Noname Security joined the Unicorn Club on December 15, 2021, after raising a $135 million Series C funding round led by Lightspeed Venture Partners and Georgian, valuing the company at $1 billion. Headquartered in San Jose, United States, Noname Security offers a comprehensive API security platform that enables organizations to discover, analyze, and protect their APIs from attacks. The company has raised $220 million to date and employs between 201 and 500 people (as of July 2024).
Keep reading to learn how Noname Security built one of the most advanced API protection platforms in the cybersecurity landscape.
What Is Noname Security and What Does It Do?
Founded in 2020, Noname Security offers an API security platform that safeguards enterprises against vulnerabilities, misconfigurations, and potential exploits within their API ecosystems. As APIs have become critical for digital transformation and data exchange, Noname’s platform helps organizations identify, monitor, and secure every API, whether managed or unmanaged, in real-time.
Its platform operates across multiple layers, including API discovery, posture management, and runtime protection. It integrates seamlessly into enterprise environments to provide visibility into shadow and rogue APIs, while also identifying potential misconfigurations or sensitive data exposures before they can be exploited.
Noname caters to a wide range of industries, including finance, retail, public sector, and healthcare, offering solutions that support regulatory compliance and data protection mandates. Its features include vulnerability detection and prevention, runtime security, API specification management, and AI-based anomaly detection.
By combining deep analytics, machine learning, and continuous monitoring, Noname Security enables organizations to achieve proactive API defense, thereby securing the backbone of modern digital infrastructures.
How Much Funding Has Noname Security Raised?
- Series C
- Amount Raised: $135M
- Date: December 15, 2021
- Lead Investors: Lightspeed Venture Partners, Georgian
- Valuation: $1B
- Purpose: Expand global operations, accelerate R&D for advanced API defense capabilities, and strengthen go-to-market efforts.
- Series B
- Amount Raised: $60M
- Date: June 2021
- Lead Investor: Insight Partners
- Purpose: Scale engineering and sales teams, expand enterprise customer base, and enhance AI-driven detection.
- Series A
- Amount Raised: $25M
- Date: December 2020
- Lead Investor: Lightspeed Venture Partners
- Purpose: Build product infrastructure and strengthen partnerships with cloud providers and security vendors.
Total Funding Raised: $220M
Latest Funding Date: December 15, 2021
Last Known Valuation: $1B
Employee Count: 201–500 (as of July 1, 2024)
Key Investors
- Lightspeed Venture Partners
- Details: A leading venture capital firm investing in enterprise software, cybersecurity, and data infrastructure.
- Focus Areas: Cloud security, developer tools, and enterprise SaaS.
- Georgian
- Details: A growth-stage investment firm supporting companies that leverage AI and data to transform industries.
- Focus Areas: Data infrastructure, AI security, and software automation.
- Insight Partners
- Details: A global private equity and venture capital firm investing in high-growth software and technology companies.
- Focus Areas: Cybersecurity, data analytics, and infrastructure software.
Where Is Noname Security’s Headquarters?
Noname Security is headquartered in San Jose, California (United States), with additional offices across Tel Aviv, London, and Singapore. Its global presence reflects its strategy to serve a diverse range of enterprise clients in North America, Europe, and Asia. The company also collaborates with major cloud providers and cybersecurity vendors to extend its API visibility and protection capabilities across hybrid and multi-cloud environments.
What’s Next for Noname Security?
After its unicorn milestone and subsequent acquisition, Noname Security continues to evolve as a core cybersecurity infrastructure provider, focusing on API intelligence and automated remediation. The company’s roadmap emphasizes deeper AI integration, threat prediction, and automated policy enforcement for API ecosystems.
With organizations increasingly relying on APIs to power digital operations, Noname’s technology is critical to ensuring secure and compliant API-driven workflows. Its solutions are being adapted to address the growing complexity of microservices, multi-cloud deployments, and AI-powered attack vectors, positioning Noname Security as a long-term player in the global cybersecurity market.
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