Neosec, a cybersecurity platform designed to secure APIs, today emerged from stealth with $20.

7 million in series A funding from True Ventures, New Era Capital Partners, TLV, SixThirty, and several angel investors. According to CEO Giora Engel , the proceeds will be put toward product development and growing Neosec’s business in the U.S., Europe, the Middle East , and Asia . Researchers are sounding the alarm on threats to enterprise security arising from insecure APIs . Last November , Forrester warned that organizations that fail to address API vulnerabilities could face significant data breaches

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