The company partners with both hospitals and pharma companies to personalize medicationsRead more...
Online banking security company adds Split Rock Partners to defenders against fraud
Jim Simons, managing director at Split Rock Partners, has joined the Guardian Analytics board of directors.
FraudMAP (now in its fourth iteration) is Guardian Analytics’ flagship product, an SaaS-based solution that helps banks, credit unions and other financial institutions detect online fraud attacks and other significant security mishaps. The company boasts that it proactively prevents Automated Clearing House (ACH), wire and bill pay fraud. More generally, Guardian Analytics seeks to help financial groups feel more secure about hosting online services that must handle sensitive data.
“Attempts to secure the end-point or lock the front door to online banking using multi-factor authentication have failed and cybercriminals are attacking institutions and their customers with impunity,” said Terry Austin, CEO of Guardian Analytics. “Financial institutions are moving faster than ever to adopt FraudMAP as a more advanced layer of security that will proactively stop the widest array of threats.”
Founded in 2005, the Los Altos, Calif-based company just experienced a record year of growth. Its customer base expanded by 150 percent and, between the first and second half of the business year, revenue swelled by 134 percent. Even more dramatic is the company’s claim that it achieved 100 percent customer renewals of its subscription-based service.
Current clients include the likes of Pacific Continental Bank, First Community Credit Union and Patelco Credit Union.
In 2010, Guardian Analytics also launched FraudMAP for Business Banking and FraudMAP Version 4.
Guardian Analytics will use the new funding to expand its sales efforts.
Read more from our "Trends and news" series
Jonathan Bush, co-founder of athenahealth, is now the company's Executive ChairmanRead more...
The company allows patients to use virtual reality for therapeutic exerciseRead more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
Founded in 2004, the Bateman Group is a highly specialized, full-service public relations firm focused on the technology industry. Differentiated by proven technical expertise, exceptional writing and a more senior-level staff, the Bateman Group’s objective is to make a bigger market impact for a smaller, more select group of companies.
Today, the Bateman Group has 16 full-time practitioners based in the firm’s San Francisco headquarters in with additional consultants in Boston, Los Angeles and New York City. The Bateman Group clients can be grouped into the following three categories: 1) Software, for the enterprise, infrastructure and the Web; 2) Systems, including large telecommunications networks, enterprise networks and security systems; 3) Services, typically on the Internet, for businesses and consumers.
Our ideal clients are technology companies, regardless of size, that value content expertise and guaranteed senior–level attention from their PR partner above all else. The Bateman Group provides all clients with a highly seasoned and motivated team, constantly active in the account helping to shape strategy, tactics, programs and content. We know this is especially valuable in today’s environment when in-house staffing and budgets are limited. Our primary goal is to have the absolute lowest client churn in the industry. Maintaining this reputation and quality of work takes real time and attention. Current clients will reinforce that no firm is better structured to invest more time, be as thoughtful or as thorough, or know as much about their business as the Bateman Group.