Neosec
API Security Platform
Company Overview
Snapshot
Founded in June 2020 by Giora Engel and Ziv Sivan, Neosec operated with 11–50 employees. The company secured funding across two rounds from nine investors, with True Ventures leading one of the rounds. Neosec was acquired by Akamai Technologies in April 2023.
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 examines the entire API dataset, including historical information, to accurately locate threats that might otherwise be missed. The company operates within the Cyber Security sector, specializing in Application & Website Security, and leverages Artificial Intelligence and Software platforms to serve enterprise customers.
Strategic signal
In April 2023, Neosec was acquired by Akamai Technologies, marking a significant exit for the API security startup. This acquisition validates Neosec's technology and market position in behavioral analytics and threat hunting for APIs, signaling a consolidation trend in the cybersecurity landscape and a strategic move by Akamai to enhance its security offerings.
Log in to access full profile ›Company Intelligence Q&A
- What is Neosec's primary focus?
- Neosec focuses on providing an API Security Platform that offers visibility into API behavior to detect and stop threats within data for organizations exposing APIs to partners, suppliers, and users.
- When was Neosec founded and by whom?
- Neosec was founded in June 2020 by Giora Engel and Ziv Sivan.
- Which company acquired Neosec?
- Neosec was acquired by Akamai Technologies in April 2023.
- What was a notable recognition Neosec received?
- Neosec was named a "Cool Vendor in Application Security, 2022" by the Gartner Research Group in June 2022.
- Which investors participated in Neosec's funding rounds?
- Neosec received funding from investors including True Ventures and TLV Partners.