Thursday, April 21, 2016

Forter Finds $32M To Foil Fraud

San Francisco-based Forter, a startup which provides automated, real-time software to help online merchants stave off fraudulent transactions, has raised $32M in a Series C funding, according to the company. Forter said this morning that the new funding was led by Scale Venture Partners, and also included Sequoia Capital and New Enterprise Associates (NEA). Scale's Rory O'Driscoll joins the board. Forter is led by CEO Michael Reitblat, and has now raised $50M in total for its fraud prevention tools. More information »