It emerged from stealth today with $20.7M in series A funding, led by True Ventures and New Era Capital Partners.

Neosec’s approach to securing APIs differs significantly from existing solutions that rely on signatures or predetermined exploits, according to Giora Engel, CEO of the Tel Aviv-based company. The platform automatically finds all APIs involved with an organization and maintains a complete inventory of them, generating missing documentation for previously unknown APIs. Neosec also audits the risk posture of individual APIs and identifies those transferring sensitive data, revealing any discrepancies between existing API documentation and the parameters of the API
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