iovation, Inc. Receives $15,000,000 New Round

  • Feed Type
  • Date
    3/27/2008
  • Company Name
    iovation, Inc.
  • Mailing Address
    111 SW 5th Avenue Portland, OR 97204
  • Company Description
    iovation helps online businesses prevent fraud and abusive online behavior. By focusing on the Internet-enabled device as the nexus of all online interactions, iovation captures and uses a device’s reputation to expose abusive behavior and prevent repeat offenses – even when online perpetrators take on new identities.
  • Website
    http://www.iovation.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    “We are extremely excited about our new relationships with SAP Ventures, European Founders and Intel,” said Greg Pierson, CEO of iovation. “These companies are well established, recognized leaders in the global market. They’ve built strong business relationships in Europe and Asia and have the market expertise that supports iovation’s ambitious growth plan into these strategic markets. There is a tremendous amount of synergy between our entire team of investors and we look forward to the business opportunities these partnerships will create for iovation.”
  • M&A Terms
  • Venture Investor
    SAP Ventures
  • Venture Investor
    European Founders Fund

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