ThreatMetrix Picks Up $18 Million To Expand Its Fight Against Cybercrime

The world of data breaches and other malicious online acts are on the rise -- with some $2 trillion lost to IT thefts and other cybercrimes annually, according to research from Goldman Sachs -- so we will continue to see a focus on companies that try to combat these threats. One case in point: today, ThreatMetrix, a provider of cybercrime prevention solutions, says that it has raised $18 million to continue to expand its business. The Series D round was led by August Capital, with existing investors Tenaya Capital, US Venture Partners and CM Capital also participating.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/bUB7EkKRolk/

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