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Home > Cybersecurity > NS8 raises $123 million in series A funding

NS8 raises $123 million in series A funding

NS8 announced that it has closed $123 million in venture funding led by Lightspeed Venture Partners and AXA Venture Partners (AVP).

Erdem Yasar by Erdem Yasar
June 12, 2020
in Cybersecurity
1 min read
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NS8 raises $123 million in series A funding
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NS8 announced a $123 million series A funding. NS8 also announced that this investment, NS8 will accelerate product development and expand its global reach with an increased focus on growing its vast partner network. Lightspeed’s investment provides NS8 with access to the firm’s expansive global network, as well as a team of operators and advisors to help navigate challenges, build world-class teams, and support the company’s continued growth at all stages.

200% year-over-year revenue growth

NS8 CEO Adam Rogas
NS8 CEO Adam Rogas

NS8 also stated that the company continues to emerge as the fastest growing industry leader, with year-over-year revenue growth of 200 percent and a dedicated focus on aiding online vendors to make fraud decisions that protect their customers and their bottom line. NS8 CEO Adam Rogas said,

“Thanks to this investment from Lightspeed, AXA Venture Partners, and our full backing group, we can continue to scale to meet the growing demand for fraud prevention technology in the global marketplace. This partnership positions NS8 to empower even more businesses with enterprise-level fraud defenses, regardless of size or industry.”

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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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