Darwinium Raises $18M in Series A Funding

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Summary

Darwinium, a San Francisco, CA-based provider of a digital security and fraud prevention platform, raised $18m in Series A financing. The company intends to use the funds to expand operations and its business reach to scale its edge-based solution across global geographies, where it is quickly gaining traction across multiple vertical industries including fintech, eCommerce, financial services and gaming/gambling.. The system provides complete visibility and control of every digital interaction – across web, apps and APIs – to separate good and bad behavior, in real time. Businesses can make accurate, real-time decisions, and take dynamic, tailored remediation that favors the customer and not the fraudster. The platform also has integrations with third-party services that further enrich risk decisions with additional intelligence, making it easy for customers to simplify their cyber-fraud strategy by consolidating multiple solutions.

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