NSS Labs, Inc., an Austin, TX-based information security research and advisory company, secured $16m in equity and bank financing.
The round was led by Delta-v Capital with participation from existing investor LiveOak Venture Partners. As a part of this transaction, David Schaller, Managing Director of Delta-v Capital will join the board, and Dan Williams, Vice President of Delta-v Capital, will be named a board observer.
The company intends to use the funds to accelerate its go to market strategy, as well as expand the capacity of the CAWS platform.
Led by Vikram Phatak, CEO, NSS Labs provides the Cyber Advanced Warning System™ (CAWS), a cloud-based security and risk management platform that includes security product testing, analyst services, and product monitoring. It continuously captures live attacks being used by threat actors, and tests security products against those attacks in real time.