Intel Capital, Blackstone Back Cybersecurity Startup Preempt

Cybersecurity startup Preempt Security Inc. raised a $17.5 million B round from investors including Intel Capital, Blackstone, ClearSky and General Catalyst, the company announced Wednesday. This brings Preempt’s total funding raised to $27.5 million. Founded in 2014 and headquartered in San Francisco with a research and development center in the greater Tel Aviv area, Preempt’s technology offers organizations real-time protection against internal threats and security breaches. The company intends to use the funding for product development and to expand its operations.