Shape Security hits $1B valuation with $51M Series F

INSUBCONTINENT EXCLUSIVE:
Anti-fraud startup Shape Security has tipped over the $1 billion valuation mark following its latest Series F round of $51 million.The
Mountain View, Calif.-based company announced the fundraise Thursday, bringing the total amount of outside investment to $183 million since
the company debuted in 2011.C5 Capital led the round, along with several other new and returning investors, including Kleiner Perkins, HPE
Growth and Norwest Ventures Partners.Shape Security protects companies against automated and imitation attacks, which often employ bots to
break into networks using stolen or reused credentials
collected data, like mouse movements, to shut down attempted automated logins in real time.The company said it now protects against two