Wednesday, July 20, 2016

Sift Sciences Secures $30M

San Francisco-based Sift Science, a startup that develops machine learning to help combat online fraud and abuse, has raised $30M in a Series C funding round. The funding came from Insight Venture Partners, along with Union Square Ventures and Spark Capital. Sift Science says it has now raised $54M in total funding. Sift Science said the new funding goes to expand sales, marketing, and engineering teams, for its product, and to expand its offerings. The company is led by CEO Jason Tan. More information »