Shape Security Receives $40,000,000 Series C Funding

  • Feed Type
  • Date
    2/25/2014
  • Company Name
    Shape Security
  • Mailing Address
    Undisclosed Mountain View, CA 94043
  • Company Description
    Shape alters the economics of web hacking. We shift costs from defenders to attackers, forcing hackers to spend much more to achieve much less. Our military-grade technology doesn’t rely on past signatures, so it uniquely protects against zero-day and other advanced threats.
  • Website
    http://www.shapesecurity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company will use the new funds to continue to enhance the capabilities of its real-time polymorphic defense and to build a worldwide sales force.
  • M&A Terms
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    Sierra Ventures
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Venrock
  • Venture Investor
    Google Ventures
  • Venture Investor
    TomorrowVentures
  • Venture Investor
    Allegis Capital