Edison Partners Leads $26M Investment in NS8 – Accelerates Ecommerce Fraud Prevention Platform’s Product Innovation and Market Expansion

PRINCETON, N.J., March 20, 2019 /PRNewswire-PRWeb/ — Edison Partners, the growth equity investment firm, today announced leading a $26 million funding round in Las Vegas-based ecommerce security and website performance company NS8. The company will use the funds to accelerate product innovation and go-to-market expansion. Ecommerce fraud is growing at nearly twice the rate as online sales, according to Experian, and experts estimate that fraud costs merchants more than 7.5 percent of their annual revenue. BI Intelligence also reports that U.S. companies experience a loss of nearly $9 billion annually due to false positive losses, in which retailers decline to make ...

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