Riskified Raises M in Growth Round, Revealing Fraud Prevention Wizard Behind E-Commerce …

TEL AVIV, Israel, Feb. 10, 2016 /PRNewswire/ — Riskified, a leading e-commerce fraud prevention company pioneering the chargeback guarantee, announced today that it has secured $25 million in a growth round of financing, led by Qumra Capital with participation from The Phoenix Insurance Company, NTT DOCOMO Ventures, and existing investors, Genesis Partners and Entrée Capital. This brings the company’s total funding to $31 million. The new investment will be used to further accelerate Riskified’s exceptional growth and customer success of online fraud prevention for global retailers including Burberry, Wish and Viagogo.Riskified’s flexible e-commerce fraud prevention solution protects the bottom line and customer experience, guaranteeing peace of mind for hundreds of global retailers. Using its proprietary behavioral analytics technology and machine learning, the company takes a dynamic, adaptive approach to stay…


Link to Full Article: Riskified Raises M in Growth Round, Revealing Fraud Prevention Wizard Behind E-Commerce …