Forter Lands $32,000,000 Series C Financing

  • Feed Type
  • Date
    4/22/2016
  • Company Name
    Forter
  • Mailing Address
    235 Montgomery St. San Francisco, CA 94104 USA
  • Company Description
    Forter is based on intelligent technology, years of experience and a keen understanding of merchants’ needs. Our fraud prevention system is designed to be consumer-centric, blocking fraud with accuracy and at the same time enabling growth by increasing approvals and ensuring an excellent customer experience.
  • Website
    http://www.forter.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $32,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new funding will be a driving force behind Forter’s continued rapid growth and overall expansion throughout the U.S., as well as the acceleration of the company’s innovative and award-winning fully automated fraud prevention platform and company vision of delivering a fraud-free e-commerce ecosystem.
  • M&A Terms
  • Venture Investor
    Scale Venture Partners
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    New Enterprise Associates

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