Noname Security, a Palo Alto-California-based leading API security company, announced that it secured $135 million in Series C funding at a $1B valuation.

The funding round was led by Georgian and Lightspeed, with meaningful participation from existing investors including Insight Partners, Cyberstarts, Next47, Forgepoint, and The Syndicate Group (TSG).

This new investment will fund the global expansion of Noname Security’s go-to-market and R&D teams. Noname Security has raised $220M in total financing to date just one year out of stealth, making it one of the fastest-growing cybersecurity companies ever and is the first API Security company to achieve unicorn status. 

Company: NoName Gate LLC

Raised: $135.0M

Round: Series C

Funding Month: December 2021

Lead Investors: Georgian and Lightspeed

Additional Investors: Insight Partners, Cyberstarts, Next47, Forgepoint, and The Syndicate Group (TSG).

Company Website: https://nonamesecurity.com/

Software Category: API security platform

About the Company: Founded in 2020, Noname Security offers a holistic security platform that allows enterprises to see and secure managed and unmanaged APIs. The Noname API Security Platform is the only solution to proactively secure your environment from API security vulnerabilities, misconfigurations, design flaws, and provides API attack protection with automated detection and Noname Security is the only company taking a complete, proactive approach to API Security. Noname works with 20% of the Fortune 500 and covers the entire API security scope across three pillars — Posture Management, Runtime Security, and Secure API SDLC. Noname Security is privately held, remote-first with headquarters in Palo Alto, California, and an office in Tel Aviv and London. 

Source: https://nonamesecurity.com/press/noname-security-raises-135-million-in-series-c-at-1b-valuation-becomes-first-api-security-unicorn