The company, which has developed fraud prevention technology for e-commerce, has added Phoenix Insurance and NTT Docomo to its shareholders.

Israel-based fraud prevention technology producer Riskified raised $25m yesterday  in a series B round that featured insurance provider Phoenix Insurance and mobile network operator NTT Docomo.

NTT Docomo invested through its corporate venturing subsidiary, NTT Docomo Ventures. The round was led by venture capital fund Qumra Capital and also included Genesis Partners and Entrée Capital.

Founded in 2013, Riskified has built a fraud prevention platform aimed at e-commerce companies. The technology uses machine learning algorithms, behavioural analytics and device fingerprinting…