Round of the Week – Shape Security

In honor of the RSA Conference happening this week, we have decided to bestow our first “Round of the Week” on Shape Security.

After being rather tight-lipped since its inception and releasing its first product just last month, Shape has quickly become a force to be reckoned with. Armed with quite possibly the best Management/Board/Investor/Advisor combo in the security business and a fresh $40M in backing, this company need not be quiet about their plans anymore.

Name: Shape Security

Website:   http://www.shapesecurity.com/

Funding to Date: $66M ($6M A, $20M B, $40M C)

Deal Notables:  The Board/Management team is literally an “All Star” cast of the security world.  It is no surprise they have been able to secure so much funding prior to their product launch with the caliber of talent they have at their disposal (has to make for a crowded cap table though…). Highlights of the team below, but read here and here to see for yourself just how stacked they are.

  • Sumit Agarwal – The 1st Google Mobile Product Manager and Former Deputy Assistant Secretary of Defense for US Department of Defense
  • Shuman Ghosemajumder – Google’s former “Click Fraud Czar”
  • Michael Coates – Former Chief Security Officer of Mozilla

*Editor’s note:  We will be doing features on both the current state of the Enterprise Security market (hot like fire!!) and the relation of funding amounts to “Exceptional Co-Founders” in the near future so stay tuned!

Advertisements

3 thoughts on “Round of the Week – Shape Security

  1. Pingback: Monday Morning Memo | Capital: Ventured.

  2. Pingback: Dueling Valuations: Shape Security | Capital: Ventured.

  3. Pingback: Round of the Week – Synack | Capital: Ventured.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s