Online security service ThreatMetrix bags USD18m

Cybercrime Defender Platform

Cybercrime prevention service ThreatMetrix has raised $18 million in a Series D round led by August Capital. Existing backers Tenaya Capital, US Venture Partners and CM Capital also participated in the investment. ThreatMetrix assists enterprise clients in protecting against malware and online fraud, and also enables employees to secure their connected devices at work through its suite of security products, dubbed the Cybercrime Defender Platform. The Texas-based startup says that its sales grew 300% in 2011, protecting more than 5,000 websites and 1 billion devices per month. ThreatMetrix will use the capital injection to expand globally.

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