ThreatMark Raises $23M in Funding

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Summary

The company intends to use the funds to expand market reach, including key regions like the UK and US, accelerate research and development, and enhance solution capabilities. Led by CEO Michal Tresner, and CTO Krystof Hilar, ThreatMark provides a fraud prevention platform which enables banks and the financial services ecosystem to fight fraud across all digital channels. The platform continuously monitors behavioral, device, threat, and transactional data, detecting deviations that signal potential fraudulent activity in real time. Over the past 12 months, ThreatMark has achieved a year-over-year ARR increase of 75%. This latest investment brings the company’s total fundraising to $37 million since its founding.

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