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Spruce, a New York-based provider of an online residential closing technology platform, raised $60M in Series C funding. The round, which brought total funding raised to date to $110m, was led by Zigg Capital with participation from existing investors Bessemer Venture Partners and Scale Venture Partners. The company intends to use the funds to expand its reach and further develop its platform. Founded by Andrew Weisgall and Patrick Burns in 2016, Spruce provides lenders, real estate investors, and proptech companies with nationwide title insurance, closing, escrow, and recording services...

The proptech company Spruce scored $60 million in funding as it attempts to modernize the title insurance industry.

Title and closing startup Spruce announced today that it has raised $60 million in new funding, bringing its total haul across multiple fundraising rounds to $110 million. The latest cash infusion is part of a Series C funding round and came from venture capital firms including Zigg Capital, Bessemer Venture Partners and Scale Venture Partners. In a statement Wednesday, Zigg Capital Managing Partner Dave Eisenberg praised Spruce for having “the key qualities of a world class technology company.” Dave Eisenberg “Spruce’s platform is central in enabling better, faster, and more affordab...

New Delhi: Forter, the leader in e-commerce fraud prevention, today announced it has raised $300 million in Series F funding led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management. Existing investors

Forter, a NYC-based e-commerce fraud prevention company, raised $300m in Series F funding. The round, which brought the company’s valuation at $3 Billion, was led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management and existing investors Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners. The company intends to use the funds to continue expanding its global ecosystem. Led by Michael Reitblat, CEO and co-founder, Forter is a leader in e-commerce fraud prevention, process...