Internet Security Company Easy Solutions Raises $11 Million
Easy Solutions is an Internet security vendor company that has raised $11 million in Series B funding from Medina Capital. This brings the company’s total funding to $14.2 million. Easy Solutions plans to use the funding to aggressively expand into the United States, Europe, and Asia. They already have a major presence in Latin America currently.
Easy Solutions’ products have the ability to detect electronic fraud across various devices, channels, and clouds. The company also supports anti-phishing and secure browsing techniques. The company has over 32 million end users and works with over 100 enterprise-class customers.
“The recent US$45 million theft, which utilized both online hacking of credit card processors databases in India, and then physical ATM fraud in New York, is just the latest example of why cross-channel fraud protection is increasingly crucial for financial institutions,” stated Easy Solutions founder and CEO Ricardo Villadiego in a statement. “CSOs and Fraud Prevention Officers are increasingly relying on Easy Solutions to help proactively protect both themselves and their end customers against fraud. With this infusion of capital, we are excited to expand our reach to new markets as we deliver the industry’s most comprehensive fraud protection platform to customers around the world.”
Easy Solutions’ products include DetectID, DetectID Cloud, DetectID Cloud for SugarCRM, Detect Monitoring Service, Detect Safe Browsing, and Detect Safe Browsing To Go. The Detect Monitoring Service can also be useful for brands to monitor social media.
Easy Solutions has seen a 1,500% growth rate over the past 3 years and was named one of the fastest growing companies by Inc 500.