Tech Company Financing Transactions
Forter Funding Round
On 4/22/2016, Forter landed $32 million in Series C funding from Scale Venture Partners, New Enterprise Associates and Sequoia Capital.
Transaction Overview
Company Name
Announced On
4/22/2016
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series C
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
575 5th Ave. 36th Floor
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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