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Shape Security raises $25 million in funding, eyes China expansion

Shape Security said it has raised $25 million in additional venture capital as it preps to expand into China.

The security company, which specializes in thwarting automated Web and mobile attacks, came out of stealth mode two years ago with a Shape Shifter appliance. Shape now protects 355 million user accounts across Fortune 500 companies. The company also announced a mobile version of its Botwall Service.

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