Last updated 2026-07-26
- Acquired by Akamai Technologies for $91.4M, Apr 2023
- Raised $15M Series A led by True Ventures, Jun 2021
- Raised $5.7M Seed round led by SixThirty, May 2020
Total raised
$20.7M
Last: Undisclosed Round 2021-07
Stage
Acquired
Founded
2020
Headcount
40
HQ
Tel Aviv-Yafo, Israel
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
2021-06
A Round
$15.0M
★ True VenturesGary FishSixThirtyTLV PartnersShailesh RaoMark AndersonRakesh LoonkarMickey Boodaei
2020-05
Seed
$5.7M
★ SixThirty
Headcount over time
From 47 (2023-03) to 14 (2026-03) · -33 (-70%) · 11 points · source: Finder history + radar grounding
Q&A
- What is Neosec's primary business?
- Neosec provides a powerful SaaS security platform that identifies threats within data and offers visibility into behavior across an entire API estate. It is designed for organizations that expose APIs to partners, suppliers, and users.
- When was Neosec founded?
- Neosec was founded in June 2020.
- How much funding has Neosec raised in total?
- Neosec raised a total of $20.7 million across its funding rounds.
- Who were the lead investors in Neosec's Series A funding round?
- Neosec's Series A funding round in September 2021 was led by True Ventures.
- When and by whom was Neosec acquired?
- Neosec was acquired by Akamai Technologies in April 2023 for $91.4 million.
- What was Neosec's employee count at the time of its acquisition?
- At the time of its acquisition by Akamai Technologies, Neosec had 40 employees.
- Has Neosec received any notable industry recognition?
- Yes, Neosec was named a "Cool Vendor in Application Security, 2022" by the Gartner Research Group.
- What was Neosec's last known funding round before its acquisition?
- Neosec's last known funding round was a $15 million Series A in September 2021, led by True Ventures.
Team · 2
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | neosec.com |
|---|---|
| linkedin.com/company/69959213 | |
| facebook.com/neoseccom | |
| YouTube | youtube.com/channel/UCzWtVLm9iDKbliQC1hQTO9A?app=desktop |
Identifiers & details
| Former names | Apiseq |
|---|---|
| Founded | 2020-6 |
| Employees (exact) | 40 |
| Offices | Palo Alto |
| Status reason | Acquired (Inactive) by Akamai Technologies on Apr 2023 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Akamai Technologies 2023-04 $91.4M
Radar intelligence
Web history (Wayback)
| Domain | neosec.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516202041 |
|---|---|
| Status | מחוסלת עקב מיזוג — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2020-06-04 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2023 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | אלון יגאל 82 תל אביב - יפו |