Neosec Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 47

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $86.7M

  • Investors
  • 1

Neosec General Information

Description

Developer of API security software platform designed to provide the safety of applications and data. The company's software uses artificial intelligence to automate the observability of application and user behavior and undertakes anomaly detection and response, enabling enterprise security engineers and developers to hunt down misuse and abuse of APIs that carry mission-critical enterprise data.

Contact Information

Website
www.neosec.com
Formerly Known As
Apiseq
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 691 South Milpitas Boulevard
  • Suite 212, Milpitas
  • Palo Alto, CA 95035
  • United States
Primary Industry
Network Management Software
Acquirer
Akamai Technologies
Vertical(s)
Cybersecurity, CloudTech & DevOps, Artificial Intelligence & Machine Learning
Corporate Office
  • 691 South Milpitas Boulevard
  • Suite 212, Milpitas
  • Palo Alto, CA 95035
  • United States

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Neosec Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 01-May-2023 $86.7M Completed Generating Revenue
2. Early Stage VC (Series A) 14-Sep-2021 Completed Generating Revenue
1. Seed Round 26-May-2020 $5.1M $5.1M Completed Startup
To view Neosec’s complete valuation and funding history, request access »

Neosec Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
Seed
To view Neosec’s complete cap table history, request access »

Neosec Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of API security software platform designed to provide the safety of applications and data. The company's softw
Network Management Software
Palo Alto, CA
47 As of 2023

San Francisco, CA
 

Malibu, CA
 
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Neosec Competitors (2)

One of Neosec’s 2 competitors is Traceable, a Formerly VC-backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Traceable Formerly VC-backed San Francisco, CA
Salt AI Venture Capital-Backed Malibu, CA
You’re viewing 2 of 2 competitors. Get the full list »

Neosec Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Neosec Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Angel (individual) Minority
Angel (individual) Minority
New Era Capital Partners Venture Capital Minority
Angel (individual) Minority
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Neosec FAQs

  • When was Neosec founded?

    Neosec was founded in 2020.

  • Where is Neosec headquartered?

    Neosec is headquartered in Palo Alto, CA.

  • What is the size of Neosec?

    Neosec has 47 total employees.

  • What industry is Neosec in?

    Neosec’s primary industry is Network Management Software.

  • Is Neosec a private or public company?

    Neosec is a Private company.

  • What is the current valuation of Neosec?

    The current valuation of Neosec is .

  • What is Neosec’s current revenue?

    The current revenue for Neosec is .

  • How much funding has Neosec raised over time?

    Neosec has raised $20.7M.

  • Who are Neosec’s investors?

    , , , New Era Capital Partners, and are 5 of 9 investors who have invested in Neosec.

  • Who are Neosec’s competitors?

    Traceable and Salt AI are competitors of Neosec.

  • When was Neosec acquired?

    Neosec was acquired on 01-May-2023.

  • Who acquired Neosec?

    Neosec was acquired by Akamai Technologies.

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