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ThreatMetrix Lands $18 Million in Series D Funding

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Cybercrime prevention company, ThreatMetrix, announced it recently closed an $18 million investment round, led by August Capital.

Existing investors Tenaya Capital, US Venture Partners and CM Capital also contributed to the of Series D round.

Reed Taussig, CEO of ThreatMetrix, states that the funding will go toward expanding globally into e-commerce, financial services and remote access solutions for enterprise employees.

The company also announced that Vivek Mehra, August Capital general partner, will join the ThreatMextrix board of directors.

To learn more about ThreatMetrix, watch its FinovateStartup 2009 demo.

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