Signifyd

From Wikipedia, the free encyclopedia

Company type
Private
IndustrySoftware
Founded2011; 15 years ago (2011) in Palo Alto, California, United States
FoundersRaj Ramanand
Mike Liberty
Signifyd
Company type
Private
IndustrySoftware
Founded2011; 15 years ago (2011) in Palo Alto, California, United States
FoundersRaj Ramanand
Mike Liberty
HeadquartersSan Jose, California
Area served
Worldwide
ProductsCommerce Protection Platform
ServicesFraud prevention software
Chargeback protection
Payments optimization
Abuse prevention
Websitesignifyd.com

Signifyd is an American technology company that develops fraud protection and abuse prevention technology.[1] It is based in San Jose, California.[2]

Signifyd was founded in 2011 by Raj Ramanand and Mike Liberty, former PayPal risk specialists.[3][4] In late 2012, the company raised $2 million in seed funding from investors including Andreessen Horowitz, Data Collective, IA Ventures, QED Investors, and Resolute Ventures.[5]

In 2013, Signifyd received the Merchant Risk Council's "Most Innovative Startup" award.[6] It later raised several funding rounds, including $7 million in Series A[7] and $20 million Series B funding in 2016.[8] A year later, in 2017, it raised $56 million in Series C funding led by Bain Capital Ventures.[9] In 2018, Signifyd raised $100 million in Series D funding and in the same year it opened its first European office in Barcelona.[10][11] In 2019, the company opened an office in Belfast as part of its European expansion.[12]

In April 2021, Signifyd reached a valuation of $1.34 billion after a $205 million Series E round led by Owl Rock Capital, with participation from FIS and CPP Investments.[13]

Operations

Signifyd is headquartered in San Jose, California with additional offices in the United States, Europe, and Latin America. In late 2019, Signifyd opened its first international research and development center in Belfast, Northern Ireland, to support product development in Europe.[14][15][16]

Technology

References

Related Articles

Wikiwand AI