Israeli cybersecurity startup Noma Security has raised US$100 million in a series B funding round led by US-based Evolution Equity Partners.

Noma Security, founded in 2023 in Israel, develops a platform to detect and address security risks in AI-based applications and autonomous agents.

The company says the round brings its total funding to US$132 million, with participation from Ballistic Ventures and Glilot Capital.

Noma plans to use the new capital to expand its operations in North America, Europe, the Middle East, and Africa, and to grow its product and R&D teams in Tel Aviv.

The firm currently employs around 40 people, mainly in Israel and the US.

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🔗 Source: The Times of Israel

🧠 Food for thought

1️⃣ AI security market accelerates as threats and adoption surge simultaneously

Noma’s rapid 1,300% ARR growth reflects the urgent timing collision between AI adoption and security threats.

The startup’s trajectory from founding in 2023 to a $100 million funding round demonstrates how quickly the AI security market is expanding, driven by immediate enterprise needs.

This urgency is supported by concerning attack statistics: 85% of security professionals report a rise in AI-attributed cyberattacks, while 74% note significant impacts from AI-driven threats12.

The market timing appears critical, with 53% of organizations planning to adopt agentic AI by 2026 and 83% by 2028, creating a narrow window for security solutions to mature alongside AI deployment.

The compressed timeline between AI adoption and security implementation suggests companies are recognizing they cannot afford to deploy AI systems first and secure them later.

2️⃣ Enterprise AI security represents a distinct funding category with premium valuations

Noma’s $100 million raise at just over a year from stealth mode signals that investors view AI-specific security as fundamentally different from traditional cybersecurity.

The company’s rapid scaling to dozens of Fortune 500 customers across financial services, life sciences, and tech sectors demonstrates that enterprises are willing to pay premium prices for specialized AI security solutions.

This market behavior contrasts with the broader cybersecurity funding landscape, where the global market reached $5.6 billion in 2018 investments across all categories3.

The specialized focus on “agentic AI” security—protecting autonomous AI agents that make real-time decisions—represents a new funding vertical that didn’t exist until recently.

Deloitte’s prediction that generative AI fraud losses alone will reach $40 billion by 2027 helps explain why investors are betting heavily on AI-specific security companies despite their short operational histories4.

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