News

Mar 23, 2018

What Prevents Organizations From Using Even More Data?

Organizations can benefit from handling more data and doing more with their existing data, even when obstacles stand in their way. Read this ITSP Magazine article to understand the challenges that hold companies back from using more data and the…

Mar 23, 2018

Mar 05, 2018

3 Challenges Preventing Organizations from Leveraging More Data for Better Insights

Kedar Samant, CTO and Co-founder of Simility, discusses the major obstacles that prevent organizations from doing more with data in this The Cyber Security Place article.

Mar 05, 2018

Feb 23, 2018

Adaptable Fraud Prevention: Insights Across Banking Channels

Rahul Pangam explains how to add the necessary layers of security without creating user friction during the challenging digital transformation processes in this editorial that was first published in The Paypers Web Fraud Prevention and Online Authentication Market Guide 2017/2018.

Feb 23, 2018

Feb 21, 2018

Simility Expands Leadership Team to Accelerate Global Market Expansion

Company appoints Eric Newman as Vice President of Business Development PALO ALTO, Calif. - February 21, 2018 – Simility, provider of a machine-learning powered adaptive fraud prevention solution, today introduced Eric Newman as Vice President of Business Development. In his…

Feb 21, 2018

Jan 31, 2018

Simility Expands to Europe and Appoints Hassan van de Riet as Senior Director of Sales, EMEA

New role aims to accelerate EMEA business Sales veteran Hassan van de Riet joins Simility, Inc.,  a leading adaptive fraud-prevention solution provider, as senior sales director for the EMEA region. With Simility accelerating global expansion thanks to a $17.5M round…

Jan 31, 2018

Dec 12, 2017

Our Series A Investment in Simility

Today we’re excited to share our Series A investment in Simility, the most advanced online fraud-detection platform on the market today. We first met Simility CEO and co-founder, Rahul Pangam and his co-founders, Uttam and Kedar, when we led their seed investment in 2015. Even before…

Dec 12, 2017

Dec 12, 2017

PayPal joins $17.5 million round in Simility

In a very short time, Simility has come to be recognized as a thought leader in fraud and risk management. Our customers, who span the spectrum from top fintech innovators to Global Fortune 500 institutions, have validated this view by…

Dec 12, 2017

Dec 12, 2017

Simility Secures $17.5M in Funding

Simility, a Palo Alto, CA-based provider of a machine learning–powered adaptive fraud prevention solution, secured $17.5M in funding.

Dec 12, 2017

Dec 12, 2017

U.S. Fintech Simility Secures $17.5 Million During Latest Funding Round Led By Accel With Participation From PayPal

Simility, a provider of machine learning–powered adaptive fraud prevention solution, today announced it has secured $17.5 million during its latest funding round. PayPal, Inc. also participated in the round as a new strategic investor along with existing investors The Valley Fund…

Dec 12, 2017

Dec 12, 2017

Axios Pro Rata

Simility, a Palo Alto, Calif.-based provider of cyber-fraud prevention solutions, has raised $17.5 million in new VC funding. Accel led, and was joined by PayPal and return backers The Valley Fund and Trinity Ventures.

Dec 12, 2017