Shape, an information security company, will enter China with a financing of 25 million dollars
American VPS On January 16, it was reported that Shape Security, an information security company, had recently completed round D financing of $25 million. The company plans to use this round of financing funds to develop the Chinese market.
Baseline Ventures led this round of financing of the company. Other investors involved in this round of financing include Northern Lights Venture Capital, as well as the previous investors Google Venture Capital, KPCB, Northwest Venture Partners, and Eric. Tomorrow Ventures under Eric Schmidt, etc. So far, the total financing of Shape Security has reached 91 million dollars.
Dirk, CEO of the company. Derek Smith said that China's e-commerce companies are developing rapidly. Shape Security products can help. "We have paid close attention to the Chinese market. We believe that with the development of e-commerce, automated attacks will also follow. After obtaining this capital injection, one of our tasks is to find partners to explore the market and help us enter the Chinese market."
