Shape Security

Acquired

F5 Distributed Cloud Bot Defense

Santa Clara, United States · Founded 2011 · $117.0M raised

Employees
201–500
Founded
2011
Business Model
B2B
Total Funding
$117.0M
Last Round
$51.0M Series FSep 2019
Rounds
3
Acquisition Date
Dec 2019

About

Shape Security was an application security company that built AI-based bot detection and fraud prevention technology to protect web and mobile applications and APIs from automated attacks such as credential stuffing and fake account creation. Founded in 2011 and headquartered in Santa Clara, California, Shape's customers included major banks, retailers, airlines, and government agencies. F5 Networks acquired Shape Security in January 2020 for approximately $1 billion, integrating its bot-defense technology into F5's application delivery and security platform.

Summary

Shape Security is a Cybersecurity company based in Santa Clara, United States, founded in 2011. It has raised $117.0M in total across 3 rounds, most recently a $51.0M Series F round in Sep 2019. Investors include Norwest Venture Partners, Singtel Innov8 and Sky.

Tech & App Stack

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Funding History

AcquisitionAcquisition by F5 NetworksDec 2019

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Series D through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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