Noma Raises $32 Million in Series A

by Kay Aloha Villamor in November 11th, 2024

Noma, a Tel Aviv, Israel-based application security platform focused on securing the entire data & AI lifecycle, has raised $32 million in Series A funding. 

Investors 

The round was led by Ballistic Ventures, with participation from Cyber Club London, along with backing from strategic angels, including former CISOs from major companies. 

Ballistic Ventures is a venture capital investment firm dedicated exclusively to early-stage funding and incubation for entrepreneurs and innovations in cybersecurity. It was founded in 2021 and is based in San Mateo, California.

About Noma 

Founded by Niv Braun and Alon Tron, Noma has developed a comprehensive application security platform focused on securing the entire data & AI lifecycle. Its platform protects against various security risks, including vulnerable data pipelines, misconfigured MLOps tools, and malicious AI models. It offers end-to-end protection, from development to production, ensuring that AI systems are secure, compliant, and resilient to supply chain threats. The platform seamlessly integrates into cloud-based, SaaS, or self-hosted environments with minimal disruption to data science teams' workflows. 

Funding Details 

Company: Noma Security Inc. 

Raised: $32.0M 

Round: Series A 

Funding Date: November 2024 

Lead Investor: Ballistic Ventures 

Additional Investor: Cyber Club London 

Company Website: https://noma.security/  

Software Category: Application Security 

Source: https://www.globenewswire.com/news-release/2024/10/31/2972786/0/en/Noma-Exits-Stealth-with-32M-to-Secure-the-Entire-Data-AI-Lifecycle-from-Development-to-Production.html 

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