Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

DataVisor Secures $40 Million to Fight Fraud Globally

Sequoia China Leads Series C to Expand Company Footprint through Deployment of Its Unsupervised Machine Learning Fraud Detection Solutions

DataVisor, the leading provider of fraud detection solutions using unsupervised machine learning, today announced a $40 million Series C round of financing led by Sequoia China, with participation from existing investors New Enterprise Associates and GSR Ventures. Rock Wang, managing director at Sequoia China, will join DataVisor’s board of directors. With this new round of financing, DataVisor will expand its global footprint in the fraud detection and prevention market, which is estimated to reach $41.6 billion by year 2022 according to research firm MarketsandMarkets.

“Online fraud is on the rise in China and globally and many enterprises are investing in advanced artificial intelligence (AI) solutions to tackle the threat. DataVisor’s platform delivers best-in-class technology,” said Neil Shen, Founding and Managing Partner of Sequoia China. “DataVisor’s solution is the first proven unsupervised machine learning technology successfully deployed at scale. Its platform uniquely identifies new and unknown fraud signals, which means that businesses can stay a step ahead of the fraudsters instead of lagging behind. The company has shown great momentum and we are excited to partner with the team to support its continued growth.”

DataVisor’s founding team, many with doctorates, has a deep background in machine learning and big data infrastructure, and years of experience in protecting consumer services from malicious attacks. Realizing that existing solutions are unable to cope with the increasingly diverse attack patterns shown by today’s fraudsters, they founded DataVisor to fight off the threat by applying the latest innovations in machine learning and AI.

“With its extensive experience and connections, Sequoia China is an ideal partner to help us scale our business,” said Yinglian Xie, CEO and co-founder of DataVisor. “Enterprises today are facing constantly evolving threats from sophisticated and tech-savvy fraudsters who continuously experiment and find ways to evade detection. This new round of financing will enable us to further improve our technology, expand our services globally and transform the way that businesses fight fraud.”

DataVisor’s fraud detection solutions use machine learning to identify various types of fraud and abuse, including fraudulent transactions, fake content, spam and abuse, identity theft, application fraud and money laundering. Its full-stack risk platform provides end-to-end protection against attacks by modern cybercriminals, and is based on a combination of a proprietary unsupervised machine learning engine and aggregated digital information from DataVisor’s Global Intelligence Network.

17 Comments
  1. dustin says

    I have been browsing online more than 3 hours today, yet I never found
    any interesting article like yours. It’s pretty.
    Navigate online coursework effortlessly with our take my course for me services, offering expert assistance for comprehensive understanding and top-notch performance

  2. stutler says

    I like to read this article this is very informative for me and also Sharing my personal experience to pay someone to take my GED test online Goes Beyond Rely on for comprehensive learning support that goes beyond the basics, they ensuring a holistic approach to your education.

  3. brook says

    Struggling with your online physics class? We’re here to provide the support you need Our expert tutors offer comprehensive online physics class help assisting you with coursework understanding complex concepts and acing assignments. Elevate your physics learning experience with personalized assistance let’s tackle your online physics class together

  4. ruth says

    Experience the convenience of professional assistance – take my classes now experts dedicated to handling your coursework, leaving you more time to focus on what matters most

  5. lauryfriese says

    Candy Crush is a simple and sweet match 3 puzzle game that is easy to learn and play.

  6. Iron scrap buyback says

    Scrap metal reprocessing plant Ferrous scrap yard management Iron disposal solutions

    Ferrous material production scheduling, Iron scrap import regulations, Metal salvage yard

  7. Copper recycling regulations Copper scrap export and trade Scrap metal management
    Copper cable pricing, Scrap metal business development, Copper scrap collection services

  8. Iron scrap recuperation yard says

    Scrap metal regenerating facility Ferrous metal sustainability practices Iron scrap reclaiming services

    Ferrous material recycling technologies, Iron waste restoration, Scrap metal handling equipment

  9. dryfirewood says

    Friday Night Funkin is the best music game I’ve ever played!

  10. Jennifer Williams says

    DataVisor Secures is a beacon of hope in the realm of truck maintenance near me, offering cutting-edge solutions to safeguard businesses against digital threats. In an industry where technology plays an increasingly vital role, protecting sensitive data and digital assets is paramount.

  11. Will Liu says

    Primarily, fans of anime and manga, especially those who are part of the hentai subculture, show significant interest in futa s** doll.

  12. Harrybrook says

    Looking for savings on baby products and nursery items? Use a Samuel Johnston Discount Code to get great discounts on your next purchase. Don’t miss out on the fantastic deals with a Samuel Johnston Discount Code!

  13. Hawkplay says

    Experience the life of a pirate in our sea adventure game. Hawkplay

  14. LUCKY COLA says

    Discover new worlds, unlock endless rewards Lucky Cola

  15. Lucky cola says

    Join the battle, fight for honor, and earn your rewards Lucky Cola

  16. Mack Cooper says

    https://xactconstructionestimate.com help companies or businesses give their predicted estimates or the total cost before the construction or the project is even started.

  17. xactconstructionestimate says

    help companies or businesses give their predicted estimates or the total cost before the construction or the project is even started.

Leave A Reply

Your email address will not be published.