Morphisec Raises $12M Series B Funding Round

Morphisec, a Be’er Sheva, Israel-based Moving Target Defense platform provider, raised $12m in Series B funding.

Backers included new investor Orange Digital Ventures, the digital investment arm of Orange (Euronext Paris: ORA, NYSE: ORAN), as well as existing investors Jerusalem Venture Partners, GE (NYSE: GE) and Deutsche Telekom (XETRA: DTE).
Additional investors in Morphisec include La Maison, Portage Partners, OurCrowd, Kodem Growth Partners and Evolution Equity Partners.

The company intends to use the funds to continue to grow its customer list, partner ecosystem and headcount.

Led by Ronen Yehoshua, CEO and president, Morphisec provides an Endpoint Threat Prevention product, delivering protection against the most advanced cyberattacks. The company’s patented Moving Target Defense technology prevents threats such as APTs, zero-days, ransomware, evasive fileless attacks and web-borne exploits.

FinSMEs

19/02/2018

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