As seen on CRN.
The 10 hottest cybersecurity startups include companies revealing threats hidden inside APIs, preventing data breaches on SaaS applications, and identifying vulnerabilities and risks in customer infrastructure.
Neosec
CEO: Giora Engel
Neosec was founded in 2020 and in September closed a $20.7 million Series A funding round led by True Ventures, New Era Capital Partners, TLV and SixThirty to brings established techniques from XDR security products to reveal threats and business abuse hiding inside APIs. The Palo Alto, Calif.-based company employs 33 people, up from just 11 employees a year ago, according to LinkedIn.
The company’s technology finds all APIs involved with an organization based on existing logs without the need to install any sensors. Neosec establishes and constantly maintains a complete inventory of APIs in use and generates missing documentation for ones that are previously unknown.
Neosec audits the risk posture of all discovered APIs and identifies those transferring sensitive data, revealing any discrepancies between existing API documentation and the parameters of the API. The technology automatically learns the baseline behavior of every API user and client, enabling customers to see, investigate, and threat hunt using detailed timelines of behavior for each user entity.
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.
