When was Shape Security founded?

Shape Security was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Shape Security located?

Shape Security is headquartered in Mountain View, United States. It is registered at Mountain View, California.

Who is the current CEO of Shape Security?

Derek Smith of Shape Security. They are also angel investors in 2 startups.

How many employees does Shape Security have?

As of Mar 01, 2026, the latest employee count at Shape Security is 50 - 199.

Is Shape Security a funded company?

Shape Security is a funded company, having raised a total of $208M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 23, 2012.

How much is Shape Security worth?

The last known valuation of Shape Security was $***** as of Sep 12, 2019.

When was the latest funding round of Shape Security?

Shape Security's latest funding was a $***** Series F round on Sep 12, 2019, with participation from 8 investors.

Where does Shape Security rank among its competitors?

Shape Security ranks 2nd amongst 33 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Netacea, which secured $5.09M in Dec, 2024.

Who are the top competitors of Shape Security?

Shape Security's top competitors include DataDome, Netacea and ShieldSquare. Among them, Netacea secured the most recent funding round in December, 2024.

Shape Security - 2026 Company Profile, Team, Funding & Competitors

Company Details

Shape Security's product ShapeShifter appliance, sitting in front of the website, makes subtle transmutation of underlying HTML page code of web pages before presenting it to any visitor. Due to this, the attacker finds that the website is constantly changing and targeted attacks fail. Shapeshifter’s approach does require considerable processing power. Because it is computationally intensive, Shapeshifter has to be tested carefully in any website environment.

Website: shapesecurity.com
Social
Registered Address: Mountain View, California

Key Metrics

Founded Year

2011

Location

Mountain View, United States

Stage

Acquired

Total Funding

$208M in 7 rounds

Latest Funding Round

Series F, Sep 12, 2019, $*****

Last Known Valuation

$***** as on Sep 12, 2019

Investors

Norwest & 28 more

Ranked

2^nd among 33 active competitors

Employee Count

50 - 199 as on Mar 01, 2026

Similar Companies

DataDome & 56 more

Exit Details

Acquired by F5 Networks (Dec 19, 2019)

View Shape Security's full profile

Shape Security is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Shape Security, Inc. CIN: 452451201 , United States, Active	Dec 26, 999	-	411 (As on Dec 31, 2023)	-

Shape Security got acquired by F5 Networks on Dec 19, 2019.

Click here to take a look at Shape Security's acquisition in detail

Shape Security has raised a total funding of $208M over 7 rounds. Its first funding round was on Apr 23, 2012. Its latest funding round was a Series F round on Sep 12, 2019 for $*****. 8 investors participated in its latest round. Shape Security has 26 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Shape Security:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 12, 2019	5232244	Series F	4533810	2406059	8478930	9882170
Nov 01, 2018	4713075	Series E	9621694	7155992	1655347	AllegisCyber Capital & 7 more
Sep 29, 2016	2966714	Series E	2131565	3257791	EDBI & 1 more	Google Ventures & 7 more

Access funding benchmarks and valuations. Sign up today!

View details of Shape Security's funding rounds and investors

The founders of Shape Security are Derek Smith, Sumit Agarwal and Justin Call.

Here are the details of Shape Security's key team members:

Derek Smith: Co-Founder & Ceo of Shape Security and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
Sumit Agarwal: Former Co-Founder of Shape Security and founder of 2 other companies, Gather and Ariagato. They are also an angel investor in 2 startups.
Justin Call: Former Co-Founder of Shape Security.

View details of Shape Security's Founder profiles and Board Members

Shape Security's employee count trend

Shape Security has 50 - 199 employees as of Mar 26. Here is Shape Security's employee count trend over the years:

Uncover Shape Security's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Shape Security include DataDome, Netacea and ShieldSquare. Here is the list of Top 10 competitors of Shape Security, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DataDome 2015, Paris (France), Series C	Website protection against bot and marketplace for content motenization	$81.2M	Elephant Venture Capital, InfraVia Capital Partners ... & 7 others	63/100
2nd	Shape Security 2011, Mountain View (United States), Acquired	Advanced website defense using botwalls	$208M	Sierra Ventures, Google Ventures & 27 others	52/100
3rd	Netacea 2018, Manchester (United Kingdom), Series A	Provider of bot protection and threat intelligence against automated attacks	$22.6M	Mercia, Cyber Consortium & 14 others	59/100
4th	ShieldSquare 2014, Bengaluru (India), Acquired	Automated protection solution against bot attacks and scrapping for websites	$3.27M	Endiya Partners, RPG Ventures & 38 others	52/100
5th	Distil Networks 2011, Arlington (United States), Acqui-Hired	Cybersecurity leader protecting applications, data, and APIs from advanced threats	$56.1M	Techstars, Bessemer Venture Partners & 17 others	43/100
6th	GeeTest 2012, Wuhan (China), Seed	Botnet prevention platform for the website	$160K	IDG Capital, Volcanics Venture & 2 others	43/100
7th	Are You A Human 2010, Detroit (United States), Acqui-Hired	Provider of bot protection security solutions over websites	$7.91M	Detroit Venture Partners, Zell Lurie & 8 others	41/100
8th	Veracity Trust Network 2017, London (United Kingdom), Seed	Provider of AI-powered solutions to detect and prevent malicious bot attacks	$483K	Stakeholderz, Packard Capital & 9 others	36/100
9th	Unbotify 2015, Haifa (Israel), Acquired	Behavioral biometrics and machine learning based bot detection	-	Metropolis Ventures, Maverick Ventures	35/100
10th	Ellipsis 2012, Greenville (United States), Seed	Behavior analytics-based anti-bot solution for websites	$583K	SC Launch	35/100