Neosec

API Security Platform

Cyber Security
Acquired (Inactive) by Akamai Technologies on Apr 2023 - closed due to acquisition
Acquired Tel Aviv-Yafo Founded 2020
LinkedIn
Total raised
$20.7M
Last: Series A 2021-07
Stage
Acquired
Founded
2020
Headcount
22
HQ
Tel Aviv-Yafo
Sector
Cyber Security

About

Neosec is a powerful SaaS security platform that finds threats within data. The SaaS solution gives security professionals visibility into behavior across their entire API estate. Built for organizations that expose APIs to partners, suppliers, and users, the platform discovers all APIs, analyzes their behavior, and stops threats lurking inside.

Neosec examines the entire API dataset, including historical data, and operates on more than single requests or short sequences of requests. This data focus makes Neosec highly accurate at locating threats that might otherwise be missed.

The company was named a "Cool Vendor in Application Security, 2022" by the Gartner Research Group.

Funding history · 2 rounds · $20.7M total

2021-07
Series A $15.0M
2020-06
Seed $5.7M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is Neosec's primary business focus?
Neosec is an API Security Platform that provides a powerful SaaS security solution to find threats within data by giving security professionals visibility into behavior across their entire API estate.
When was Neosec founded?
Neosec was founded in June 2020.
What was Neosec's former name?
Neosec was formerly known as Apiseq.
When was Neosec acquired and by whom?
Neosec was acquired by Akamai Technologies in April 2023.
What was the acquisition amount for Neosec?
Neosec was acquired for $91.4 million in April 2023.
How much total funding did Neosec raise before its acquisition?
Neosec raised a total of $20.7 million across its funding rounds. For full financing history, refer to startupim.
Which investors led Neosec's Seed round?
Neosec's Seed round in June 2020 was led by SixThirty.
Which investors led Neosec's Series A round?
Neosec's Series A round in July 2021 was led by True Ventures.
How many employees did Neosec have at the time of its acquisition?
Neosec had between 11 and 50 employees, with an exact count of 22, at the time of its acquisition.
What recognition did Neosec receive in 2022?
Neosec was named a "Cool Vendor in Application Security, 2022" by the Gartner Research Group.

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityApplication & Website Security
Technologies
Platforms & InterfacesSoftwareArtificial Intelligence
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B

Highlights

Verified

Tags

vulnerability-managementapplication-securitycloud-basedsaasbehavior-analyticscyber-security