DataDome has secured a $35M Series B investment. The funding round was led by New York-based Elephant. The cash infusion will enable the company to aggressively scale its global sales, marketing, delivery and R&D teams. More than 50% of this growth will come from the US. The company has seen a 47% increase of bot fraud attacks against digital businesses over the past 6 months. Its AI-powered bot detection engine processes more than a trillion pieces of data every day from 25 worldwide points of presence.
Source: https://www.helpnetsecurity.com/2021/05/28/datadome-funding/