User:Ncst100/sandbox
| Company type | Private company |
|---|---|
| Industry |
|
| Founded | April 1, 2020 in United States |
| Headquarters | San Francisco, California |
Key people |
|
| Products |
|
Number of employees | 10 to 20 (2020) |
| Website | www |
Sardine is privately held company that provide software as a service (SaaS) as a fraud prevention technology company to online retailers and marketplaces.[1] It has its headquarters in New York and their Global Research and development|R&D Center in Belfast.[2][3] Signifyd was founded in 2011 by Rajesh Ramanand and Michael Liberty who both used to work for PayPal.[4][5]
The Signifyd products work by identifying fraudulent transactions using machine learning and manual review done by fraud experts.[6][7] If a transaction is marked as safe, Signifyd takes financial liability if a fraudulent chargeback where to occur.[8]
History
[edit]In 2011 Rajesh Ramanand founded the company with a colleague from PayPal, Michael Liberty. Michael Liberty was the manager of new ventures risk at PayPal before joining Signifyd.[9] Ramanand was the head of risks on PayPal’s Emerging Market team before he resigned to co-found Signifyd.[10]
The founders original idea for Signifyd was to create a service to prevent, score and detect abusive content and account creation as early as 2010. There was also shown information around preventing offensive content and harassment.[11] However this idea was later ditched to focus on just preventing fraudulent transactions.
Signifyd originally just provided a investigation tool where merchants provided basic transaction details, then Signifyd would enrich the data and give a score, but not provide a financial guarantee.[12][13] In 2015 Signifyd expanded their services to include a financial guarantee also names Guaranteed Payments using their machine learning decisions.[14]
Funding
[edit]Signifyd funding is a combined $180 million with its last founding Series D on May 31, 2018.[15]
| Name | Money Raised | Announced Date |
|---|---|---|
| Series D | $100,000,000 | May 30, 2018[16] |
| Series C | $56,000,000 | May 4, 2017[17] |
| Series B | $20,000,000 | Feb 25, 2016[18] |
| Series A | $7,000,000 | Jun 22, 2015[19] |
| Seed round | $2,000,000 | Dec 19, 2012[20] |
References
[edit]- ^ "Signifyd raises $56 million for e-commerce fraud protection". TechCrunch. Retrieved 2020-09-27.
- ^ "Signifyd Sees Accelerated Innovation With Expansion of Global R&D Centre in Northern Ireland". irish tech news. 2019-11-19. Retrieved 2020-09-27.
{{cite web}}: CS1 maint: url-status (link) - ^ "G2 Crowd Names Signifyd the Leader in Customer Satisfaction in the Fraud Protection Market". www.businesswire.com. 2019-04-10. Retrieved 2020-09-27.
- ^ "Former PayPal executive's San Jose startup scores $100M to to fight e-commerce fraud". www.bizjournals.com. Retrieved 2020-09-27.
{{cite web}}: CS1 maint: url-status (link) - ^ "Ex-PayPal execs' e-fraud startup scores $56M, plans to doubleå workforce". www.bizjournals.com. Retrieved 2020-09-27.
{{cite web}}: CS1 maint: url-status (link) - ^ "Signifyd: Product Overview and Insight". eWEEK. Retrieved 2020-09-27.
- ^ "Signifyd Launches New Machine Learning Solution to Enhance Authorization-Stage Order Approvals for Enterprise Retailers". www.businesswire.com. 2020-06-02. Retrieved 2020-09-27.
- ^ "Signifyd, CTI Digital and supercharged help merchants provide abuse and fraud protection". Help Net Security. 2020-09-08. Retrieved 2020-09-27.
- ^ "Mike Liberty – DDNA 2019". Retrieved 2020-09-27.
- ^ "40 Under 40: Rajesh Ramanand of Signifyd". www.bizjournals.com. Retrieved 2020-09-27.
{{cite web}}: CS1 maint: url-status (link) - ^ "Signifyd products". web.archive.org. 2010-12-13. Archived from the original on 2010-12-13. Retrieved 2020-09-27.
- ^ Carter, Eric (2013-12-23). "Signifyd API Adds Fraud Prevention to Ecommerce Platforms". ProgrammableWeb. Retrieved 2020-09-27.
{{cite web}}: CS1 maint: url-status (link) - ^ "Signifyd | A Simple, Fast, and Powerful Fraud Investigation Tool". web.archive.org. 2013-04-05. Archived from the original on 2013-04-05. Retrieved 2020-09-27.
- ^ "Signifyd Named to Forbes 50 Innovative Fintech List". Signifyd. 2016-11-08. Retrieved 2020-09-27.
- ^ "Funding Rounds". crunchbase.
{{cite web}}: CS1 maint: url-status (link) - ^ "Signifyd Secures $100M in Series D Funding, Opens First International Office in Barcelona to Scale the European Market". www.businesswire.com. 2018-08-03. Retrieved 2020-09-27.
{{cite web}}: CS1 maint: url-status (link) - ^ "Signifyd, Market Leader for E-Commerce Guaranteed Fraud Protection, Secures $56 Million in Series C Funding Led by Bain Capital Ventures". www.businesswire.com. 2017-05-04. Retrieved 2020-09-27.
- ^ "Signifyd Raises $20 Million in Series B Funding to Ensure E-Commerce Merchants Never Pay a Chargeback Again". www.businesswire.com. 2016-02-25. Retrieved 2020-09-27.
- ^ Penn, David (2015-06-22). "Signifyd Raises $7 Million in Series A Investment". Finovate. Retrieved 2020-09-27.
- ^ "Signifyd Raises $2M From Andreessen Horowitz And Others To Help Online Businesses Use Data To Prevent Payments Fraud". TechCrunch. Retrieved 2020-09-27.