Led by new investor August Capital, ThreatMetrix Inc. has received $18 million in capital from it financing partners, the cybercrime prevention vendor announced March 27.
August Capital joined existing investors Tenaya Capital Inc., U.S. Venture Partners (USVP Management Co. LLC) and CM Capital Investments Pty Ltd. in a Series D round of financing, San Jose, Calif.-based ThreatMetrix stated in a press release.
The investments will allow ThreatMetrix to continue its global expansion and the company growth enjoyed in 2011, Reed Taussig, ThreatMetrix president and CEO, stated in the release.
"We're extremely pleased to have August Capital, one of the pre-eminent Silicon Valley venture capital firms, lead this round," Taussig said. "ThreatMetrix is expanding on all fronts including new products, applications, markets and geographies.”
ThreatMetrix acquired Australia-based TrustDefender Inc. in December, helping the company establish a combination of advanced device identification and malware detection in its fraud prevention services (
In addition, ThreatMetrix recorded 300% growth year over year in 2011, protecting more than 5,000 websites worldwide by profiling nearly 1 billion devices on a monthly basis, the release stated.
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