Jul 1

NowSecure raised $15M in new Series B funding

0 comments

The funding round was led by Forgepoint Capital with participation from existing investors Jump Capital, MATH Venture Partners and Baird Capital. Proceeds from the financing will be used for product development and to scale business operations. NowSecure Platform delivers fully automated 360-degree coverage of mobile app security testing through advanced static, dynamic, behavioral and interactive mobile app security testing on Android and iOS devices. NowSecure identifies security threats, compliance gaps and privacy issues in custom-developed, commercial, and business-critical mobile apps.

Customers (incl. tech. partners*): CapitalOne, Carfax, Citi, Concur, EMC, Emerson, E&Y, FIS, HomeDepot, Humana, Kaiser Permanente, Kellogg's, MEA Financial, Motorola Mobility, Shell, Synchrony Financial, Vaporstream

Active CISO/CSO on the Board of Advisors: ?

New Posts
  • The round was led by existing investor Softbank Group  with contributions from CRV and Spark Capital. The company provides endpoint protection solution with EDR capability and managed monitoring services. The new funding is expected to be used to scale the organization globally and invest in their technology vision of Autonomous Security Customers (incl. tech. partners*): Connecticut Water, Beam Suntory, RTI Surgical, McBee Assoicates, Flowserve, Pinnacle Technology Partners, Motorola, Medtronic, AIG, Wells Fargo, AstraZeneca, Active CISO/CSO on the Board of Advisors: Nick Percoco (CSO @Kraken), Mike Gordon (Deputy CISO @Lockheed Martin), Richard Rushing (CISO @Motorola Mobility), Kugan Kulothungan (CISO @Virtusa), Herman Young (CISO @Investec), Mike Makowka (CISO @TUV Rheinland), Seth Mccallister (CISO @HUB International)
  • The round was led by existing investor Rembrandt Venture Partners . The new investment will be used to enhance its product, drive sales and marketing initiatives, and accelerate hiring and growth across the US, Israel and other locations. The company’s platform is designed to help organizations protect their endpoints and prevent data breaches. It includes next-generation antivirus, application communication control, threat hunting, detection and response, and virtual patching capabilities. They had previously raised $34M from investors including Lightspeed Venture Partners and Viola Ventures . Customers (incl. tech. partners*): DFW International Airport, Zuora, PT. Jaringan Intech, Zumtobel Group, Rome Memorial Hospital, National Hockey League Active CISO/CSO on the Board of Advisors: ?
  • The round was led by existing customer National Australia Bank's venture arm with contributions from existing investors including Octopus Ventures . The new investment will be used to expand their Asia Pacific team. They had previously raised $48M from investors including Storm Ventures , TenEleven Ventures, Trinity Ventures and Passion Capital. Customers (incl. tech. partners*): hundreds of customers including National Australia Bank, Soi Dog, ? Active CISO/CSO on the Board of Advisors: ?
blackprint.png

Follow us!

  • Twitter Social Icon
  • YouTube Social  Icon
  • SoundCloud Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon