Thursday, October 19, 2023

Alistair Faulkner raises US$18m for Darwinium


Founded by the cybersecurity legend Alisdair Faulkner - Fraud and Cyber Security startup - Darwinium has raised an  $18M USD Series A ($28.4M AUD)-  featured in TechCrunch (https://lnkd.in/exu3_9sU)


After a  $10M seed round with investors including Dean McEvoy ,  Naval Ravikant,  Niki Scevak from Blackbird, James Cameron from AirTree , Bardia Housman and Matt Farnell.


Alisdair Faulkner, Ben Davey, Rebekah Moody, Alex Forss, Ed Whitehead, Michael Brooks, Caleb Moore, Colin Goldie, Elias Bizannes. and Ananth Gundabattula , Ph.D


What Darwinium  does 


Darwinium serves the following vertical industries - fintech, eCommerce, financial services and gaming/gambling..


It provides continuous customer protection solutions that take security and fraud prevention to the edge, removing the operational burden of implementing and maintaining API-based solutions. 


The system provides complete visibility and control of every digital interaction – across web, apps and APIs – to separate good and bad behavior, in real time. 


Businesses can make accurate, real-time decisions, and take dynamic, tailored remediation that favors the customer and not the fraudster.


By leveraging content delivery networks (CDNs) such as Cloudflare and AWS CloudFront to integrate at the network perimeter, Darwinium provides a continuous view of user behavior with journey-time orchestration. 


The platform also has integrations with third-party services that further enrich risk decisions with additional intelligence, making it easy for customers to simplify their cyber-fraud strategy by consolidating multiple solutions.


The system uses a fully anonymized version of this data that can be processed and leveraged globally while remaining unexposed/unrecoverable to fraudsters. This streamlines compliance with regulations such as the California Consumer Privacy Act of 2018 (CCPA) and the EU General Data Protection Regulation (GDPR), while better preserving user privacy.


The solution has already been adopted worldwide by leading companies across its key verticals.


Opportunity to collaborate with BSI Learning and Diploma of Cybersecurity? Simon Dewar and Kala Philips 

https://www.linkedin.com/posts/sidewar_amazing-first-couple-of-days-at-the-india-activity-7120660567836495874-3x7R?utm_source=share&utm_medium=member_ios