Top 6 Application Shielding Software Companies With $10M–$100M Revenue (September 2026)

Dallas, Texas, United States

Developer of security systems designed to protect company from device, network and application-based attacks. The company's security systems offers real-time, on-device protection against both known and unknown Android and iOS threats, enabling enterprises of all sizes, large federal and local government agencies, leading mobile operators and major OEM partners to protect mobile data, applications and sessions against device compromises, network attacks and malicious applications.

Meyreuil, France

Verimatrix (Euronext Paris: VMX) helps power the modern connected world with security made for people. We protect digital content, applications, and devices with intuitive, people-centered and frictionless security. Leading brands turn to Verimatrix to secure everything from premium movies and live streaming sports, to sensitive financial and healthcare data, to mission-critical mobile applications. We enable the trusted connections our customers depend on to deliver compelling content and experiences to millions of consumers around the world. Verimatrix helps partners to get to market faster, scale easily, protect valuable revenue streams, and win new business.

Redwood City, California, United States

Appdome protects mobile apps, APIs, and identities. Trusted by global enterprises, it delivers automated defenses against fraud, bots, malware, account takeovers, and other evolving threats—powered by zero-touch implementation and Agentic AI.

Leuven, Belgium

Guardsquare offers the most complete approach to mobile application security on the market. Built on the open source ProGuard technology, Guardsquare’s software integrates seamlessly across the development cycle. From app security testing to code hardening to real-time visibility into the threat landscape, Guardsquare solutions provide enhanced mobile application security from early in the development process through publication. More than 975 customers worldwide across all major industries rely on Guardsquare to help them identify security risks and protect their mobile applications against reverse engineering and tampering.

Oslo, Oslo, Norway

Promon is the leader in proactive mobile app security. We exist to make the world a little bit safer, one app at a time. Since 2006, some of the world’s most impactful companies have trusted Promon to secure their mobile apps. Today, more than 2 billion people use a Promon-protected app. Promon is headquartered in Oslo, Norway with offices throughout the globe.

Singapore, Central, Singapore

V-Key is a global leader in software based digital security, and is the inventor of V-OS, the world's first virtual secure element. FIPS 140-2 Validated and accredited by IMDA, V-Key's Security, Authorization, and Verification solutions are used widely across banking and government mobile and digital platforms across the region. ★ The World's First Deployed by top banks, mobile payment providers, and governments globally, V-OS is the world’s first virtual secure element. With V-OS as a strong security base, V-Key is able to provide a complete mobile application security for any mobile application. Our solutions allow businesses to roll out cloud-based payments, trusted authentication for mobile banking, and other secured mobile applications for user data protection without the need to use any form of hardware secure elements. After all, software security is the new hardware. ★ Certified Cryptography Using a FIPS 140-2 certified module for cryptographic assurance, our solutions have been accredited and accepted by multiple government agencies and regulatory bodies globally. The hardened V-OS virtual machine has been proven in multiple penetration tests to be able to withstand many classes of hacking attacks that are rarely protected against – challenging security standards previously held by hardware tokens. This allows our customers to easily comply with stringent regulatory requirements and other security requirements of cloud-based payments and mobile transactions. ★ Patented Protections V-OS has been architected and developed like a hardware encryptor in order to provide military-grade protection for your mobile app. Traditional tamper-protection relies on techniques such as code obfuscation, whitebox cryptography, and anti-tampering / anti-debugging mechanisms. V-Key tightly integrates these best-of-breed techniques into the V-OS virtual machine in a groundbreaking manner in order to create a reinforcing system of protection. (tag: vkey, mobile app protection, digital identity, 2fa, mfa)