Fortscale Security Obtains $16,000,000 New Financing Round

  • Feed Type
  • Date
    11/25/2015
  • Company Name
    Fortscale Security
  • Mailing Address
    951 Mariners Island Boulevard San Mateo, CA 94404 USA
  • Company Description
    Only Fortscale’s user behavior analytics (UBA) solution combines expertise from the Israeli Defense Force’s elite security unit, big data analytics and advanced machine learning to deliver the holy grail of enterprise security: The ability to rapidly detect and eliminate insider threats.
  • Website
    http://www.fortscale.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing will be used to implement sales and marketing campaigns that seek to build on the tremendous momentum the company has generated in the market.
  • M&A Terms
  • Venture Investor
    CME Group
  • Venture Investor
    UST Global