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Simility Press Room

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.

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.

Company appoints Eric Newman as Vice President of Business Development. In his role, Newman will lead efforts to expand Simility’s market presence through business and technical relationships and initiatives, including global OEM and embedded partnerships.

New role aims to accelerate EMEA business. With Simility accelerating global expansion thanks to a $17.5M round of funding—led by Accel partners and participation from new strategic investor PayPal—Hassan will be key in driving the company’s growth strategy in that region.

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 we knew much about the company, we had already heard several strong endorsements of the team

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 partnering with us to solve extremely hard problems.

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

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 and Trinity Ventures. This brings Simility’s funding total to $25 million.

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.

Palo Alto, California-based Simility, a provider of fraud prevention solutions, has raised $17.5 million in funding. Accel led the round with participation from PayPal Inc, The Valley Fund and Trinity Ventures.
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