Bot-detection startup Spur nabs $200M from Insight
Summary
Spur Intelligence, a Florida-based cybersecurity startup founded by former Defense Department engineers, has raised $200 million in a funding round led by Insight Partners. The company specializes in bot-detection technology that helps enterprises differentiate between legitimate human users and advanced bot traffic concealed behind proxies and VPNs. This investment comes at a critical time as recent data from Cloudflare indicates that automated bot traffic has surpassed human internet activity for the first time in history.
(Source:TechCrunch)