Cybersecurity software developer Preempt raised $17.5m in a round backed by Intel Capital, taking its funding to $27.5m altogether.

Israel-based cybersecurity technology provider Preempt has received $17.5m in series B funding from a consortium including Intel Capital, the corporate venturing arm of semiconductor product maker Intel.

Investment management firm Blackstone and venture capital firms ClearSky and General Catalyst also took part in the round, which boosted the company’s total funding to $27.5m, it said. Patrick Heim, operating partner at ClearSky, will join Preempt’s board of directors.

Preempt has created a software platform that identifies and pre-emptively targets cyber threats…