PortSwigger — Cyborg Score 8/10

Strong
Dynamic application security testing (DAST)

Strategic Profile

PortSwigger's top competitors include Snyk, Veracode and Checkmarx. In 2026, PortSwigger won the Overall Judges' Award at the Northern Tech Awards 2026, and recently expanded its presence with new offices in London and Atlanta, supporting its mission to deliver cutting-edge cybersecurity solutions to organizations worldwide. The company's primary offering, Burp Suite Professional, is marketed as the world's #1 web penetration testing toolkit.

Cyborg Score Rationale

PortSwigger generates between $25M and $50M in revenue with a sizable team of 201-500 employees, demonstrating robust market presence. Founded in 2008, the company raised its first funding round 16 years after founding, with the latest PE round on June 27, 2024. The company holds market leadership in web application security testing with strong industry recognition and global expansion momentum.

Top Insights

  • PortSwigger reported significant revenue growth exceeding £40 million in June 2026, demonstrating strong commercial momentum and market demand for web security testing tools as enterprises prioritize AppSec investments.
  • PortSwigger unveiled Burp AI in March 2025, pioneering AI-powered web application and API security testing, positioning the company to capture the growing market for AI-enhanced security automation and reducing manual testing workload.
  • PortSwigger announced a partnership with SAP in February 2025 to enhance web application security across the global enterprise landscape, providing access to SAP's large customer base and strengthening enterprise go-to-market capabilities.

Named Competitors

  • Snyk — Developer-first application security platform
  • Veracode — Application security testing and management
  • Checkmarx — Static and dynamic application security testing

Recent Developments

  • (June 2026) Reported revenue exceeding £40 million
  • (May 2025) Expanded globally with new London and Atlanta offices
  • (March 2025) Unveiled Burp AI, an AI-powered web application and API security testing tool
  • (February 2025) Announced strategic partnership with SAP
  • (June 2024) Completed PE funding round

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