logo
logo

Datadome Closes $35 Million In Series B Funding To Lead The Global Battle Against Bad Bots And Online Fraud

May 26, 2021•about 4 years ago

Amount Raised

$35 Million

Round Type

series b

Description

DataDome, whose AI-powered SaaS solution protects online businesses against bot-driven fraud, today announced that it has secured a $35M Series B investment. The funding round was led by New York-based Elephant, with participation from DataDome’s existing investor ISAI.

Company Information

Company

Data Dome

About

Founded in 2015, DataDome is a global provider of AI-powered real-time bot protection for websites, mobile apps & APIs. DataDome’s mission is to free the web from fraudulent traffic, so that sensitive data remains safe and online platforms can perform at optimum speed. Based on AI and machine learning, DataDome’s global cybersecurity solution protects the largest digital commerce businesses, including Axel Springer, AngelList Talent, Australia Post, carsales.com Limited, and Foot Locker.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech