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LONDON--( / ) January 29, 2019 -- Featurespace, a leading provider of Adaptive Behavioural Analytics for fraud detection and risk management, has raised £25 million ($32.3 million) from a funding round led by Insight Venture Partners, a New York-based global private equity and venture capital firm focused on high-growth investments in the technology sector, and MissionOG, a US-based venture capital firm with significant operational and investment experience across the financial services and payments industries.
The round also included further funding from existing investors including IP Group plc, Highland Europe, TTV Capital, Robert Sansom and Invoke Capital.
The funding will be used to support Featurespace’s international expansion and continued development of the company’s software capabilities.
The investment will also support the continued distribution of Featurespace’s real-time ARIC™ platform, which uses Adaptive Behavioural Analytics to detect anomalies in individual behaviour for fraud and risk management.
Martina King, Featurespace CEO, commented:
“We have made tremendous progress over the last 15 months since our last fund raising - and this fund raise is the largest to date. The additional funds will enable us to continue rapidly growing the business internationally by focusing on our products, our people and our customers.”
“Working very closely with our customers, we have developed a market-leading product to meet their fraud detection and prevention requirements. We have also significantly strengthened our senior management team and operational infrastructure, and opened an office in Atlanta, Georgia."
“We have also grown our financial services customer base and now are working with 17 banks across continental Europe, the UK, US and Latin America. Equally important, we have become the technology partner of choice to a number of payment processors and merchant acquirers that have embedded our real-time fraud prevention technology in their anti-fraud solutions."
Jeff Horing, Co-Founder and Managing Director at Insight Venture Partners, commented:
“We have been following Featurespace’s growth for over two years. Following extensive customer and product due diligence, we were delighted with market feedback around the product and team. We welcome Featurespace into our portfolio and look forward to helping the company drive international growth.”
Gene Lockhart, Chairman and Managing Partner at MissionOG, commented:
“Martina King, David Excell and team have built a dynamic culture that has led to a well-defined and successful market focus. Their efforts are evidenced by strong sales momentum with notable clients in various segments, including multinational banks, payments companies, issuer processors and merchant acquirers."
“We’re excited to partner with Featurespace and introduce our network and platform to continue to drive value and growth."
About Featurespace
Headquartered in the U.K. and U.S. and with offices in Cambridge, London and Atlanta, Featurespace™ is the world-leader in fraud prevention and creator of the ARIC™ platform, a real-time AI machine learning software that risk scores transactions and other events in more than 180 countries.
Featurespace was created out of Cambridge University’s Engineering Department, co-founded by world-renowned experts in applied statistics, the late Professor Bill Fitzgerald and Dave Excell, Featurespace CTO.
The ARIC platform combines adaptive behavioral analytics and anomaly detection to automatically identify risk and catch new attacks as they happen. The increased accuracy of understanding behavior strikes the balance between improving fraud detection and operational efficiencies, while also reducing the number of genuine transactions that would be incorrectly declined due to traditional rules by as much as 70 percent.
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GREENWOOD VILLAGE, COLO.--( / ) February 13, 2020 -- CSG® (NASDAQ: CSGS) today announced it has expanded its relationship 병원 엔트리파워사다리분석 GREENWOODTelstra, providing billing 엔트리파워볼규칙 GREENWOODprovisioning capabilities for Telstra’s industry-leading suite of managed IoT connected solutions across Asia-Pacific.
Telstra has leveraged its advanced technology innovation and domain expertise 병원 in IoT connectivity for connected cars to develop an ecosystem for its customers in the car industry and 병원 support 파워사다리분석사이트 Telstratransition for them to successfully navigate the future proliferation of autonomous vehicles.
To support Telstra’s efforts, CSG is building on 동행복권파워볼중계 Tonearly 병원 15+ year relationship with the company to provide both the provisioning and billing capabilities for its connected car solution suite. This will support the delivery of IoT-based 동행복권파워볼당첨 Toto initially provide telemetry management that delivers meaningful information about the vehicle based on 동행복권파워볼하는법 Tocollected from the vehicle’s sensors.
Telstra’s IoT connectivity management platform will provide the 병원 framework for the connected car, while CSG will integrate its Singleview and Mediation solutions 동행복권파워볼조작 Telstra’sthe platform 병원 to onboard, rate and provide billing 병원 to Telstra’s customers based on the services utilized. In addition, CSG will manage complex business reporting for Telstra’s partner ecosystem.
“Telstra has leveraged its investment and IoT footprint 동행복권파워볼확률 “Telstraits mobile network, the largest in Australia, to deliver an industry-leading suite of connected vehicle capabilities that helps position its customers for the driverless 동행복권파워볼점검 “Telstrasaid Ian Watterson, head of CSG’s Asia-Pacific business operations. “Having partnered with Telstra for more 병원 than 15 years, CSG has a firm understanding of their technologies and systems to provide them with a solution that will help drive 병원 an autonomous future across the 동행복권파워볼게임 “TelstraPacific region.”
CSG’s billing and provisioning capabilities 동행복권이란 CSG’spart of the company’s portfolio of end-to-end revenue and customer management solutions, which includes a suite of IoT monetization capabilities that help customers launch IoT services, and build new offers that sell one device or one million. CSG’s ability 동행복권파워볼배당 CSG’s파워사다리 CSG’srevenue management, digital services monetization 병원 and customer experience solutions for its customers has resulted in the company being named a leader in the Gartner Magic Quadrant for Integrated Revenue and Customer Management for 병원 CSPs.
파워볼엔트리픽 Copyrightⓒ 2020 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems 병원 International, Inc.
파워볼알고리즘 Viewsource 파워볼구간보는법 View 병원 on businesswire.com:Korea Newswire distributes your news 병원 across every media channels 파워볼수익내기 Viewthe industry’s largest press 병원 release distribution network
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