Las Vegas-based network security company NS8 has secured $26 million in funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 21 and led by Edison Partners.
According to its Crunchbase profile, "NS8 is an abuse, fraud and user experience protection platform. They use behavioral analytics and real-time scoring to optimize and protect against threats."
The three-year-old startup has raised five previous funding rounds, including a $7.5 million seed round in 2017.
Over the past year, eight Las Vegas-based financial services companies have secured venture funding, totaling $37 million in new investment to the local industry.
In other local funding news, asset protection company Prime Trust announced a corporate round on March 28, financed by OK Group.
According to Crunchbase, "Prime Trust is a technology-driven trust company unlike anything else in existence. We are doing to the traditional trust industry what Paypal did to merchant processing; completely disrupting it by writing software that brings services to the masses and that business partners can build on top of."
Founded in 2016, the company has raised three previous rounds, including a $1 million Series A round in 2018.