Forter Raises $15M in Series B Funding

forterForter, a Tel Aviv, Israel-based provider of fraud prevention solutions for online merchants, raised $15m in Series B funding.

Backers included New Enterprise Associates and Sequoia Capital.

The company intends to use the funds to expand its sales and marketing efforts.

Led by Michael Reitblat, CEO and co-founder, Forter provides online merchants with a fraud prevention solution that offers a real-time decision engine for every transaction, delivered with an approve or decline decision. The platform is backed with a 100% chargeback protection guarantee.

The company is hiring.



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