Derivatives marketplace CME and IT services firm UST Global have invested an estimated $4m in Intel-backed cybersecurity analytics company Fortscale.

US-based cybersecurity technology developer Fortscale Security received funding from CME Ventures, the corporate venturing arm of derivatives marketplace operator CME Group, and IT services provider UST Global today, taking its total capital to $16m.

Although the amount invested by the corporates was not revealed, Fortscale had previously raised $12m across two rounds, indicating that CME and UST likely invested $4m.

Fortscale focuses on user behaviour analytics used as part of enterprise cybersecurity technology. The latest funding will support the implementation…

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