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2014-01-21

Google snaps up cyber security start-up Impermium

Google has acquired a cyber security start-up Impermium that offers security products for websites. The deal size has not yet been disclosed by Google or Impermium.

In its recent acquisition, search engine giant Google has acquired a cyber security start-up Impermium that offers security products for websites. The deal size has not yet been disclosed by Google or Impermium.

 

The three-year old start-up was founded by three co-founders, Vish Ramarao and Naveen Jamal of Indian origin and Mark Risher with offices in California and Bangalore.

 

The start-up offers advanced risk-evaluation platform for detecting fraudulent registrations and risky transactions online. The company had earlier raised $9 million in funding from various VC firms.

 

In a note written on its website, Mark Risher said, “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.”

 

“We’d like to extend a special thank you to all of our customers and partners. We’d also like to thank our invaluable investors, advisors, and supporters, including Accel Partners, AOL Ventures, Charles River Ventures, Data Collective, Freestyle Capital, Greylock Partners, Highland Capital Partners, Morado Ventures, and the Social+Capital Partnership,” Risher added in the note.

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