Google acquires cybersecurity technology startup Impermium
21 Jan 2014
Internet giant Google Inc has acquired Impermium, a three-year-old start up that has two of the three co-founders from India.
Neither Google or Impermium disclosed the financial terms of the deal.
The move comes a few weeks after social networking giant Facebook's acquired Bangalore-based tech startup Little Eye Labs. (See: Facebook acquires Indian tech start-up Little Eye)
With offices in Bangalore and California, Impermium focuses on building security products for websites.
Founded three years ago by Vish Ramarao, Naveen Jamal and Mark Risher to fight spam, fraud, and abuse on the web.
Impermium describes itself as a cybersecurity technology company that protects over 1.5 million sites and has processed over 8 billion transactions.
The company's advanced risk-evaluation platform improves account management by identifying fraudulent registrations, compromised logins, and risky transactions.
It has been 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.
It has 300,000 clients, including Tumblr, Pinterest, CNN, ESPN, Typepad and Washington Post.
Impermium is backed by Accel Partners, AOL Ventures, Charles River Ventures, Data Collective, Freestyle Capital, Greylock Partners, Highland Capital Partners, Morado Ventures, and the Social+Capital Partnership.
