Shape Security Picks Up $40M For Automated Security Software
Mountain View-based Shape Security announced on Thursday that it has raised $40M, as part of a Series D funding round. The funding came from Hewlett Packard Pathfinder, along with DBI, Baseline Ventures, Kleiner Perkins Caufield & Byers, NVP, Venrock, Google Ventures, Eric Schmidt, and Northern Light Ventures. The company says it has now raised $116M in total. Shape Security's technology is used to automatically detect and respond to attacks on application software. Shape's CEO is Derek Smith.
posted on Thursday, September 29, 2016 (Link to more information)
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