ThreatMetrix Raises $12.1M To Detect Fraud On Social Networks, Gaming Platforms And More

ThreatMetrix, a company that provides fraud prevention services on social networks, e-commerce sites and more, has raised $12.1 million in new funding led by Tenaya Capital with U.S. Venture Partners, CM Capital and TVP also participating in the round. This brings ThreatMetrix's total funding up to over $18 million. ThreatMetrix's technologies detect fraud on a number of different types of sites, including those devoted to financial services, social media, online gaming and e-commerce sites. The startup will authorize payments, verify accounts and devices, and recognize whether a user is signing on to a site from a different computer.

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