ThreatMark, an anti-fraud software maker focusing on behavioral analytics to forestall cybercrime, has secured $5 million in funding from Orbit Capital, a scale-up fund. This brings ThreatMark’s total funding in 2023 to $13 million. The new funds will be used for research and development, and new product capabilities. ThreatMark’s behavioral biometrics and fraud prevention technologies have led to 50% year-over-year revenue growth.
ThreatMark to Develop New Fraud Prevention Capabilities After Pulling in $5M