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Cybersecurity Startup Shape Security Grabs $25 Million for China Expansion

Shape Security Inc. closed a $25 million Series D round, which it plans to use to fuel its expansion into China.

Baseline Ventures led the investment in the company that targets attacks led by bots. Beijing-based Northern Light Venture Capital joined existing investors GV (formerly Google Ventures), Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Eric Schmidt’s Tomorrow Ventures and others. The company has raised $91 million in funding to date.

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http://blogs.wsj.com/venturecapital/2016/01/13/cybersecurity-startup-shape-security-grabs-25-million-for-china-expansion/

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