Noname Security vs Splunk
Side-by-side comparison of AI visibility scores, market position, and capabilities
API security platform acquired by Akamai in 2024; discovery, posture management, and runtime protection for enterprise APIs. Palo Alto CA; now integrated into Akamai's cloud security portfolio to extend API protection across Akamai's global edge delivery network.
About
Noname Security is an API security company founded in 2020 and headquartered in Palo Alto, California. The company built one of the first dedicated API security platforms to address the growing threat surface created by organizations' expanding API ecosystems. Noname's platform provides three core capabilities: API discovery and inventory to find all known and unknown APIs including shadow APIs; API security posture management to detect misconfigurations, data exposures, and compliance violations; and API runtime protection to detect and block attacks in real time. These capabilities were delivered as an out-of-band platform that analyzes API traffic without sitting inline.\n\nNoname raised approximately $220 million in funding before being acquired by Akamai Technologies in 2024. The acquisition was valued at approximately $450 million and was driven by Akamai's desire to strengthen its API security offerings within its existing CDN and security platform. Noname's technology was integrated into Akamai's API security product line, extending its reach to Akamai's large enterprise customer base. Prior to acquisition, Noname served financial services, healthcare, retail, and government organizations managing large API portfolios across hybrid and multi-cloud environments.\n\nThe Noname platform was designed to work without requiring changes to existing API gateway infrastructure, making it fast to deploy in complex enterprise environments. It integrated with popular API gateways and service meshes from AWS, Azure, Kong, Apigee, Mulesoft, and F5. Its behavioral detection engine was able to identify business logic abuse, authentication bypass, and data exposure patterns that traditional WAFs and gateways miss. The acquisition by Akamai brought its capabilities to one of the world's largest edge platforms.
Data platform for security and observability acquired by Cisco for $28B in March 2024. Used by 90 of Fortune 100; 7,500+ enterprise customers globally; flagship SIEM and Splunk SOAR power enterprise security operations centers.
About
Splunk is a data platform for security and observability founded in 2003 in San Francisco, built on the idea that machine-generated data — logs, events, metrics, traces — contains the intelligence organizations need to detect threats, investigate incidents, and ensure digital systems stay available. The company's core technology indexes and searches massive volumes of machine data in real time, enabling security and IT operations teams to answer complex questions across their entire data estate without predefined schemas.\n\nSplunk's flagship product is its SIEM (Security Information and Event Management) platform, used by 90 of the Fortune 100 to detect and respond to security threats. Its broader portfolio includes Splunk Observability Cloud for infrastructure monitoring, Splunk SOAR for security orchestration and automated response, and Splunk IT Service Intelligence for IT operations. The platform's schema-on-read approach and SPL query language give analysts flexibility to investigate novel threats and operational issues that structured databases cannot accommodate.\n\nSplunk was acquired by Cisco for $28B in March 2024, one of the largest cybersecurity acquisitions in history, and has been integrated into Cisco's AI-driven security portfolio. The combination of Cisco's network telemetry and global customer relationships with Splunk's data analytics depth creates a powerful full-stack security and observability offering. Under Cisco, Splunk is adding AI-native features — including AI Assistant for SPL and automated threat detection — to maintain its leadership position as the SIEM market evolves toward AI-augmented security operations.
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