Announced
Completed
Financials
Sources
Tags
Minority
Completed
Israel
Single Bidder
Friendly
IT Services: Other
e-commerce fraud prevention
Acquisition
Private
Cross Border
Private Equity
Synopsis
Forter, e-commerce fraud prevention platform, raised $125m in a Series E funding round, boosting its valuation to more than $1.3bn. The round was led by Bessemer Venture Partners, Felix Capital Partners and Itai Tsiddon, with participation from Sequoia Capital Operations, NewView Capital Management, Scale Management, March Capital Partners and Commerce Ventures. The company will use the funding to accelerate the establishment of an ecosystem of trust across online merchants, banks and payment providers, and continue the expansion of its suite of solutions and global data network.
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