Noname Security Raises $135m in Series C Funding

Fazzaco learned that API security firm Noname Security has raised $135 million in a Series C funding round, which was led by Georgian and Lightspeed, with participation from existing investors Insight Partners, Cyberstarts, Next47, Forgepoint and The Syndicate Group.

The cash will be used to fund the global expansion of the Californian company's go-to-market and R&D teams and develop its technology to further mitigate the risks associated with deploying APIs.

Noname has raised $220 million in financing to date after just one year out of stealth and says it has increased customer and revenue growth by over 400% each quarter.

"Enterprises across all industries are experiencing widespread digitisation, accelerating the adoption of thousands of new APIs and the critical need to secure them for businesses on a global scale," said Noname co-founder and CEO Oz Golan.

About Noname Security

Founded in 2020, Noname Security is headquartered in Palo Alto,California. It is a security platform that allows enterprises to see and secure managed and unmanaged APIs. With Noname Security, users can protect their APIs from data leakage, authorization issues, abuse, misuse, and data corruption with no agents and no network modifications.