The e-commerce anti-fraud platform developer secured $14m in a CommerzVentures-led round that also featured Munich Re/HSB Ventures.
CommerzVentures, the venture capital arm of financial services firm Commerzbank, has led a $14m series B round for Germany-based e-commerce anti-fraud technology developer Fraugster.
Munich Re/HSB Ventures, the corporate venturing vehicle for reinsurance firm Munich Re, also participated in the round, as did Earlybird, Speedinvest, Seedcamp and Rancilio Cube, the family office that represents the Rancilio family.
Founded in 2014, Fraugster has created a software platform that utilises data sourced from a wide range of places to determine whether or…
