Nagomi Security Ltd., a startup that helps enterprises make their cybersecurity software more effective against cyberattacks, launched today with $30 million in funding.
TCV led the investment with participation from the venture capital arms of CrowdStrike Holdings Inc. and Okta Inc. Returning backer Team8 chipped in as well.
Cybersecurity products don’t always succeed at mitigating the hacking tactics they were built to fend off. Many firewalls, for example, determine what malicious websites to block based on a list of domains provided by administrators. If the list misses a domain used by hackers to launch cyberattacks, traffic from that domain might be allowed to enter the corporate network.