ThreatMetrix, a San Jose, CA-based provider of integrated cybercrime prevention solutions, has closed a $18m Series D round of financing.
The round was led by August Capital, with participation from existing investors Tenaya Capital, US Venture Partners and CM Capital.
The company plans to use the funding to continue to expand globally into e-commerce, financial services and the enterprise remote employee access markets.
In conjunction with the funding, Vivek Mehra, general partner, August Capital, has joined ThreatMetrix’ board of directors.
Led by president and CEO Reed Taussig, CTO Andreas Baumhof, vice president of marketing Bert Rankin, vice president of worldwide engineering Bruce Scott, and CFO Frank Teruel, the company provides the ThreatMetrix™ Cybercrime Defender Platform, which is designed to help companies protect customer data and secure transactions against fraud, malware, data breaches, as well as man-in-the browser (MitB) and Trojan attacks. ThreatMetrix serves a global customer base across a variety of industries, including financial services, e-commerce, payments, social networks, government, and healthcare.
The company recently completed the acquisition of TrustDefender and opened new sales and engineering offices in Australia and EMEA headquarters in the Netherlands.