Forter Closes $3M Series A Funding

forterForter, a Tel Aviv, Israel-based startup that provides online retailers with a real-time anti ecommerce fraud solution, closed a $3m Series A funding.

The round was led by Sequoia Capital.

Led by Michael Reitblat, CEO, Forter provides plug-and-play antiecommerce fraud solution technology that automates the review process by instantly analyzing profile data, behavioral data and cyber intelligence and is able to decline fraudsters and/or approve consumers, in real time.
The company was founded by the executive team of Fraud Sciences, a company that delivered fraud decisions with coverage protection before being acquired by – and integrated into – PayPal in 2008 for $169m.



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