Neosec

API Security Platform

Cyber Security
Acquired (Inactive) by Akamai Technologies on Apr 2023 - closed due to acquisition
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Company Overview

Snapshot

Founded in June 2020 by Giora Engel and Ziv Sivan, Neosec operated with 11–50 employees. The company was acquired by Akamai Technologies in April 2023, marking a significant exit in the cybersecurity landscape.

Business overview

Neosec provides a powerful SaaS security platform designed to identify threats within data by offering security professionals visibility into behavior across their entire API estate. The platform is built for organizations that expose APIs to partners, suppliers, and users, focusing on discovering all APIs, analyzing their behavior, and stopping internal threats. Neosec's technology examines the entire API dataset, including historical information, to accurately locate threats that might otherwise be missed, operating within the Cyber Security sector, specifically in Application & Website Security.

Strategic signal

Neosec was acquired by Akamai Technologies in April 2023. This acquisition highlights the increasing demand for robust API security solutions and validates Neosec's technology and market position, signaling a strategic consolidation within the cybersecurity industry.

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Company Intelligence Q&A

When was Neosec acquired?
Neosec was acquired by Akamai Technologies in April 2023.
What was a key recognition for Neosec in 2022?
Neosec was named a "Cool Vendor in Application Security, 2022" by the Gartner Research Group in June 2022.
What was a significant product development announced by Neosec in September 2022?
In September 2022, Neosec announced the delivery of API behavioral analytics and threat hunting through Apigee integration.
When did Neosec emerge from stealth mode?
Neosec emerged from stealth mode in September 2021.
Who were the co-founders of Neosec?
Neosec was co-founded by Giora Engel and Ziv Sivan.
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