Noname Security Raises $135M in Series D

Noname Security has successfully raised $135M in a Series D at a $1B valuation led by Georgian Partners, Lightspeed Venture Partners.

Company Overview

Noname Security is a Cybersecurity company headquartered in Palo Alto, CA, founded in 2020 with 300+ employees.

API security and protection

Fundraising Details

Amount Raised: $135M
Round Type: Series D
Valuation: $1B
Date: 2024-07-12
Investors: Georgian Partners, Lightspeed Venture Partners

About Noname Security

API security and protection The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Palo Alto, CA
Founded: 2020
Team Size: 300+
Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in Noname Security's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Noname Security's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1B valuation marks an important milestone for Noname Security, positioning the company among notable players in the Cybersecurity industry.

Looking Ahead

With this new capital, Noname Security is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-07-12. For more information about Noname Security, visit their headquarters at Palo Alto, CA.