Backers included LiveOak Venture Partners and Chevron Technology Ventures. As part of the financing, Ben Scott, General Partner of LiveOak Venture Partners, joined NSS Labs’ board of directors while Bob Grazer, Venture Executive at Chevron Technology Ventures, became an observer.
The financing will support the growth of the NSS Cyber Advanced Warning System™ launched in March 2015.
Led by Chairman and CEO Vikram Phatak; Founder and Chief Technology Officer Bob Walder, NSS provides a cyber advanced warning system, which is a real-time situational awareness tool that warns users when they are at risk of being breached. allows them to perform a cyber risk assessment, understand their exposure, and develop a strategic plan.