Financial Security Startup NsKnox Raises $15 Million

Financial security startup nsKnox Technologies Ltd. has raised a $15 million funding round, the company announced Tuesday. The round was led by Israeli early-stage venture fund Viola Ventures and Microsoft’s venture fund, M12.

Founded in 2016 by Alon Cohen, who previously founded Nasdaq-listed CyberArk Software Ltd., nsKnox develops corporate payment protection technology that allows companies to validate payment authenticity, verify sender and receiver, and defend against cyber-fraud and manipulation attempts. The company is based in both Boston and Tel Aviv.

nsKnox. Photo: Liron Weissman