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Morphisec snags $31M for moving target defense that protects mid-sized companies

– Cybersecurity companies going after the big enterprise fish, mid-sized companies can get lost in the shuffle. – Morphisec has developed an endpoint protection service that’s designed to be cost-effective enough to serve them high-quality protection. – As the pandemic stretches these companies even further, Morphisec has found itself in high demand. – Today, the company announced it has raised $31 million in a funding round led by JVP, with participation from Orange and Deutsche Telekom Capital Partners. – Morphisec relies on a technique called “moving target defense” that constantly changes the security parameters of a system to thwart cyberattacks. – This enables a kind of zero trust defense that doesn’t require employees to have deep security expertise in order to combat threats.