The Salesforce-backed anti-fraud technology provider took its valuation past $1.3bn in a series E round that pushed its overall funding to $225m.

Forter, a US-based fraud prevention technology producer backed by enterprise software provider Salesforce, received $125m yesterday in a series E round valuing it at more than $1.3bn.

Venture capital firms Bessemer Venture Partners and Felix Capital co-led the round with private investor Itai Tsiddon, participating alongside Sequoia Capital, NewView Capital, Scale Venture Partners, March Capital Partners and Commerce Ventures.

Forter uses a large-scale data network to detect e-commerce fraud, sourcing information from online retailers and banks. The series E funds…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.