Shape Security Raises $25M to Fuel International Growth

MOUNTAIN VIEW, CA--(Marketwired - Jan 13, 2016) - Shape Security today announced it raised $25M in Series D funding to accelerate deployments of the Shape Botwall Service with customers across the globe. With this funding, Shape has raised $91M in total and now counts many of the largest enterprises in the world as customers. Beijing-based Northern Light Venture Capital joined the round to assist Shape with expansion into China.

"There is a highly increasing demand in China's e-commerce market for bot detection and corresponding services," said Feng Deng, founder of Northern Light Venture Capital and previously the founder of Netscreen (acquired by Juniper). "We invested in Shape because we believe the botwall product and service could be an excellent complementary solution together with products from other network and endpoint security vendors."