NetGuardians, a fintech spin-out of University of Applied Sciences Western Switzerland, has secured CHF5m ($5.2m) in its series B round. Orbium and Polytech Ventures, a firm based at École Polytechnique Fédérale de Lausanne’s (EPFL) research park, returned as investors. SBT Venture Capital also participated.
The company, which markets anti-fraud banking solutions, came out of the incubator at the university’s School of Engineering and Business of the State of Vaud in 2007. Its technology is able to continuously monitor user activities…
