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Transaction Security

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Selected Company Profiles<br />

Company Profile: Forter<br />

Products & Services Overview<br />

Landscape Category(s)<br />

Merchant / Processor<br />

Fraud Management<br />

Services<br />

CEO:<br />

Headquarters:<br />

Company Overview<br />

Michael Reitblat<br />

Tel Aviv, Israel<br />

Founded: 2013<br />

• Forter, based in Tel Aviv, provides solutions that aim to<br />

prevent e-commerce fraud<br />

• The Company uses data from several sources, including<br />

publicly available information and social networks to verify<br />

transactions in real-time<br />

• Forter provides a chargeback guarantee on any fraudulent<br />

transactions that do get through its system<br />

• Solution set allows a merchant to track consumer’s real-time<br />

interaction on its website – including click analysis, hit maps<br />

and flow analysis<br />

• Forter is backed by Sequoia Capital and New Enterprise<br />

Associates<br />

Selected Financing / M&A <strong>Transaction</strong>s<br />

Date $ mm Type Commentary<br />

11/11/14 $15 Financing<br />

03/25/14 3 Financing<br />

Secured financing from NEA<br />

and Sequoia Capital (Israel)<br />

Secured financing from<br />

Sequoia Capital (Israel)<br />

Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase.<br />

1<br />

2<br />

3<br />

2. Cyber Intelligence<br />

Elastic Identity<br />

Forter’s platform leverages “soft verification,” which includes<br />

real-time data from social networks, demographics and<br />

purchasing power analytics to create another layer of protection<br />

Cyber Intelligence<br />

Offers insight into the cyber-space and enables e-commerce<br />

fraud protection services using advance cyber intelligence<br />

Behavior Analysis<br />

Utilizes real-time behavior sensors, data points and tracking<br />

techniques to analyze consumer habits and identify key<br />

fraudulent patterns<br />

68

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