DataDome, a New York-based AI-powered online fraud and bot management solutions provider, raised $42M in Series C funding.
The round was led by InfraVia Growth, with participation from existing investors Elephant, and ISAI.
The company intends to use the funds for global commercial rollout and R&D efforts.
Led by CEO Benjamin Fabre, DataDome provides a bot and online fraud protection system that detects and mitigates attacks. Its bot and online fraud solution assesses the intent of a visit in real time, every time, to detect and mitigate attacks on mobile apps, websites, and APIs with unparalleled accuracy and zero compromise. DataDome protects 300+ enterprises from account takeover, scraping, payment fraud, DDoS, credential stuffing, and more. Its machine learning solution analyzes 3 trillion data points per day to adapt to new threats in real time. Its 24/7 SOC experts protect brands worldwide, including Reddit, Patreon, and AngelList.
FinSMEs
30/03/2023