Las Vegas based startup focused on online fraud detection and prevention for SMBs raised $123m in Series A funding co-led by Lightspeed and AXA Venture Partners (AVP).
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NS8 raises $123m Series A for online fraud prevention
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“With the planned expansion ahead, we expect that we may teeter back and forth between profitability and growth,” CEO and co-founder Adam Rogas told Crunchbase News. “The market opportunity was already tremendous, but we’re seeing increased demand of about five to six times as a result of ecommerce adoption accelerating due to global events, particularly in sectors such as food delivery and groceries.”
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