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ACQUIRED COMPANY
 
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41st Parameter  Acquired by Experian (2013  amount undisclosed )

355 Santana Row Suite 2000
San Jose, CA 95128
USA
408-660-2900
Website Company Summary Management Team
Management

General Management: David Britton (1/31/2010) ; Eli Katz (6/30/2005) ; Ori Eisen (2004)
Technology: Stephen Van Lare (2012) ; Adler Camacho (12/31/2014) ; Raz Yalov (10/31/2005)
Business Development: Kathleen Peters
Customer Service: Matt Lane
Board

Advisory board: Frank W. Abagnale (authority on forgery & embezzlement)
Company

Business description: 41st Parameter's innovative solutions help our clients protect themselves and their customers by identifying and reducing fraud losses and making the Internet a safer place to conduct business. Through a combination of best practices, leading technology and exceptional customer service, we deliver an unprecedented level of Internet security, decrease the anonymity of the Internet and provide valuable insight into every online transaction and customer interaction. We make the process of preventing and detecting fraud easier and more effective, reducing potential losses and operating costs without hindering sales. At 41st Parameter, we pride ourselves in being risk managers first. Our fraud experts have experience fighting fraud for some of the largest eCommerce, Airlines and Financial Institutions in the world. This experience and know-how is the premise on which our solutions were created. 41st Parameter customers experience an average of 90% fraud detection lift while reviewing less than 5% of transactions. Customers recognize an ROI typically within 30 to 90 days and those who have migrated to 41st's solutions over the competition have seen an immediate increase in fraud detection by over 50% while reducing operational expenses by 65%.
Partners include: Motif ;  Authentify ;  eBillme ;  Elavon ;  IBM Payment Systems ;  Mercadotecnia Ideas y TecnologĂ­a ;  NTT Data ;  Sourcespeed
Capital

Rounds: 4
Recent Fundings: Apr 2012   Dec 2009
Capital raised: 38.0M
Last Round: 13.0M
Ownership: Acquired by Experian (2013  amount undisclosed )

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Overview
Record updated: Jan 2015
Year Founded: 2004
Rounds: 4
Recent Fundings: Apr 2012   Dec 2009
Capital Raised: 38.0M
Last Round: 13.0M
Ownership: Acquired by Experian (2013  amount undisclosed )