Check Point was established in
Ramat Gan,
Israel in 1993, by
Gil Shwed (
CEO ), Marius Nacht (Chairman ) and
Shlomo Kramer (who left Check Point in 2003). Shwed had the initial idea for the company's core technology known as
stateful inspection, which became the foundation for the company's first product, FireWall-1; soon afterwards they also developed one of the world's first
VPN products,
VPN-1. Shwed developed the idea while serving in the
Unit 8200 of the
Israel Defense Forces, where he worked on securing classified networks. Initial funding of
US$250,000 was provided by
venture capital fund BRM Group. In 1994 Check Point signed an
OEM agreement with
Sun Microsystems, The same year, the U.S. head office was established in
Redwood City, California. By February 1996, the company was named worldwide
firewall market leader by
IDC, with a market share of 40 percent. In June 1996 Check Point raised $67 million from its
initial public offering on
NASDAQ. In 1998, Check Point established a partnership with
Nokia, which bundled Check Point's Software with Nokia's computer
Network Security Appliances. On August 14, 2003, Check Point opened its branch in India's capital,
Delhi (with the legal name Check Point Software Technologies India Pvt. Ltd.). Eyal Desheh was the first director appointed in India. During the first decade of the 21st century Check Point started acquiring other
IT security companies, including Nokia's network security business unit in 2009. In 2018, the company discovered malware, which it named "AdultSwine", that was found programmed into around 60 apps on the
Google Play Store, primarily those aimed at children. The bug would display pornographic ads that, when clicked on, would instruct victims to download more malicious software in an attempt to steal
personal data. It's estimated that between 3 and 7 million users may have been infected. In 2019, researchers at Check Point found a security breach in
Xiaomi phone apps. The security flaw was reported preinstalled. Over the years many employees who worked at Check Point have left to start their own software companies. These include
Shlomo Kramer, who started
Imperva; Nir Zuk, who founded
Palo Alto Networks; Ruvi Kitov and Reuven Harrison of
Tufin; Yonadav Leitersdorf, who founded
Indeni; and Avi Shua, who founded Orca Security. In December 2024, Gil Shwed moved to become Executive Chairman of the Board of Check Point. Nadav Zafrir joined Check Point as the new Chief Executive Officer. == Acquisitions ==