Featurespace raises GBP 25 mln for global expansion

Monday 28 January 2019 11:40 CET | News

Featurespace has raised GBP 25 million from a funding round led by Insight Venture Partners and MissionOG, to drive international expansion.

The round also included further funding from existing investors including IP Group, Highland Europe, TTV Capital, Robert Sansom and Invoke Capital.

The funding will be used to support Featurespace’s international expansion and continued development of the company’s software capabilities.

The investment will also support the continued distribution of Featurespace’s real-time ARIC platform, which uses Adaptive Behavioural Analytics to detect anomalies in individual behaviour for fraud and risk management.

Featurespace is a provider of adaptive behavioural analytics technology and services with specialities in fraud prediction and prevention. For more information about this company, please check out a detailed profile in our web fraud & e-identity company database.

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Keywords: Featurespace, ARIC, funding, risk management, behavioural analytics
Countries: World