As we report 2 weeks ago from our sources for the upcoming NoName Security Sells for $500M, It seems that the acquisition is now official and publish by Akamai. The Following number represent a lose on paper for NoName Security as the Israeli cyber security of information management estimated value was $1B as recent as 3 years ago, with the last capital funding of $135M in Series C funding. Which means that the sale is not a net profit for it’s investor, however the investors placed $220M over the years. All of Noname Security will join Akamai Security Technology, That’s including the CEO and Founder Oz Golan.
“Applications manage out life more and more over the years, suggested a source within Akamai Security Technology, “we’ve noticed that over the year we see an dramatic increase of up to 120% in API security attacks”. With this addition to Akamai security technology tools and services, they could provide additional product and services to their large database of customers and be able to scale up the product and services of Noname security. In addition to continue and invest in api security with it’s 220 new employees which h increase Akamai number of employees to around 10,400 employees.
Hey, I am A Senior Manager of threat Research, adeptly juggles both directorial and engineering duties, overseeing a spectrum of functions including data engineering, cyber threat intelligence, reverse engineering, threat research, and detection development programs. Before joining my current role, My expertise are a Cyber Security intelligence analyst and I served as an information systems technician in the Navy, providing them with a comprehensive understanding of the cyber threat landscape and the intricacies of administering secure networks.