DataDome

SaaS platform DataDome raises $35m to combat bad bots and online fraud

11 Jun, 2021
|
min

Elephant Venture Capital-Backed DataDome Raises $35M To Fight Cyber Fraud

Startup which protects online businesses against bot-driven fraud DataDome secured a $35m Series B investment led by Elephant and included ISAI.

With the new funding, DataDome has raised about $39m to date. The new funding to allow it to scale up its global sales, delivery and research and development teams. To add on, after having observed a 47% increase of bot fraud attacks against digital businesses over the past six months, the firm also aims to boost its market reach further.

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