Cyber Security Company TrapX Raises $14M

April 20, 2016 | Israeli cyber security startup TrapX has closed a $14 million Series B financing round. The company raised $9 million of this amount last year led by investors Intel Capital and Liberty Israel Venture Fund together with investors BRM Group and Opus Capital. It has now expanded this round with an additional $5 million investment from Strategic Cyber Ventures. The company was founded by VP services and research Moshe Ben-Simon and CTO Yuval Malachi. Headquartered in San Mateo, California, the company’s development center is in Tel Aviv.