DataVisor, a Mountain View, CA-based company which specializes in online fraud detection and risk management for financial services and ecommerce, received an investment from CMFG Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate expansion into the credit union market.
Led by CEO Yinglian Xie, DataVisor provides a fraud and risk management platform that enables organizations to respond to fraud attacks and mitigate risks as they happen in real time. Its solution suite combines patented machine learning technology with native device intelligence and a decision engine to provide protection for the entire customer lifecycle across industries and use cases. DataVisor has been adopted by many Fortune 500 companies across the globe.
FinSMEs
09/05/2023