Allure Security raises $6.8 million to accelerate go-to-market activities and grow its team

Allure Security announced the close of its $6.8 million seed funding round. Gutbrain Ventures led the round, joined by new Allure Security investors PBJ Capital and Impellent Ventures, and existing investors Glasswing Ventures, Zetta Venture Partners, and Portage Partners. The investment comes amidst surging online fraud ($56 billion in identity theft and $20 billion in online payment fraud losses)– increasing demand for Allure Security’s technology. The company will use the capital to accelerate go-to-market activities, … More →

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