Connect with us

Hi, what are you looking for?



Darwinium Raises $10 Million for Customer Protection Platform

Darwinium, a San Francisco-based startup focused on customer protection, has raised $10 million in a seed funding round led by Blackbird and Airtree, with participation from prominent angel investors.

Darwinium, a San Francisco-based startup focused on customer protection, has raised $10 million in a seed funding round led by Blackbird and Airtree, with participation from prominent angel investors.

The security and fraud prevention firm’s platform identifies bad behavior in real time by continuously assessing users’ digital interactions across websites, applications, and APIs.

Darwinium says it takes a new approach to customer protection by combining internal cybersecurity tools with fraud-prevention tools, in a single view. The startup aims to prevent account compromise and online fraud by bringing together previously disjointed security controls.

Operating at the perimeter edge, Darwinium’s solution identifies bad behavior and automates remediation by building ‘signatures’ for digital interactions and across digital journeys, turning behavior into identity.

The company says its solution has already been adopted by organizations in the banking, ecommerce, gaming, payments, and travel sectors.

Darwinium plans to use the funding for product and customer expansion.

“Protecting your customers must be about continuously scrutinizing their digital journey and behavior, rather than a point-in-time evaluation. It requires a joined-up system that allows proper collaboration between digital security and fraud via one singular view,” Darwinium CEO and founder Alisdair Faulkner said.

Advertisement. Scroll to continue reading.

Faulkner also founded ThreatMetrix, a fraud detection firm that was acquired for $817 million in 2018.

Related: Cloud-Native Application Security Firm Apiiro Raises $100 Million

Related: Binary Defense Raises $36 Million for MDR Platform

Related: Bearer, Notebook Labs, Protexxa Raise Millions in Seed Funding

Related: Asset Risk Management Firm Sepio Raises $22 Million in Series B Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.


Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.


The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.


Luxury retailer Neiman Marcus Group informed some customers last week that their online accounts had been breached by hackers.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.


As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.


A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...


Satellite TV giant Dish Network confirmed that a recent outage was the result of a cyberattack and admitted that data was stolen.


Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.