NS8, an online fraud prevention company, has raised $123 million in venture funding led by Lightspeed Venture Partners and AXA Venture Partners (AVP).
NS8 aims to accelerate product development and expand its global reach by growing its partner network. The company has increased its employee base from 50 to over 200 employees within the last year. NS8 will be hiring employees across sales, engineering, marketing, and infrastructure.
“Thanks to investment from Lightspeed, AXA Venture Partners, and our full backing group, we can scale to meet the growing demand for fraud prevention technology,” said NS8 CEO Adam Rogas.
