Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Digital Identity, Security & Online Fraud

DataVisor expands its footprint in fraud prevention market with USD 40 mln

Wednesday 14 February 2018 | 12:41 PM CET

DataVisor, a fraud prevention solutions provider, has announced a USD 40 mln Series C round of financing to expand its global footprint in the fraud detection and prevention market.

The funding was led by Sequoia China, with participation from existing investors New Enterprise Associates and GSR Ventures.

DataVisor's fraud detection solutions use machine learning to identify various types of fraud and abuse, including fraudulent transactions, fake content, spam and abuse, identity theft, application fraud and money laundering.

The company’s risk platform provides end-to-end protection against attacks by modern cybercriminals, and is based on a combination of a proprietary unsupervised machine learning engine and aggregated digital information from DataVisor's Global Intelligence Network.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement