Intel and Liberty Media have returned for TrapX Security's $18m series C round, having previously invested in a $14m series B that closed in 2016.
US-based cybersecurity technology developer TrapX Security has closed an $18m series C round that featured semiconductor producer Intel and media group Liberty Media.
Investment firm Ibex Investors led the round, which also featured BRM Group, Opus Capital and Strategic Cyber Ventures. The corporates contributed through their respective investment vehicles, Intel Capital and Liberty Technology Venture Capital.
Founded in 2012, TrapX has developed cybersecurity technology dubbed DeceptionGrid that detects attacks and deceives hackers with fake assets that appear identical to real…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
