Orange and Deutsche Telekom Capital Partners both chipped in as the Ben-Gurion spinout looks to ramp up hiring.
Morphisec, an Israel-based cybersecurity software spinout of Ben-Gurion University of the Negev, secured $31m from investors led by venture capital firm JVP yesterday.
Telecommunications firms Orange and Deutsche Telekom also took part, the latter through its Deutsche Telekom Capital Partners vehicle.
Morphisec provides cloud cybersecurity software to protect endpoints and servers, and its technology is based on research from Ben-Gurion University of the Negev. The funding will support a recruitment drive covering Israel and the United States.
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