If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat
, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.
Trustev, a company that specializes in anti-fraud technology for online transactions, has raised $3 million in seed funding from Greycroft Partners, UK fund, Mangrov Capital Partner, and others.
The company’s technology verifies shopper’s identities in a variety of ways, like using social interactions, tracking behavior on your site, and confirming that shoppers are located where they say they are. The company previously raised $300,000 in angel funding.
Trustev says the funding will be used for a new office in New York City, as well as for further development of its platform. The company was recently named the Top EU Startup by an EU Commission.