, the company offers a range of security solutions designed to protect organizations from malicious web behavior. Its flagship product, PerimeterX Bot Defender, utilizes behavioral analytics to identify and mitigate various types of bot attacks, including account abuse, web scraping, and marketing fraud. The company also provides specialized solutions for mobile applications and application programming interfaces (APIs), ensuring comprehensive protection across different platforms. Serving industries such as e-commerce, travel, hospitality, and enterprise software, PerimeterX is recognized for its advanced threat protection technology that effectively distinguishes between legitimate users and automated threats.

Fyde

Seed Round in 2018
Fyde helps companies with an increasingly distributed workforce to mitigate breach risk by enabling secure access to critical enterprise resources for their employees, partners, contractors, and outsourcers. Fyde’s flagship enterprise product provides granular access controls for your enterprise apps and workloads, continuously monitors access requests, improves the security posture of endpoints and protects user identities against phishing and account takeover attacks.

Meta Networks

Seed Round in 2018
Meta Networks Ltd., founded in 2016 and based in Tel Aviv, Israel, specializes in developing cloud-native networking and security solutions for enterprises. As a subsidiary of Proofpoint, Inc., the company addresses the challenges posed by the fragmentation and vulnerability of traditional LAN/WAN architectures in an evolving digital landscape. Meta Networks offers a secure, zero-trust network that enables organizations to connect employees, private clouds, data centers, and SaaS applications seamlessly. Their innovative platform replaces conventional site-centric Virtual Private Networks (VPNs) with a flexible, always-on security model, significantly reducing the risk of security breaches while enhancing user experience. By focusing on the needs of forward-thinking IT organizations, Meta Networks aims to simplify and secure enterprise-wide connectivity in the cloud age.

PerimeterX

Series B in 2017
PerimeterX, Inc. is a cybersecurity firm that specializes in detecting and preventing automated attacks on web infrastructure. Founded in 2014 and headquartered in San Mateo, California, with additional offices in London, Miami, and Tel Aviv, the company offers a range of security solutions designed to protect organizations from malicious web behavior. Its flagship product, PerimeterX Bot Defender, utilizes behavioral analytics to identify and mitigate various types of bot attacks, including account abuse, web scraping, and marketing fraud. The company also provides specialized solutions for mobile applications and application programming interfaces (APIs), ensuring comprehensive protection across different platforms. Serving industries such as e-commerce, travel, hospitality, and enterprise software, PerimeterX is recognized for its advanced threat protection technology that effectively distinguishes between legitimate users and automated threats.

LightCyber

Series B in 2016
LightCyber Ltd. is a cybersecurity company that specializes in identifying and preventing cyber-attacks, including advanced persistent threats. Founded in 2011 and based in Ramat Gan, Israel, LightCyber develops behavioral attack detection solutions that enhance security visibility, enabling organizations to monitor and respond to abnormal network behavior. Its flagship product, LightCyber Magna™, integrates user, network, and endpoint contexts to provide comprehensive insights into various attack activities. The company also offers an incident response management solution that automates workflows and a network behavior analysis tool that visualizes changes and anomalies in a user-friendly manner. LightCyber's solutions serve multiple sectors, including finance, legal, telecommunications, government, media, and technology, and have been successfully implemented by prominent clients worldwide. In 2017, LightCyber became a subsidiary of Palo Alto Networks.

Testlio

Series A in 2016
Testlio Inc. offers a comprehensive online mobile app testing solution designed to streamline quality assurance processes for businesses. Founded in 2012 and based in San Francisco, with additional offices in Estonia, Testlio connects clients with a community of experienced and vetted testers through its end-to-end QA management platform. This platform integrates seamlessly with existing tools, providing high visibility throughout the testing process. Testlio's services include functional testing, localization, and detailed reporting, allowing companies to offload quality assurance tasks with flexible requirements. The company's ability to assemble dedicated QA teams that work globally and around the clock enables clients to meet deadlines and enhance product quality. Testlio's notable clients include Microsoft, Lyft, Salesforce, and CBS Interactive, among others.

Perfecto

Series E in 2015
Perfecto Mobile Ltd. operates a cloud-based platform designed for testing web, mobile, and Internet of Things applications, catering to developers and quality assurance teams. The company offers the Continuous Quality Lab, which facilitates the building, testing, optimization, and monitoring of mobile application usability and performance. Additionally, Perfecto Mobile provides DevTunnel for debugging mobile and web applications, as well as remote browser and mobile device testing solutions that include manual testing on real devices and cross-browser testing. Its enterprise-grade security solutions address data protection, biometric access, and compliance needs. The company also offers professional services, such as automated test case generation and technical support for various testing frameworks. Perfecto Mobile serves a global clientele, including Fortune 500 companies across banking, insurance, retail, telecommunications, and media sectors. Established in 2006 and headquartered in Minneapolis, Minnesota, with additional offices in Israel, the United Kingdom, and Germany, Perfecto Mobile operates multiple data centers in the U.S., Canada, and the U.K.

PerimeterX

Series A in 2015
PerimeterX, Inc. is a cybersecurity firm that specializes in detecting and preventing automated attacks on web infrastructure. Founded in 2014 and headquartered in San Mateo, California, with additional offices in London, Miami, and Tel Aviv, the company offers a range of security solutions designed to protect organizations from malicious web behavior. Its flagship product, PerimeterX Bot Defender, utilizes behavioral analytics to identify and mitigate various types of bot attacks, including account abuse, web scraping, and marketing fraud. The company also provides specialized solutions for mobile applications and application programming interfaces (APIs), ensuring comprehensive protection across different platforms. Serving industries such as e-commerce, travel, hospitality, and enterprise software, PerimeterX is recognized for its advanced threat protection technology that effectively distinguishes between legitimate users and automated threats.

PerimeterX

Seed Round in 2015
PerimeterX, Inc. is a cybersecurity firm that specializes in detecting and preventing automated attacks on web infrastructure. Founded in 2014 and headquartered in San Mateo, California, with additional offices in London, Miami, and Tel Aviv, the company offers a range of security solutions designed to protect organizations from malicious web behavior. Its flagship product, PerimeterX Bot Defender, utilizes behavioral analytics to identify and mitigate various types of bot attacks, including account abuse, web scraping, and marketing fraud. The company also provides specialized solutions for mobile applications and application programming interfaces (APIs), ensuring comprehensive protection across different platforms. Serving industries such as e-commerce, travel, hospitality, and enterprise software, PerimeterX is recognized for its advanced threat protection technology that effectively distinguishes between legitimate users and automated threats.

Perfecto

Series D in 2014
Perfecto Mobile Ltd. operates a cloud-based platform designed for testing web, mobile, and Internet of Things applications, catering to developers and quality assurance teams. The company offers the Continuous Quality Lab, which facilitates the building, testing, optimization, and monitoring of mobile application usability and performance. Additionally, Perfecto Mobile provides DevTunnel for debugging mobile and web applications, as well as remote browser and mobile device testing solutions that include manual testing on real devices and cross-browser testing. Its enterprise-grade security solutions address data protection, biometric access, and compliance needs. The company also offers professional services, such as automated test case generation and technical support for various testing frameworks. Perfecto Mobile serves a global clientele, including Fortune 500 companies across banking, insurance, retail, telecommunications, and media sectors. Established in 2006 and headquartered in Minneapolis, Minnesota, with additional offices in Israel, the United Kingdom, and Germany, Perfecto Mobile operates multiple data centers in the U.S., Canada, and the U.K.

Perfecto

Series C in 2012
Perfecto Mobile Ltd. operates a cloud-based platform designed for testing web, mobile, and Internet of Things applications, catering to developers and quality assurance teams. The company offers the Continuous Quality Lab, which facilitates the building, testing, optimization, and monitoring of mobile application usability and performance. Additionally, Perfecto Mobile provides DevTunnel for debugging mobile and web applications, as well as remote browser and mobile device testing solutions that include manual testing on real devices and cross-browser testing. Its enterprise-grade security solutions address data protection, biometric access, and compliance needs. The company also offers professional services, such as automated test case generation and technical support for various testing frameworks. Perfecto Mobile serves a global clientele, including Fortune 500 companies across banking, insurance, retail, telecommunications, and media sectors. Established in 2006 and headquartered in Minneapolis, Minnesota, with additional offices in Israel, the United Kingdom, and Germany, Perfecto Mobile operates multiple data centers in the U.S., Canada, and the U.K.

Perfecto

Series B in 2011
Perfecto Mobile Ltd. operates a cloud-based platform designed for testing web, mobile, and Internet of Things applications, catering to developers and quality assurance teams. The company offers the Continuous Quality Lab, which facilitates the building, testing, optimization, and monitoring of mobile application usability and performance. Additionally, Perfecto Mobile provides DevTunnel for debugging mobile and web applications, as well as remote browser and mobile device testing solutions that include manual testing on real devices and cross-browser testing. Its enterprise-grade security solutions address data protection, biometric access, and compliance needs. The company also offers professional services, such as automated test case generation and technical support for various testing frameworks. Perfecto Mobile serves a global clientele, including Fortune 500 companies across banking, insurance, retail, telecommunications, and media sectors. Established in 2006 and headquartered in Minneapolis, Minnesota, with additional offices in Israel, the United Kingdom, and Germany, Perfecto Mobile operates multiple data centers in the U.S., Canada, and the U.K.

CyberArk

Venture Round in 2007
CyberArk Software is a cybersecurity company that specializes in protecting organizations from targeted cyber threats by focusing on privileged access management and identity security. Founded in 1999 by Udi Mokady and based in Newton, Massachusetts, CyberArk serves approximately 9,000 clients, including more than half of the Fortune 500 companies, across various sectors and countries. The company offers a range of security solutions designed to prevent attack escalation and safeguard critical information assets, infrastructure, and applications. In recent years, CyberArk has shifted from traditional on-premises licenses to a subscription-based revenue model, enhancing its ability to provide ongoing security support. Additionally, CyberArk Ventures, its venture capital arm, invests in early-stage cybersecurity technology and software firms globally.

Perfecto

Series A in 2007
Perfecto Mobile Ltd. operates a cloud-based platform designed for testing web, mobile, and Internet of Things applications, catering to developers and quality assurance teams. The company offers the Continuous Quality Lab, which facilitates the building, testing, optimization, and monitoring of mobile application usability and performance. Additionally, Perfecto Mobile provides DevTunnel for debugging mobile and web applications, as well as remote browser and mobile device testing solutions that include manual testing on real devices and cross-browser testing. Its enterprise-grade security solutions address data protection, biometric access, and compliance needs. The company also offers professional services, such as automated test case generation and technical support for various testing frameworks. Perfecto Mobile serves a global clientele, including Fortune 500 companies across banking, insurance, retail, telecommunications, and media sectors. Established in 2006 and headquartered in Minneapolis, Minnesota, with additional offices in Israel, the United Kingdom, and Germany, Perfecto Mobile operates multiple data centers in the U.S., Canada, and the U.K.

APProtect

Series A in 2006
APProtect Ltd. provides anti-piracy protection solutions for consumer and business software developers and publishers. It offers Trusted Server Protection products to protect CAD tools and scientific applications in companies, universities, and other organizations; Online Software Protector family of products for protecting consumer software; and splitting machine software, which operates on a binary and splits it into two parts. The company also provides splitting, site installation, and server hosting services. APProtect Ltd. was founded in 2004 and is based in Haifa, Israel.

CyberArk

Series B in 2005
CyberArk Software is a cybersecurity company that specializes in protecting organizations from targeted cyber threats by focusing on privileged access management and identity security. Founded in 1999 by Udi Mokady and based in Newton, Massachusetts, CyberArk serves approximately 9,000 clients, including more than half of the Fortune 500 companies, across various sectors and countries. The company offers a range of security solutions designed to prevent attack escalation and safeguard critical information assets, infrastructure, and applications. In recent years, CyberArk has shifted from traditional on-premises licenses to a subscription-based revenue model, enhancing its ability to provide ongoing security support. Additionally, CyberArk Ventures, its venture capital arm, invests in early-stage cybersecurity technology and software firms globally.

CyberArk

Series B in 2002
CyberArk Software is a cybersecurity company that specializes in protecting organizations from targeted cyber threats by focusing on privileged access management and identity security. Founded in 1999 by Udi Mokady and based in Newton, Massachusetts, CyberArk serves approximately 9,000 clients, including more than half of the Fortune 500 companies, across various sectors and countries. The company offers a range of security solutions designed to prevent attack escalation and safeguard critical information assets, infrastructure, and applications. In recent years, CyberArk has shifted from traditional on-premises licenses to a subscription-based revenue model, enhancing its ability to provide ongoing security support. Additionally, CyberArk Ventures, its venture capital arm, invests in early-stage cybersecurity technology and software firms globally.
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