Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

24 Apr, 2021

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions
Photo by Ruthson Zimmerman on Unsplash

– Sift, a fraud prevention company, raised $50m in funding.
– The round was led by Insight Partners and joined by Union Square Ventures and Stripes.
– The company has over several hundred customers, including Twitter, Airbnb, Twilio, DoorDash, Wayfair and McDonald’s.
– It has over 70 billion events per month.

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