Nokod Security

Nokod Security

Nokod Security provides low-code/no-code application governance and security, detecting vulnerabilities and malicious activities, and invoking an auto-remediation process. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD44—65m (Dealroom.co estimates Jun 2023.)
Tel Aviv-Yafo Tel Aviv District (HQ)
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DateInvestorsAmountRound
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$8.0m

Seed
Total FundingCAD10.9m

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Nokod Security is a forward-thinking startup that specializes in securing low-code and no-code applications. These are software applications built with minimal hand-coding, often by non-developers, which makes them faster to create but potentially more vulnerable to security risks. Nokod Security addresses this by offering a comprehensive solution to track, manage, and secure these applications across all teams within an organization.

The company operates in the cybersecurity market, specifically focusing on the niche of low-code and no-code application security. This is a growing area as more businesses adopt these platforms to accelerate their digital transformation efforts. Nokod Security's clients typically include enterprises and organizations that utilize low-code and no-code platforms for their software development needs. These clients range from small businesses to large corporations across various industries.

Nokod Security's business model revolves around a subscription-based service. Clients pay for access to their platform, which provides real-time alerts for any security issues, such as data leaks or injection vulnerabilities. The platform also offers automated remediation processes, guiding application creators on necessary changes and providing security teams with steps to mitigate risks. This ensures that any potential threats are addressed promptly, maintaining the integrity and security of the applications.

The company makes money through these subscription fees, which can vary based on the size of the organization and the number of applications being monitored. By offering a scalable solution, Nokod Security can cater to both small teams and large enterprises, ensuring that all clients receive the necessary tools to secure their low-code and no-code applications effectively.

In summary, Nokod Security is a key player in the cybersecurity market, providing essential services to secure low-code and no-code applications. Their innovative approach and subscription-based model make them a valuable partner for any organization looking to safeguard their digital assets.

Keywords: cybersecurity, low-code, no-code, application security, real-time alerts, automated remediation, data protection, subscription service, enterprise solutions, digital transformation.