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Noname Security: Business Overview, Financials & Competitive Analysis

Noname Security scores 7/10 on the AskCyborg Cyborg Score (Strong). Strategic API security acquisition that validated market demand and justified premium valuation but no longer operates as standalone business. Noname was a well-funded unicorn with strong product-market fit, commanding an exceptional $450M acquisition price by a market leader. However, as an acquired company fully integrated into Akamai since June 2024.

What is Noname Security's industry? Noname Security (nonamesecurity.com) operates in Cybersecurity Software. AskCyborg classifies Noname Security under Cybersecurity Software in its company registry.

Noname Security was an API security platform that provided comprehensive API discovery, runtime protection, and security testing. The company achieved significant market recognition before being acquired by Akamai Tec...

7/ 10Strong

Cyborg Score thesis

Strategic API security acquisition that validated market demand and justified premium valuation but no longer operates as...

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Industry Cybersecurity Software
4 named competitors
2 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 21, 2026
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What's in This Report
Noname Security OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Noname Security Overview

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Noname Security was an API security platform that provided comprehensive API discovery, runtime protection, and security testing. The company achieved significant market recognition before being acquired by Akamai Technologies in June 2024 for approximately $450 million.

Strategic Profile

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Noname provided agentless API discovery, runtime protection, and OWASP API Top 10 testing across REST, GraphQL, SOAP, and gRPC without code changes or agent deployment. The company raised over $220M in venture funding and reached a $1B valuation; over 200 employees including CEO Oz Golan joined Akamai's Security Technology Group.

Competitive Landscape

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Top competitors included Traceable Security, Salt Security, and Cequence. The API security market faced competition from cloud providers' native API gateway features and infrastructure monitoring platforms adding API observability capabilities.

Industry Context

Noname Security operates in Cybersecurity Software.

Key facts

Founded: 2020 · Headquarters: San Jose, US · Employees: 200+ · Revenue: $40M ARR (2023) · Market cap: N/A

What the analysts stress-tested

The top findings that survived the multi-agent debate for Noname Security.

  • Raised $220M across three rounds and achieved $1B valuation (December 2021) before acquisition, demonstrating exceptional investor confidence and market validation
  • Reached approximately $40M ARR by 2023 with 400%+ quarter-over-quarter growth in customer and revenue in first year of operations
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Recent developments

Material events tracked by the AskCyborg corpus.

  • June 2024Acquired by Akamai Technologies for approximately $450 million; no longer available as standalone product
  • December 2021Achieved $1 billion valuation in final Series C funding round
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Traceable SecurityAPI security platform with behavioral analysis→Salt SecurityAI-powered API security platform→CequenceAPI security and protection→AWS API GatewayNative cloud API security features→

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Industry context

Noname Security operates in Cybersecurity Software. See how the rest of the sector scores on the Cyborg framework.

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Analyst debate, not single-author opinion

Every report is stress-tested by a panel of AI analysts arguing across 11 dimensions. The output is the part of the case that survived pushback.

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Frequently asked questions

What does Noname Security do?+
Noname Security was an API security platform that provided comprehensive API discovery, runtime protection, and security testing. The company achieved significant market recognition before being acquired by Akamai Tec...
What is Noname Security's Cyborg Score?+
Noname Security has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Noname Security's main competitors?+
Named competitors include Traceable Security, Salt Security, Cequence, AWS API Gateway. The full competitive landscape is in the AskCyborg report.
How can I get the full Noname Security research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Noname Security research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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More Cybersecurity Software research

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