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Device Intelligence Platform Fingerprint Secures $33 Million in Series C Funding to Combat Online Fraud

AI/MLDevice Intelligence Platform Fingerprint Secures $33 Million in Series C Funding to Combat Online Fraud

Fingerprint, a leading device intelligence platform known for its high accuracy, has successfully raised $33 million in Series C funding. Nexus Venture Partners led this funding round, with participation from Uncorrelated Ventures. Fingerprint’s platform offers flexible APIs for developers to create device identification solutions that detect fraudsters while maintaining a seamless experience for legitimate users. The platform boasts impressive accuracy, identifying 99.5% of returning users in less than 500 milliseconds of processing time. This latest funding brings the company’s total funding to $77 million.

Since its previous funding round in 2021, Fingerprint has experienced significant growth thanks to its ease of integration, quick value delivery for new customers through APIs, and comprehensive documentation. Well-established companies like Dropbox rely on Fingerprint to detect and thwart account takeover attempts, while Neiman Marcus leverages the technology to create personalized experiences for their valued customers.

What sets Fingerprint apart is its persistent visitor identifier, which continually improves and maintains accuracy, even as browsers evolve. This allows companies to gain a comprehensive view of all users, regardless of whether they are logged in or attempting to conceal their identity. Fingerprint serves a range of use cases, including protecting login pages from automated account takeover attacks, preventing payment fraud, detecting account sharing, securing cryptocurrency exchanges, and building paywalls that are resistant to evasion tactics like going incognito, changing IP addresses, or clearing cookies.

Fingerprint also offers easy integration with popular third-party services like Cloudflare, Segment, CloudFront, and others. The company partners with software vendors such as Dodgeball, Okta, and Spec to deliver added value to customers and enhance customer retention.

The fresh funding will enable Fingerprint to accelerate adoption among larger enterprise customers, which have been instrumental in the company’s recent growth. Fingerprint plans to develop new tools and capabilities to address the most complex challenges in device identification.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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