Announced
Completed
Financials
Sources
Tags
Acquisition
Minority
Completed
Cross Border
e-commerce fraud prevention
IT Services: Other
Israel
Private Equity
Venture Capital
Private
Friendly
cybersecurity
Synopsis
Tiger Global Management, an investment firm, led a $300m Series F funding round in Forter, a company engaged in e-commerce fraud prevention. Additional investors include Third Point Ventures, Adage Capital Management, Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners. “This transforms fraud prevention into a growth and revenue enablement engine for the entire consortium of participating merchants, ensuring our customers can attract, convert and retain the best shoppers. The funding will enable us to accelerate our growth trajectory by investing in talent, technology and continued global expansion," Michael Reitblat, Forter CEO and Co-Founder.
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