AI Fraud-Detection Company Forter Raises $125 Million

Forter, which helps e-commerce merchants combat fraud, said post-money valuation is $1.3 billion

By Jared Council. Nov. 19, 2020 | WSJ Pro

Forter LTD., which sells online fraud detection-software powered by artificial intelligence, said Thursday that it raised $125 million in venture capital. The deal brings its post-money valuation to just over $1.3 billion. 

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