Shape Security

Shape Security is a company that develops and provides cybersecurity solutions to defend the web and mobile applications. It provides such solutions as Shape Enterprise Defense and Blackfish. The company serves retail, financial, travel, healthcare and government sectors.

Employee Rating

Parent CompanyF5 Networks
HQSanta Clara, CA, US
Cybersecurity ratingBMore
Shape Security was founded in 2011 and is headquartered in Santa Clara, CA, US

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Key People/Management at Shape Security

Derek Smith

Derek Smith

Co-Founder and CEO
Sumit Agarwal

Sumit Agarwal

Co-Founder and COO
Justin Call

Justin Call

Co-Founder and VP R&D
Tami MacDuff

Tami MacDuff

VP Human Resources
Shuman Ghosemajumder

Shuman Ghosemajumder

Xinran Wang

Xinran Wang

VP Engineering
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Shape Security Office Locations

Shape Security has offices in Santa Clara, North Sydney and London
Santa Clara, CA, US (HQ)
2755 Augustine Dr 8th floor
North Sydney, AU
140 Arthur St
London, GB
34-37 Liverpool St
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Shape Security Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$182.9 m


In total, Shape Security had raised $182.9 m. Shape Security is a subsidiary of F5 Networks

Shape Security Operating Metrics

Sep, 2016Nov, 2017Jul, 2018Nov, 2018

User Accounts Protected

1.3 b1.6 b1.7 b

Logins Protected Daily

150 m

Patents (US)


Fraud Losses Prevented to Date

$1.1 b
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Shape Security Cybersecurity Score

Cybersecurity ratingPremium dataset



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Shape Security Online and Social Media Presence

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Shape Security Company Culture

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Shape Security News and Updates

These Three Trends Will Shape Security And IT Challenges In 2021

While we couldn't predict what happened in 2020, we can be certain that this year's events will have a significant impact on how businesses are run and how we work in 2021 and beyond.

Deception Technology Market Will Hit Big Revenues In Future | Attivo Networks, Shape Security, TrapX Security

What's Ahead in the Global Deception Technology Market? Benchmark yourself with strategic steps and conclusions recently published by AMA Posted via Industry Today. Follow us on Twitter @IndustryToday

F5 Networks Stock Slips On $1 Billion Shape Security Acquisition Despite Deal Synergies

Shares of F5 Networks are down nearly 6% since the company in the middle of December announced it was making a $1 billion acquisition to increase its presence in application security.

C5 Capital Investment Shape Security, a Leading Online Fraud Prevention Platform, Agrees $1 Billion Sale to F5 Networks, the Nasdaq-listed Application Services and Delivery Company

LONDON, Dec. 24, 2019 /PRNewswire/ -- Shape Security, a portfolio company of C5 Capital, the specialist venture capital firm focused on cyber security, cloud infrastructure and applied data analytics, has agreed a $1 billion sale to F5 Networks, a Nasdaq-listed technology company. C5 led...

F5 acquires Shape Security for $1B

F5 got an expensive holiday present today, snagging startup Shape Security for approximately $1 billion. What the networking company gets with a shiny red ribbon is a security product that helps stop automated attacks like credential stuffing. In an article earlier this year, Shape CTO Shuman Ghosem…

F5 Networks pays $1B to acquire Shape Security

Network traffic management company F5 Networks Inc. is paying about $1 billion to acquire Shape Security Inc., which is best known for the fraud detection platform it sells to airlines, banks, government agencies and retailers. F5 said the acquisition will help it improve its application protection…
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Shape Security Blogs

How COVID-19 is Testing Telcos’ Mettle

By Chris Burke, Sr. Director of Telco Sales at Shape Security We live in testing times. For telecoms operators, the COVID-19 pandemic is throwing up challenge after challenge. These range from a major mismatch between network configuration and the new traffic patterns, to physical attacks on 5G infr…

3 Unorthodox Ways to Further Protect your Digital Accounts from Fraud

Well, it is now World Password Day 2020, and not surprisingly passwords are still not dead. Since we will continue to live with passwords for the foreseeable future, here are some unorthodox tips on how to further protect your digital accounts from Account Takeover fraud. Tip 1) Don’t reuse Username…

In-store Payments via Mobile Apps Can Lead to Increase in Card Not Present (CNP) Fraud

Consumers love the convenience of paying for goods and services in store by using their NFC enabled smartphones and stored credit cards. This is demonstrated by the fact that you can download retailer specific apps for your smartphone to pay for everything from coffee, to movie tickets, to poutine u…

Join Us For Shape’s App Security & Fraud Summit

One final reminder! Shape’s App Security & Fraud Summit — Virtual Event — is tomorrow, February 12, 2020 / 9:00 am PT. Join us as top cybersecurity and fraud leaders dive deep into the latest attacks, tools, and trends you need to know to protect your web and mobile applications in 2020.  Tune i…

Shape Officially Joins F5 to Defend Every App from Fraud and Abuse

Online applications run the world today. Apps power how we interact, how we learn and grow, where our data lives, and how value gets exchanged between brands, customers and partners. In many respects, apps have become the fabric of our economies, our governments, and our daily lives. So it shouldn’t…

Shape’s VP of Intelligence Center to Speak at Retail Cyber Intelligence Summit

Shape’s Vice President of Intelligence Center, Dan Woods, will present at the upcoming Retail Cyber Intelligence Summit on September 24-25, 2019, at the Four Seasons Hotel in Denver, Colorado. 2018 saw a significant increase in user credential spills from retailers. And as the retail industry contin…
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Shape Security Frequently Asked Questions

  • When was Shape Security founded?

    Shape Security was founded in 2011.

  • Who are Shape Security key executives?

    Shape Security's key executives are Derek Smith, Sumit Agarwal and Justin Call.

  • How many employees does Shape Security have?

    Shape Security has 219 employees.

  • Who are Shape Security competitors?

    Competitors of Shape Security include Deep Instinct, Namogoo and Zix.

  • Where is Shape Security headquarters?

    Shape Security headquarters is located at 2755 Augustine Dr 8th floor, Santa Clara.

  • Where are Shape Security offices?

    Shape Security has offices in Santa Clara, North Sydney and London.

  • How many offices does Shape Security have?

    Shape Security has 3 offices.