Emailage Receives $10 Million Growth Equity Investment to Accelerate Global Expansion
Emailage, the leading provider of global fraud prevention and identity verification using email address scoring, today announced that it has received a $10 million growth equity investment. Anthos Capital led the investment, with participation from Radian Capital, Wipro Ventures, Mucker Capital and Tallwave Capital.
Emailage will use the funding to expand existing partnerships, further advance its powerful email address-based predictive scoring system, and accelerate growth in North America, EMEA, LATAM and other key markets. “This investment will allow us to continue our rapid growth, enhance our leadership position in the online fraud detection market and deliver significant fraud prevention capabilities to businesses around the world,” said Emailage CEO Rei Carvalho.
Emailage’s Software-as-a-Service solution delivers powerful, real-time risk intelligence by leveraging the email address as a unique global identifier. Emailage combines vast email transaction history, machine learning algorithms, and positive and negative data to generate a predictive risk score, which helps improve the risk assessment of any transaction where an email address is provided. Use cases include online transactions, new accounts/sign up process, customer account maintenance and marketplace listings.
“Emailage has developed a powerful solution that is critical for any company doing business online,” said Paul Farr of Anthos Capital. “We are proud to invest in a company that is making online transactions safer for businesses and consumers.”
Emailage helps reduce fraud for hundreds of customers around the world, including 5 of the top 10 global retailers, 3 of the top 5 largest global airlines, the top 3 PC manufacturers, 3 of top 6 credit card issuers, 3 of the top 5 marketplace lenders, the top 4 money transfer providers and 3 of the top 5 travel websites. This year to date, Emailage has analyzed nearly $100 billion in transaction volume and identified over 17 million high-risk transactions.
Emailage, founded in 2012 and with offices in Phoenix, London and Sao Paulo, is a leader in helping companies significantly reduce online fraud. Through key partnerships, proprietary data, and machine-learning technology, Emailage builds a multi-dimensional profile associated with a customer’s email address and renders a predictive risk score. Customers realize significant savings from identifying and stopping fraudulent transactions.
To learn more, visit: www.emailage.com
Dorothy Wolden, +1 (480) 719-4758
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
ASTRAZENECA19.11.2017 00:02 | pressemeddelelse
New Data Show Benefit of Tagrisso in Patients with EGFR-mutated Non-small Cell Lung Cancer and Central Nervous System Metastases
ASTRAZENECA18.11.2017 19:22 | pressemeddelelse
New England Journal of Medicine Publishes Results of Phase III FLAURA Trial in the 1st-Line Treatment of EGFR-mutated Non-small Cell Lung Cancer
CHINA-HI-TECH-FAIR18.11.2017 10:13 | pressemeddelelse
Much-Anticipated CHTF 2017 Top 10 Products Are Unveiled
NY-MADISON-REALTY17.11.2017 17:22 | pressemeddelelse
Madison Realty Capital Provides $64.0 Million Construction Financing for 200 Kent Avenue Development in Williamsburg, Brooklyn
NCARDIA17.11.2017 13:33 | pressemeddelelse
Ncardia Announces Completion of €10.5M Investment Round
VOCALINK17.11.2017 10:37 | pressemeddelelse
Double Win for Vocalink at the 2017 Payments Awards
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum