41st Parameter Raises $13M of Series D Funding
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San Jose, California – 41st parameters, a leading solutions provider in detecting and preventing fraud across multiple channels in the world has raised a new series D funding amounting to $13 million from from Georgian Partners, Kleiner Perkins Caufield and Byers (KPBC), Norwest Venture Partners (NVP) and Jafco Ventures.
The latest funding will be allocated on the R&D strategy and to finance the company’s expansion plans like getting a new office in Silicon Valley and increase its sales and acquire more new customers.
With the latest funding, 41st Parameter has now a total of $38 million total funding.
Funding Total: $13,000,000
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|Investors: Georgian Partners, Kleiner Perkins Caufield & Byers, Norwest Venture Partners, JAFCO Ventures|