9 years ago
Featurespace Secures £6.2 Million to Combat Fraud in Financial Services
Featurespace, a UK-based adaptive behavioural analytics company, has raised £6.2 million in funding
The investment was led by TTV Capital, with participation from Imperial Innovations Group plc, Nesta, and members of the Cambridge Angels group
The company will use the funds to expand its operations in the UK and US and continue to grow its presence in financial services
Featurespace's platform uses machine learning to detect and prevent fraud in real-time.