Private Equity

PE Fund Investments

Security tech startup Fingerprint raises $33-M from Nexus, Uncorrelated Ventures

Press Release  

Chicago, IL (USA)-based device intelligence platform Fingerprint raised USD 33 million in a Series C funding round led by existing investor, the India-US cross-border VC firm Nexus Venture Partners, with participation from US-based Uncorrelated Ventures. The new funding brings the company's total funding to USD 77 million. Fingerprint aids developers in device identification with flexible APIs capable of identifying fraudsters while ensuring low-friction experiences for trusted users. The platform claims to identify 99.5% of returning users in less than 500 milliseconds of processing time. Fingerprint will use the fresh funds to accelerate adoption within larger enterprise customers and to build new tools and capabilities to tackle complex challenges in device identification.