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Cybersecurity startup Neosec emerges with $15 million Series A

As seen on Calcalist

The Israeli company attracted investments from security visionaries Mickey Boodaei, Rakesh Loonkar, Mark Anderson, Gary Fish, and Shailesh Rao

Israeli startup Neosec announced on Tuesday that it has emerged from stealth mode and completed a $15 million Series A fundraise. The company has raised a total of $20.7 million to date, including its Seed round, from True Ventures, New Era Capital Partners, TLV, and SixThirty in addition to security visionaries Mark Anderson, Gary Fish, Mickey Boodaei, Rakesh Loonkar, and Shailesh Rao

Neosec has developed a platform that brings established techniques from XDR (Extended Detection and Response) security products, including precise behavioral analytics, to reveal threats and business abuse hiding inside APIs.

Read more on Calcalist

About Neosec

Neosec is reinventing application security with a powerful platform that unifies security and development teams to protect modern applications from threats. The foundation of the SaaS platform is built on data and analytics to manage security at scale. Neosec prevents threats from abusing the complex network of APIs that connect today's businesses. The platform helps organizations discover every API and audit risk. Neosec has pioneered the use of behavioral analytics to understand normal versus abnormal API usage and delivers powerful threat hunting capabilities. Neosec prevents threats and stops abuse hiding within APIs and brings new intelligence to application security. Neosec is based in Palo Alto, California with R&D in Tel Aviv, Israel. To learn more, visit Neosec.com.

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