DataDome, which uses AI to protect against bot-based attacks, raises $42M

DataDome, which uses AI to protect against bot-based attacks, raises $42M

a year ago
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https://techcrunch.com/2023/03/30/datadome-raises-42m-series-c-bot-detection/

Online businesses are at risk of bad bot activity, certainly more now than they used to be. According to a survey from Imperva, 42.3% of internet traffic in 2021 wasn’t human, but instead bots that ran automated routines with ill intent.

Given the damage bots can do — for example, stealing content and inventory, degrading website and app performance, taking over accounts and committing payment fraud — it’s not exactly surprising that vendors selling bot-fighting tech are attracting big investments. Case in point, DataDome, a provider of bot protection services for mobile apps, websites and APIs, has raised $42 million in a Series C round led by InfraVia Growth with participation from Elephant and ISAI.

DataDome, which uses AI to protect against bot-based attacks, raises $42M

Mar 30, 2023, 1:46pm UTC
https://techcrunch.com/2023/03/30/datadome-raises-42m-series-c-bot-detection/ > Online businesses are at risk of bad bot activity, certainly more now than they used to be. According to a survey from Imperva, 42.3% of internet traffic in 2021 wasn’t human, but instead bots that ran automated routines with ill intent. > Given the damage bots can do — for example, stealing content and inventory, degrading website and app performance, taking over accounts and committing payment fraud — it’s not exactly surprising that vendors selling bot-fighting tech are attracting big investments. Case in point, DataDome, a provider of bot protection services for mobile apps, websites and APIs, has raised $42 million in a Series C round led by InfraVia Growth with participation from Elephant and ISAI.