More money keeps going into cybersecurity start-ups.
The start-up Area 1 Security, which was founded by three ex-NSA employees, received an $8 million round of funding on Wednesday.
Kleiner Perkins Caufield & Byers led the Series A funding round for the company. Other investors included Allegis Capital, Cowboy Ventures, Data Collective and First Round Capital.
The Menlo Park, California, based start-up, which was started last year, aims to stop cyberthreats caused by phishing campaigns. The firm's founders are Oren Falkowitz, Blake Darche and Phil Syme.
As data breaches and cyberattacks continue to rise, there's been an uptick in money pouring into the space.