Corellium Lands $25 Million Investment for Virtualization Tech


Corellium, a Florida-based company with its roots in the iPhone jailbreaking community, said the $25 million Series A also included investments from Cisco investments and other strategic investors.

Corellium LogoThe money comes exactly a year after a federal judge dismissed Apple’s copyright lawsuit against Corellium and the two sides reached a settlement on another matter related to alleged DMCA (Digital Millennium Copyright Act) violations. Apple is currently appealing the copyright infringement ruling.

While the company is most known for its impressive iOS emulator, Corellium chief executive Amanda Gorton said there’s a massive untapped market for virtualization and software modeling technology on Arm-based mobile and IoT devices.