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Forter raises $50 million

By TechTaffy Desk

E-commerce fraud prevention company Forter has secured $50 million in Series D financing. The funding round was led by March Capital Partners, with participation from Salesforce Ventures and previous investors Sequoia Capital, New Enterprise Associates (NEA) and Scale Venture Partners.

The funding round is Forter’s largest to date, bringing the company’s total financing to $100 million since its founding in 2013.

Forter already processes more than $50 billion of transactions annually, the company said in a statement.

[Image courtesy: Forter]

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