VMRay
VMRay is a cybersecurity company that provides malware and phishing analysis tools for enterprises, government agencies, and MSSPs. The company has raised $41M, most recently in a Series B round in December 2022, and employs 123 people.
The growth story
VMRay grew from 94 to 123 employees between 2021 and 2026, raising $41M along the way, most recently a Series B in December 2022.
About
VMRay develops a malware and phishing analysis platform that automates security operations and accelerates threat detection and response. Its tools are used by enterprises, government organizations, and managed security service providers to build reliable threat intelligence and reduce noise in security alerts.
The company raised $41M in a Series B round in December 2022, led by investors including Tikehau Capital and eCAPITAL. With 123 employees, VMRay has established itself as a key player in advanced threat analysis, though its headcount growth rate over the past year is unclear.
Founders and leadership
Engineering is the largest function at VMRay, with 22 employees. The company is led by cybersecurity pioneers, though specific leadership details are not provided.
The VMRay org chart
Carsten Willems (CEO) leads 48 mapped leaders with 6 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 25 (+4% YoY), Information Technology 25 (+9% YoY), Sales 16 (+7% YoY), Business Development 10 (0% YoY), Human Resources 5 (0% YoY), Administrative 5 (+67% YoY).
Talent flow
VMRay recruits heavily from Ruhr University Bochum, which accounts for 13 of its employees. Other notable talent sources include Mimecast, Proofpoint, and Cisco. Alumni have moved to companies like Google, Palo Alto Networks, and SOCRadar.
Most common previous employers of VMRay staff: Ruhr University Bochum (5), Mimecast (4), Proofpoint (3), Cisco (3), Utimaco (2), Oracle (2). Former VMRay employees most often moved to ALDI DX (3), Realm Security (2), Google (2), SOCRadar® Extended Threat Intelligence (2), Palo Alto Networks (2), GBTEC (2).
Alumni worth knowing
The VMRay mafia
VMRay alumni have founded four companies, including Boost Fertility (9 staff), Fuzzware.io (3 staff), Borderless Technologies (3 staff), and Fivep (1 staff).
4Daniel G. Wilson, was Technical Writer until 2021Tobias Scharnowski, was Malware Analyst until 2019Paul Jökel, was Software Engineer until 2020Arjan van Proosdij, was Head of Product Marketing until 2021Hiring now
Web traffic
Traffic mix: 43% direct, 30% search, 4% social, 0% paid.
What this company is made of
Most common skills at VMRay: Project Management (32), Python (Programming Language) (29), Leadership (28), Linux (28), Cybersecurity (26), Management (24), English (22), Microsoft Excel (21).
Where the team actually sits
VMRay people are concentrated in North Rhine-Westphalia, Germany (36), Ruhr Region (6), Germany (5), Massachusetts, United States (5).
Search footprint
VMRay attracts about 2,122 organic search visits a month, traffic worth roughly $25K a month if bought through ads. It gained 345 ranking keywords and lost 481 in the last period.
What employees say
- Compensation
- 3.60 / 5
- Career opportunities
- 3.60 / 5
- Senior management
- 3.90 / 5
- Work-life balance
- 4.30 / 5
Frequently asked
VMRay has 123 employees as of September 2026.
VMRay has raised $41M in total, most recently a Series B round in December 2022.
Carsten Willems (CEO) sits at the top of VMRay's reporting structure, with 6 direct reports.
The most common previous employers of current VMRay staff are Ruhr University Bochum (5 people), Mimecast (4 people), Proofpoint (3 people).
Former VMRay employees most often move to ALDI DX (3), Realm Security (2), Google (2).
At least 4 companies have a founder who previously worked at VMRay, including Boost Fertility, Fuzzware.io, Borderless Technologies.
VMRay attracts about 2,122 organic search visits a month, worth roughly $25K a month in equivalent ad spend.
The most common skills among VMRay staff are Project Management, Python (Programming Language), Leadership, Linux, Cybersecurity.
VMRay staff are concentrated in North Rhine-Westphalia, Germany (36), Ruhr Region (6), Germany (5).
VMRay has about 25 people in Engineering, up 4% over the past year, as of September 2026.
VMRay has about 25 people in Information Technology, up 9% over the past year, as of September 2026.
Computed from 97 current and 120 former VMRay profiles, as of September 2026. Source: Crustdata.
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