HMB congratulates FingerprintJS and its founders, Dan Pinto and Valentin Vasilyev, on closing an $8M Series A financing round. The company, a new kind of toolkit offering a browser fingerprinting service, is based on an open-source project that already has 10 million downloads and 8,000 websites using the service. Fingerprint JS plans to use the capital to expand its fraud prevention capabilities further into the enterprise market.
Fingerprinting technology identifies unique website visitors, including those who enter their session through incognito windows, use VPNs or block cookies. Developers embed FingerprintJS’ API into their code to address issues like online fraud, spam and account takeovers with more accurate user identification. Based in JavaScript, FingerprintJS compiles signals inside any browser and generates a unique identifier that can detect unusual behavior patterns. This core fingerprinting technology has garnered over 12,000 GitHub stars since its release.
HMB represented FingerprintJS and the team involved in the Series A financing and previously represented the company is its Series Seed financing included Brian H. Axelrad, Raymond J. Jacobi III and Alicia A. Handy. Vasilyev and Pinto also worked together at their prior startup, Machinio, which was sold back in 2018. HMB also represented Machinio in its Series A financing round and through to its sale to a strategic buyer.
You can read the full press release from Venture Beat here.
Read more about HMB's Venture Capital and Emerging Companies practice here.