Israel’s Forter gains unicorn status following USD 125 million series E funding
Categories: Hi-Tech
Payment fraud prevention company, Forter, has officially become a unicorn. The company raised USD 125 million in its series E funding round, which gave it the coveted valuation.
Due to the pandemic, eCommerce became the main lifeline for many companies and businesses, and securing these transactions became even more critical and complicated.
Herzog Fox & Neeman advised Forter, with the team led by partners Yair Geva and Yael Hauser, and associate, Reggev Mechalovich.
According to the article in Calcalist, the current round raises Forter’s valuation to more than USD 1.3 Billion, having raised USD 225 million in total.
