Thursday, March 2, 2017

Fortscale Gets $7M

San Francisco-based Fortscale Security Ltd., a developer of cybersecurity software engine which uses machine learning and analytics to uncover insider threats and data breaches, has raised $7M in a funding round. The funding was led by Evolution Equity Partners and Valor Capital Group, and also included Intel Capital, Blumberg Capital, Swarth, CME ventures and UST Global. The company has now raised $23M in total. The new funds go towards global expansion.