Shape Security Closes $6M Series A Financing

Shape Security, a Mountain View, CA-based start-up developing new web security technology, has closed a $6m Series A financing.

The round was led by Kleiner Perkins Caufield & Byers (KPCB) and Google Executive Chairman Eric Schmidt’s TomorrowVentures, with participation from special limited partner at Sequoia Capital Gaurav Garg, former Accel partner Peter Wagner, Baseline Ventures, as well as top executives from LinkedIn, Twitter, and Facebook.

In conjunction with the funding, Ted Schlein, general partner at KPCB, has joined the company’s board of directors along with Garg.

According to the the company’s website, Shape Security provides customers with a different approach because its technology doesn’t rely on past attack signatures and can protect e-commerce and social network websites against zero-day and other advanced threats.

Led by CEO Derek Smith, the company is hiring engineers (http://www.shapesecurity.com/careers.html).

FinSMEs

26/04/2012

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