FingerprintJS has raised $32 million in Series B funding led by Craft Ventures with participation from existing investors Nexus Venture Partners and Uncorrelated Ventures.
FingerprintJS, the open-source browser fingerprinting service, aids developers in building fraud detection with flexible APIs capable of identifying fraudsters even when they attempt to conceal their identity online.
The FingerprintJS platform stems fraud without increasing customer friction, accurately identifying 99.5 percent of returning web browsers in less than 500 milliseconds of processing time.
FingerprintJS raised $44 million to date.
Over the past year, FingerprintJS had a 300 percent+ increase in annual recurring revenue. Its open-source browser fingerprinting library has been downloaded over 14 million times and is used by 12 percent of the top 500 websites by total traffic including eBay, Coinbase, Agoda, and Yahoo!.
Customers can upgrade to FingerprintJS Pro, a cloud-hosted SaaS version of the service that amps up identification accuracy using additional client and server-side techniques, combined with the most advanced machine learning and AI tools available for browser identification.
