Tech Company Financing Transactions
Rippleshot Funding Round
On 12/9/2015, Rippleshot secured $1.2 million in funding from KGC Capital, Fintech and SixThirty.
Transaction Overview
Company Name
Announced On
12/9/2015
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funding will be used to expand Rippleshot's team of salespeople, developers and account managers in order to support its growing client roster.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
227 W Monroe St. 5200
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Rippleshot looks for the original cause of cards going fraudulent, often the result of a data breach. Instead of looking at consumer behavior, Rippleshot looks at the merchant. Consumers visit a compromised merchant and pick up a shadow fraudster, who spends from a pirated version of the consumer's card.
Management Team
Title
Name
Email & Social
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