Fingerprint, a Chicago, IL-based provider of an accurate device intelligence platform, raised $33M in Series C funding.
The round, which brought the total amount to $77M, was led by Nexus Venture Partners with participation from Uncorrelated Ventures.
The company intends to use the funds to accelerate adoption within larger enterprise customers.
Led by CEO Dan Pinto, Fingerprint enables companies to prevent fraud and improve user experiences. It processes almost 100 signals from the browser, device, and network to generate a stable and persistent visitor identifier that can be used to understand visitor behavior. Its persistent visitor identifier continuously improves and maintains accuracy, even as browsers are upgraded. Providing a complete view of all users across web and mobile devices — whether or not they are logged in or concealing their identity — enables companies to build superior fraud detection and user experiences.
Companies use Fingerprint for a variety of use cases, including:
- Protecting login pages from automated account takeover attacks and phishing attempts.
- Preventing payment fraud of all forms for payment processors and eCommerce retailers.
- Account sharing detection and prevention for SaaS and subscription services.
- Securing cryptocurrency exchanges.
- Building paywalls that can’t be evaded by going incognito, changing IP addresses or clearing cookies.
- Restricting access for bad actors in online gaming and gambling.
Fingerprint also makes it easy for any developer to get started with popular third-party integrations such as Cloudflare, Segment, CloudFront and many more. Additionally, the company partners with software vendors, including Dodgeball, Okta and Spec, to generate additional value for customers and increase customer retention.
It is used by over 6,000 companies worldwide, including 16% of the top 500 websites, to help catch sophisticated fraudsters and personalize experiences for users. The list includes Dropbox and Neiman Marcus, among others. With a commitment to data security and privacy, the company is ISO 27001 certified, SOC 2 Type II, GDPR, and CCPA compliant.
FinSMEs
17/10/2023