Paypal and existing backers Deutsche Telekom and HPE have contributed to a series B round for cyber threat simulation developer SafeBreach.

US-based cybersecurity software developer SafeBreach has received $15m in a series B round featuring payment technology provider PayPal, telecommunications group Deutsche Telekom and enterprise technology producer Hewlett Packard Enterprise (HPE).

Draper Nexus led the round, which also featured fellow venture capital firm Sequoia Capital. Deutsche Telekom and HPE took part through their respective corporate venturing subsidiaries, Deutsche Telekom Capital Partners and HPE Pathfinder.

SafeBreach has developed a cyber threat simulation platform that launches decoy attacks on a client’s network to test…

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