ThreatMetrix, a San Jose, California—based digital identity company, received $30m in mezzanine growth capital.
Existing partner Silicon Valley Bank provided the financial resources.
The company, which has raised $84m in aggregate financing to date, intends to use the funds to expand its global data center presence, accelerate sales and marketing for new markets, and grow business operations into 2017.
Led by Reed Taussig, CEO, and Frank Teruel, CFO, ThreatMetrix provides cloud solutions for authenticating digital personas and transactions on the Internet securing businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government and insurance.
In addition to Silicon Valley Bank, ThreatMetrix is backed by some of the biggest names in tech and enterprise funding. Current investors include Adams Street Partners, August Capital, USVP, Tenaya Capital, and Talu Ventures.