Lightspeed Venture Partners and Avenir Growth led a $52m funding round in Alloy.

Lightspeed Venture Partners, a venture capital firm, and Avenir Growth, an investment company, led a $52m funding round in Alloy, with participation from Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures. The company intends to use the funds to accelerate growth to address the global demand for fraud prevention tools.