The FIS-backed round valued the fraud prevention software provider above $1bn and lifted its overall funding to roughly $400m.

US-based antifraud technology developer Signifyd completed a $205m series E round yesterday led by alternative asset manager Owl Rock Capital and backed by financial technology provider FIS.

The round also featured Canada Pension Plan Investment Board’s CPP Investments unit and Neuberger Berman Investment Advisers. The cash was secured at a $1.34bn valuation and the company has now raised approximately $400m in total.

Founded in 2011, Signifyd provides big data and machine learning-equipped fraud protection software that helps e-commerce merchants and…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.