Nokod Security, a Tel Aviv-based startup focused on securing low-code/no-code custom applications and Robotic Process Automation (RPA), has raised $8 million in a seed funding round from investors including Acrew Capital, Meron Capital, and Flint Capital.
The adoption of low-code/no-code and RPA platforms is anticipated to cover 65% of the IT market by 2024, creating a new attack surface and introducing risk of compliance violations. Nokod Security aims to address this gap by providing businesses with a platform to manage cybersecurity and compliance risks arising from their custom applications and RPAs, and is currently in discussions with several Fortune 500 companies.
In our directory
Secures cloud-first companies against service supply chain attacks by managing third-party cloud service connections.
- Founded
- 2022
- Location
- Tel Aviv, Israel
- Funding
- $15M
Application security platform for low-code/no-code and RPA applications.
- Founded
- 2023
- Location
- Tel Aviv, Israel
- Funding
- $8M
The funding will be utilized to establish a presence in the United States, expand the R&D teams, and conduct novel research into security vulnerabilities in the low-code/no-code domain.
Nokod joins Israeli competitors securing no-code, low-code and 3rd-party apps like Zenity and Astrix Security.