Imperial Innovations and TTV Capital led the £6.2m round to support growth in the UK and US markets.
"This new funding round reflects the great progress Featurespace has made over the last year, including announcing major new customer wins with companies based in the USA. The most recent of these is a new partnership with TSYS, one of the world’s largest payment solutions and services companies, in which Featurespace’s adaptive behavioural analytics platform will be used to reduce fraud for TSYS’ clients."
The funding was provided by Imperial Innovations, Cambridge Innovation Capital and Johnson & Johnson Development Corporation.
"This investment will secure the development of this technology in Cambridge and facilitate its translation into the clinic for the benefit of patients"
