Biometrics security technology developer BioCatch raises $145M

By Jonathan Shieber

BioCatch, a  developer of biometrics security technology, said it has raised $145 million in its latest round of funding.

The company’s technology tracks user behavior on websites to determine if a customer is real or a fraudster, according to a statement. Its technology is now used by more than 40 of the largest global financial institutions, the company said.

That top tier client list is likely one reason why the company was able to attract the Bain Capital  Tech Opportunities investment team as the lead for its latest round. The growth investing business of the multi-billion dollar private equity firm Bain Capital joined previous investors American Express Ventures, Maverick Ventures, and the Israeli crowd-funding investor, OurCrowd  in backing the company.

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