Sift Science raises USD 53 mln in Series D funding round

Thursday 22 March 2018 14:38 CET | News

Sift Science has announced a USD 53 million Series D funding round to expand its global footprint in the fraud detection and prevention market.

Stripes Group led the Series and this round has brought the company’s total funding to USD 107 million.

Sift Science aims to further prevent fraud and abuse and to power digital trust in the online business environment. The company’s Digital Trust Platform, featuring Live Machine Learning , hosts a full suite of fraud prevention products, protecting businesses from all vectors of fraud and abuse including payment fraud, account takeover, fake accounts and abusive user-generated content.

Sift Science is a fraud detection solution for websites and mobile applications. The platform utilises large-scale machine learning to detect fraudulent users, activity and transactions. For more information about Sift Science, please check out a detailed profile in our web fraud & e-identity company database

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Keywords: Sift Science, funding, fraud prevention, machine learning, web fraud, Digital Trust Platform, payment fraud
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions