Forter sources $300m in series F funding

May 26, 2021 • Jordan Williams

The fraud prevention technology provider was valued at $3bn in a series F round backed by existing investor Salesforce Ventures.

Salesforce Ventures, the corporate venturing arm of enterprise software provider Salesforce, participated in a $300m series F round for US-based fraud prevention software developer Forter yesterday that valued it at $3bn.

Hedge fund manager Tiger Global Management led the round, which also featured Third Point Ventures, Adage Capital Management, Bessemer Venture Partners (BVP), Sequoia Capital, March Capital, NewView Capital and Scale Venture Partners.

Forter has built an online fraud prevention platform tailored for the e-commerce industry that encompasses protections for…

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