JetBlue helps Shape Security form $51m series F

Sep 17, 2019 • Callum Cyrus

Anti-fraud software provider Shape Security was valued at more than $1bn in a round that included follow-on funding from JetBlue Technology Ventures.

US-based online fraud protection software developer Shape Security has attracted $51m of series F funding from investors including JetBlue Technology Ventures, the corporate venturing subsidiary of air carrier JetBlue.

Cybersecurity-focused venture capital firm C5 Capital led the round, which included Kleiner Perkins, Norwest Venture Partners (NVP), Focus Ventures, Epic Ventures, Top Tier Capital Partners and HPE Growth. The cash was raised at a $1bn pre-money valuation

Shape Security develops software tools that protect enterprise clients against online fraud by employing…

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