Thursday, April 12, 2012

41st Parameter Raises $13M To Expand in Silicon Valley

41st Parameter, a developer of fraud prevention and online device recognition technology which has its Silicon Valley operation in San Jose, said Thursday that it has raised $13M in a Series D funding. The funding came from Georgian Partners, Kleiner Perkins Caufield and Byers (KPBC), Norwest Venture Partners (NVP) and Jafco Ventures. 41st Parameter said the funds will go to further its R&D, and also to expand in Silicon Valley. The firm's headquarters are in Scottsdale, Arizona. More information »