Tech Company Financing Transactions
41st Parameter Funding Round
41st Parameter, based in Costa Mesa, secured $11.2 million from Kleiner Perkins Caufield & Byers and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
5/8/2006
Transaction Type
Venture Equity
Amount
$11,200,000
Round
Series B
Investors
Kleiner Perkins Caufield & Byers (Lead Investor) (Ted Schlein)
Proceeds Purpose
The 41st Parameter will use the funding to expand its direct sales and marketing efforts, to build out its core fraud detection and prevention platform for eCommerce, online banking and new segments, and for new product development.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
475 Anton Blvd.
Costa Mesa, CA 92626
USA
Costa Mesa, CA 92626
USA
Phone
Website
Email Address
Not Recorded
Overview
As the pioneer of covert, online fraud detection and prevention technologies, 41st Parameter offers highly accurate, non-intrusive fraud control measures for the online channel.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Donald Robert
Chief Executive Officer
Brian Cassin
Chief Financial Officer
Lloyd Pitchford
Chief Information Officer
Barry Libenson
Chief Operating Officer
Kerry Williams
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Where The Data Comes From
Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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