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In a world dominated by eCommerce, Israeli fraud prevention proves valuable
Israeli cyber startup Forter closes one of the biggest rounds ever in the Israeli ecosystem and triples its valuation - less than six months after joining the Unicorn club
Oshry Alkeslasi
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26 May 2021
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2 min read
Forter, an Israeli cyber startup developing fraud prevention solutions for the eCommerce sphere, announced the closing of one of the biggest funding rounds ever seen in the Israeli high-tech ecosystem. The Series F round, totaling $300 million, was led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management, alongside existing investors, including Sequoia Capital, Bessemer Venture Partners, Scale Venture Partners, March Capital, and Salesforce Ventures. The company’s post-money valuation nearly tripled to $3 billion, just six months after the company hit Unicorn status.