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Cyber Security

FiVerity raises $2M to expand its cyber fraud detection and threat intelligence platform

FiVerity announces that it closed a $2 million round of financing to expand its cyber fraud detection and threat intelligence platform. Machine-learning platform detects and prevents new and existing types of fraud more effectively than current alternatives at banks, credit unions, credit card providers and other financial institutions. The investment was fueled by Mendoza Ventures and a class of super-angels from the cybersecurity and financial services industries, including serial entrepreneur Doug Levin, who has been appointed as the company’s Executive Chairman.

Source: https://www.helpnetsecurity.com/2021/03/19/fiverity-funding/

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