ActiveFence Raises $100M in Funding

ActiveFence

ActiveFence, a NYC and Tel Aviv, Israel-based online integrity company, raised $100M in funding.

The announcement covers both a Series B round, led by CRV and Highland Europe, and a previously unannounced Series A round, led by Grove Ventures and Norwest Venture Partners. Other significant participants in the rounds include Vintage Investment Partners, Resolute Ventures and others.

The company intends to use the funds to invest in product development as well as accelerate global growth.

Led by Noam Schwartz, CEO, ActiveFence is an online integrity company, protecting billions of people worldwide from disinformation, child abuse, terror, hate speech, fraud and other online harms. The company’s platform enables customers, which include trust and safety teams at some of the world’s leading technology platforms and other abuse prevention professionals, with a proactive approach to the detection of and protection against malicious activities on the internet. By searching across the darkest corners of the web where bad actors chat, share and plan, ActiveFence spots known and unknown threats to online platforms before they reach the platforms themselves and cause real damage.

The company’s roster of customers includes social media, audio and video streaming, file sharing, gaming, marketplaces and other types of technology platforms.

ActiveFence has almost 200 employees globally.

FinSMEs

27/07/2021