Nokod Raises $8M in Seed Funding

Nokod Security

Nokod Security, a Tel Aviv, Israel-based company developing security for low-code / no-code custom applications and Robotic Process Automation (RPA), raised $8M in Seed funding.

The round saw participation from Acrew Capital, Meron Capital and Flint Capital.

The company intends to use the funds to establish a presence in the United States market, as well as to expand the R&D teams and support novel research of security vulnerabilities in the low-code/no-code domain.

Founded in 2023 by Yair Finzi, CEO, and CTO Amichai Shulman, Nokod Security is a startup providing a platform that enables organizations to secure their low-code / no-code custom applications and Remote Process Automation (RPA) by scanning them for security and compliance issues and applying customized auto-remediation policies. 

The platform provides the security team with a comprehensive view of the application inventory, identifies security issues and vulnerabilities and offers the organization customized auto-remediation, effectively accelerating their digital transformation. 

The company is in discussions with Fortune 500 companies in several verticals. 

FinSMEs

29/06/2023