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Synopsis
PayPal Ventures, a venture capital firm, completed an investment in Deep Instinct, a cybersecurity company. Financial terms were not disclosed. “Deep Instinct has developed an industry-leading threat prevention platform, allowing enterprises to get ahead of cybercriminals and malicious threats. We’re thrilled to invest in Deep Instinct and believe the company will help move the cybersecurity industry beyond its current detection and remediation focus to a prevention-first model,” Alan Du, PayPal Ventures Partner.
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