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Emailage Receives Strategic Investment from Wipro

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Arizona-based Emailage announced this week it has received an investment from Wipro Ventures, Wipro’s investment arm. The $4.8 million round is an extension of its Series A round originally made in November 2014. Wipro, the India-based information technology giant, becomes the eighth investor in Emailage.

In addition to the funding, the two companies have formed a partnership through which Wipro will offer Emailage’s email-address risk-evaluation solution to its customer network. Emailage debuted the browser extension for its risk-evaluation tool at FinovateSpring 2015. In October of 2015 the company partnered with Feedzai to bolster its fraud-prevention solution.

Founded in 1945, Wipro last demoed at FinovateEurope 2015, where it debuted Wipro ngGenie™ myAdvisor.