NSS Labs Raises $16M


What does NSS Labs do?

NSS Labs, is the world’s leading information security research and advisory. It is an independent security product testing company. The company’s expert analysis provides information technology pros with an unbiased data they require for selecting and maintaining complex security products for their companies. The company is involved in evaluating firewall, web application firewall, unified threat management, encryption, anti-malware and other technologies regularly. The company’s real world test methodology is the only one for assessing security products against live internet threats. Their tests are considered as the most aggressive ones in the industry.

How much NSS Labs was funded?

The company raised $16M in Series C on June 20, 2016 from Delta-v Capital and LiveOak Venture Partners.

Previous funding

  • $7M in Series B on April 15, 2015 from LiveOak  Venture Partners and Chevron Technology Ventures
  • $4M in Series A on December 5, 2013 from LiveOak  Venture Partners

What is next for NSS Labs?

The company plans to use the latest funding raised for the growth of its suite of services which include analyst services, in-depth security product testing and continuous product monitoring through the CAWS- Cyber Advanced Warning System, which is a revolutionary cloud based security and risk management platform. The latest funding round was led by Delta-v-Capital. As a part of the investment the company’s Managing Director will join the board of directors and Delta-v-Capital’s Vice President, Dan Williams, will be named board observer. The funding will accelerate the company with its go to market strategy, and expand the capacity of the CAWS platform for meeting its customer demand.

More about NSS Labs

The company was founded in 1991 by Bob Walder. It has its headquarters in Carlsbad, CA. The company plays a valuable and rare role in the security industry. The company’s proprietary data brings accountability and transparency to the security industry where cyber risk and product compatibility are becoming more and more difficult to quantify and assess. The company is the leading independent source for factual info on security threats, cyber risk and products.