Promon, a privately owned company headquartered in Norway, was founded in 2006. Focusing on enterprise security, the company employs approximately 120 individuals and reported $20.8M in revenue as of 2024. The company operates as an app security vendor with offices in APAC, the US, Germany, the UK, and India. Its research-based technology, developed in collaboration with SINTEF and the University of Oslo, includes the patented deep protection technology, Promon SHIELD, which safeguards apps utilized across industries such as finance, health, and the public sector.

2024 Revenue

Founded

2006

Headcount

112

Headquarters

Norway

Primary Segment

Enterprise security

Ownership

Privately Owned

Deployments

7

News Summary:

On April 23, 2026, Promon discussed the shifting security model for mobile apps as Generative AI integrates onto devices, driven by requirements for lower latency, enhanced privacy, offline capability, and more relevant user experiences. This followed an April 15, 2026, comparison where Promon SHIELD was evaluated against DexGuard and zDefend, highlighting its mobile app shielding capabilities across various criteria including cost and features. Previously, on April 14, 2026, Promon held a webinar, "Protection Isn’t Intelligence," arguing that evolving mobile threats necessitate understanding attacks beyond mere blocking to effectively measure risk and strengthen defenses. Earlier, on April 9, 2026, the company underscored app shielding as a baseline requirement for organizations managing sensitive data such as payments, identity, or regulated information within mobile applications. This initiative was preceded by the April 1, 2026, introduction of Promon Insight for App Security™ for mobile app security analytics, designed to provide visibility into threats like rooting, jailbreaking, and emulation, which traditional analytics often miss due to reliance on data from potentially compromised devices.

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Promon offers products in the telecoms tech industry. Promon's product portfolio comprises of enterprise security.
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Promon's revenues were less than $25M in 2024. All the revenue comes from app shielding.
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Promon's customers primarily consist of software Development and banking companies. Examples of Promon's customers include Moneta Money Bank, Raiffeisen Bank International AG and Star Finanz.

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