PayPal Backs Cyberattack Simulation Company SafeBreach
SafeBreach develops software that simulates breaches and attacks on existing security systems, helping administrators identify and fix security flaws before an attack can occur
Tofi Stoler | 16:00 08.05.2018
Multinational online payments company PayPal Holdings Inc. and German telecommunication company Deutsche Telekom AG, through its investment arm Deutsche Telekom Capital Partners Management GmbH, are two of the investors in a $15 million round raised by Sunnyvale, California-headquartered cybersecurity company SafeBreach Inc., SafeBreach announced on Tuesday. This investment brings the company’s total funding raised to $34 million.