Noname Security
Enterprise API Security Platform
Company Overview
Snapshot
Founded in February 2020 by Oz Golan and Shay Levi, Noname Security operated with 201–500 employees. The company raised a total of $220 million across 3 funding rounds from 8 investors. In May 2024, Noname Security was acquired by Akamai Technologies.
Business overview
Noname Security provides an API security platform designed to eliminate API security blind spots and protect enterprises from data leakage, authorization issues, abuse, misuse, and data corruption. Its core technology offers posture management, runtime security, and API security testing without requiring agents or network modifications. The company serves Fortune 500 companies and other businesses, operating within the Cyber Security sector, specifically focusing on Application & Website Security.
Strategic signal
In May 2024, Akamai Technologies acquired Noname Security for $450 million. This acquisition highlights the increasing strategic importance of API security in the broader cybersecurity landscape and signals a consolidation trend where larger technology companies are integrating specialized API security capabilities to enhance their offerings and address evolving threats.
Log in to access full profile ›Company Intelligence Q&A
- What was the most significant recent corporate development for Noname Security?
- In May 2024, Noname Security was acquired by Akamai Technologies for $450 million. This marked a major exit for the company and its investors.
- When did Noname Security achieve unicorn status?
- Noname Security achieved unicorn status in December 2021, approximately one year after exiting stealth mode, following a $135 million Series C funding round.
- Which investors participated in the Series B funding round?
- In June 2021, Noname Security raised a Series B round with participation from.
- What was the initial funding for Noname Security?
- In December 2020, Noname Security secured its Series A funding round, with.
- What was the strategic focus of Noname Security's product development in 2022?
- In May 2022, Noname Security launched Active Testing, a feature designed to help businesses identify and remediate vulnerabilities before they reach production. In June 2022, the company also released an advanced global API security solution focused on greater scalability and performance.