TrapX Security Receives $9,000,000 Series B Funding

  • Feed Type
  • Date
    7/13/2015
  • Company Name
    TrapX Security
  • Mailing Address
    1875 S. Grant St. San Mateo, CA 94402 USA
  • Company Description
    TrapX Security is a leader in the delivery of deception based cyber security defense. Our solutions rapidly detect, analyze and defend against new zero day and APT attacks in real-time. DeceptionGrid™ provides automated, highly accurate insight into malware and malicious activity unseen by other types of cyber defense.
  • Website
    http://www.trapx.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The investment will be used to accelerate growth across the business, spanning the development of deception technology, the hiring of engineering and marketing talent, and the expansion of global sales initiatives.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    Liberty Venture Partners
  • Venture Investor
    Undisclosed