Permira acquires Israeli fraud prevention provider BioCatch
05/02/24, 6:05 PM
Location
london
tel avivIndustry
venture capital
machine learning
artificial intelligence
software
Permira, a private equity company, has acquired BioCatch, an Israeli fraud/financial crime prevention provider. The deal values BioCatch at $1.3 billion and comes amid a rising demand for fraud prevention solutions.
Company Info
Location
London, England, United Kingdom
Company info
Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds with assets under management of approximately US$65bn (€58bn) and makes long-term majority and minority investments. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. The Permira funds have an extensive track record in tech investing, having invested US$17.1bn in 60 companies across enterprise cloud adoption, SaaS, fintech and online marketplaces. Permira employs over 360 people in 16 offices across Europe, North America, and Asia.
Related People
New Feature: Generate AI-Powered Emails Instantly!
Use one of the following options:
- Click the AI button next to your contact's email to generate a draft automatically.
- Use Copy to Clipboard to paste the email into your favorite email service.
- Click Send via Webmail to use Gmail or another online client.
Important: If nothing happens when you click, you might not have a default email client set up.