Tech Company Financing Transactions

Rippleshot Funding Round

KDWC Ventures and private investors participated in a $2.8 million funding round for Rippleshot. The financing was recorded on 1/27/2017.

Transaction Overview

Company Name
Announced On
1/27/2017
Transaction Type
Venture Equity
Venture Equity
Amount
$2,757,316
Round
Undisclosed
Investors

KDWC Ventures (Lead Investor)

Proceeds Purpose
Rippleshot will use the new funding to grow its technical team of developers and data scientists in order to support the Company's continued growth in the credit union and banking market, as well as an expansion into the merchant fraud detection space.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
227 W Monroe St. 5200
Chicago, IL 60606
USA
Email Address
Overview
Rippleshot looks for the original cause of cards going fraudulent, often the result of a data breach. Instead of looking at consumer behavior, Rippleshot looks at the merchant. Consumers visit a compromised merchant and pick up a shadow fraudster, who spends from a pirated version of the consumer's card.
Profile
Rippleshot LinkedIn Company Profile
Social Media
Rippleshot Company Twitter Account
Company News
Rippleshot News
Facebook
Rippleshot on Facebook
YouTube
Rippleshot on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Canh Tran
  Canh Tran LinkedIn Profile  Canh Tran Twitter Account  Canh Tran News  Canh Tran on Facebook
Chief Scientific Officer
Randal Cox
  Randal Cox LinkedIn Profile  Randal Cox Twitter Account  Randal Cox News  Randal Cox on Facebook
Chief Technical Officer
Yueyu Fu
  Yueyu Fu LinkedIn Profile  Yueyu Fu Twitter Account  Yueyu Fu News  Yueyu Fu on Facebook
VP - Marketing
Anna Kragie
  Anna Kragie LinkedIn Profile  Anna Kragie Twitter Account  Anna Kragie News  Anna Kragie on Facebook
VP - Product Management
Jennifer Fout
  Jennifer Fout LinkedIn Profile  Jennifer Fout Twitter Account  Jennifer Fout News  Jennifer Fout on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/27/2017: Pypestream venture capital transaction
Next: 1/27/2017: Mindspace venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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