# FraudSciences

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fraudsciences

- Industry: IT Security/Cybersecurity
- Headquarters: Palo Alto, US
- Website: www.fraudsciences.com
- Total disclosed funding: $11M
- Latest round: Series B (Oct 10, 2007)
- Investors on record: 2

## About

FraudSciences Corp. offers innovative solutions to protect businesses from online fraud through advanced detection technology and analytics, ensuring secure digital transactions and enhancing brand integrity.FraudSciences Corp. specializes in online fraud detection and prevention. Based in Palo Alto, US, the company was acquired by eBay Inc. in January 2008 for USD 169 mn. This acquisition highlighted the growing demand for effective fraud management solutions in the digital marketplace.FraudSciences provides advanced fraud detection services aimed at safeguarding businesses against online threats. Their offerings include real-time monitoring and analytics that help organizations effectively identify and mitigate fraudulent activities. Serving clients primarily within the tech sector, their solutions are critical for maintaining transaction security and protecting brand reputation in a rapidly evolving digital landscape.FraudSciences operates on a B2B model, providing subscription-based fraud detection solutions tailored to client needs. Revenue is generated through contracts that allow clients continuous access to their services, which include real-time monitoring and analytics. The pricing structure is determined by the service scope, with clients typically entering into annual or multi-year agreements to ensure robust fraud protection.Following its acquisition by eBay Inc., FraudSciences plans to enhance its product offerings and expand its reach in the online fraud prevention market. The recent funding through the acquisition will be utilized to develop new fraud detection technologies and expand service offerings in North America and Europe. The strategy aims to leverage eBay's existing infrastructure to accelerate product launches and enhance service delivery, positioning the company for sustained growth in the evolving digital security landscape.

## Funding rounds

- Series B, Oct 10, 2007, $11M — BRM Group, Redpoint Ventures

## Investors

- BRM Group (https://capitalatlas.ai/funds/brm-group) — Series B
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B