Neosec is a startup aiming to better secure APIs.

It emerged from stealth today with $20.7 million in Series A funding from True Ventures, New Era Capital Partners, TLV, and SixThirty.

APIs have become a hot target for attackers as organizations rapidly shifted to accommodate remote work. Reports indicate API abuses will be the most common vector used in data breaches within enterprise Web applications: Nearly all (91% of) organizations surveyed by Salt Security had an API-related issue last year, and 54% reported finding flaws in their APIs.

In the past, APIs were typically used on secure private networks and channels

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