Posted by : Unknown
Tuesday, 4 February 2014
Google has acquired a three-year old
start-up called Imprermium that builds cyber security products for
websites. The acquisition was announced by Impermium’s CEO and
Co-Founder, Mark Risher in a post. The financial details of the deal
have not been disclosed yet.
Impermium's website now has just a note
from Risher, stating, 'Impermium is joining Google'. It goes on to say:
"By joining Google, our team will merge with some of the best abuse
fighters in the world. With our combined talents we'll be able to
further our mission and help make the internet a safer place. We're
excited about the possibilities."
The startup that had two Indians Vish
Ramarao and Naveen Jamal and a third co-founder Mark Risher. The trio
worked together for Yahoo! before starting Imprermium in 2010. The
company has offices in Bangalore and California.
Impermium received $9 million in funding
from a host of venture firms including Accel Partners, Charles River
Ventures, AOL Ventures and Highland Capital Partners. The company
reportedly has over 300,000 clients, including Pinterest, Tumblr, ESPN,
CNN, Typepad and Washington Post among others.
Impermium is a cybersecurity technology startup that protects over 1.5M
sites and has processed over 8B total transactions in its 3-year
history. The company’s advanced risk-evaluation platform improves
account management by identifying fraudulent registrations, compromised
logins, and risky transactions. It has proven successful at stopping
fraudulent user account registrations in real-time — using a blend of
machine learning, statistical anomaly detection, and a proprietary
database of malicious actors — for hundreds of transactions per second
from many of the largest consumer Internet companies.
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