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April 12, 2012 05:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JF8Mh6XzpsA/
Online Fraud Detection Startup 41st Parameter Raises $13M From Kleiner Perkins And Others
Fraud detection company 41st Parameter has raised $13 million in Series D financing from Georgian Partners, Kleiner Perkins Caufield and Byers (KPBC), Norwest Venture Partners (NVP) and Jafco Ventures. This brings 41st Parameter's total funding to $38 million.41st Parameter provides companies software, called FraudNet, for detecting and preventing fraud across a number of verticals, including finance, e-commerce, and travel. The company aims to protect against cybercrime threats including card not present fraud, new account origination fraud, phishing and account compromise, credit bust outs, and fraud ring attacks.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JF8Mh6XzpsA/
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