Noname Security
Cybersecurity / API securityUSA
New to Unitard
🤝 Acquired
Peak $1 BillionToday
~-55%
from peak
- 🦄Became a unicornDec 2021
- 📈Peak valuation$1 Billion ’21
- 💔Became a Unitard2024
- 💸Last valuation~$450M
Current status
Acquired by Akamai for ~$450M (June 2024), under half its last private valuation.
The rise & fall
5 moments · 2020–2024The key moments, with employee sentiment along the way.
2020
2020
Founded to map the APIs nobody watches
An enterprise platform to discover and protect managed — and unmanaged — APIs.
TechCrunch
Dec 2021
Dec 2021
The peak: $135M makes it a unicorn at $1B$1B
Founded only in 2020, Noname hits a $1B valuation on a $135M round in the API-security land grab.
TechCrunch
2022–24
2022–24
Security funding cools
The post-2021 reset reaches cybersecurity, and the path to a standalone future narrows.
TechCrunch
2022–24
From the inside · Glassdoor reviews, 2022–24
Glassdoor reviews from the run-up to the sale were mostly enthusiastic about a fast-paced, talent-dense culture — though a recurring minority of employees described punishing hours, leadership communication they found less than fully transparent, and a sales team that churned through reps.
Jun 2024
Jun 2024
Acquired by Akamai for ~$450M$450M
Announced in May, closed in June — under half the last private price.
TechCrunch
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
How it happened
Noname Security, founded in 2020, built an enterprise platform to discover and protect managed and unmanaged APIs. A $135M round in December 2021 made it an API-security unicorn at a $1B valuation.
As security-startup funding cooled, Akamai agreed to acquire Noname in May 2024 for about $450M, closing in June — less than half its last private price.
Source: TechCrunch / SiliconANGLE ($135M on $1B valuation, Dec 2021; $450M Akamai acquisition, May/June 2024)
Founders
Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.
