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Impermium acquired by Google

33 points| loganlinn | 12 years ago |impermium.com

22 comments

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mikeyouse|12 years ago

From Crunchbase:

Impermium is a cybersecurity technology startup that protects over 1.5M sites and has processed over 8B total transactions in its 3-year history. The company’s advanced risk-evaluation platform improves account management by identifying fraudulent registrations, compromised logins, and risky transactions. It has proven successful at stopping fraudulent user account registrations in real-time — using a blend of machine learning, statistical anomaly detection, and a proprietary database of malicious actors — for hundreds of transactions per second from many of the largest consumer Internet companies.

It looks like it was founded in 2010 by a few ex-Yahoo! spam guys and had raised $9mm in 2 rounds from the typical list of tech VCs. LinkedIn lists 20 employees, so probably 30ish total.

saurabhnanda|12 years ago

Is it just me or does anyone else feel lile they're thanking their customers for being guinea pigs for experimenting their WIP.systems. That the end game was always a Google acquisition and these customers were just a way to prove that something of value had been built. Now that it is done, so long, and thanks for all the fish.

saurabhnanda|12 years ago

Okay, why the negative votes? Just read their announcement. It reads like a farewell note to their current customers (at least to me).

pyvpx|12 years ago

the customers got something out of it too, no?

VladRussian2|12 years ago

best $7K spent:

http://venturebeat.com/2012/10/21/impermium/

"Rather than use an internal data services team, the company turned to Kaggle, a startup that hosts data-driven competitions.

From around the world, statisticians competed to build a tool that combines machine learning and natural language processing to root out malicious commentary. The winner received $7,000 — their solution was the most accurate with a false positive rate of less than one percent.

After posting the competition, the company received 154 submissions from contenders, and made some interesting discoveries about the nature of hate speech. "

jboggan|12 years ago

They probably spent twice that - Kaggle takes a cut.

dictum|12 years ago

Mental Summarize:

Impermium is Joining Google!

January 15, 2014

When we founded Impermium three years ago, our mission was to help rid the web of spam, fraud, and abuse. By joining Google, our team will extend a special thank you to Accel Partners, AOL Ventures, Charles River Ventures, Data Collective, Freestyle Capital, Greylock Partners, Highland Capital Partners, Morado Ventures, and the Social+Capital Partnership.

joelrunyon|12 years ago

So what exactly did they do?

envite|12 years ago

From TC: "[Impermium] had been building a risk-evaluation platform that would improve account management by identifying fraudulent registrations, compromised logins, and risky transactions"

I think they were used by Tumblr for anti-spam and catching bad registrations.

kwestro|12 years ago

Impermium protects SaaS application users from account hijacking and account compromise.

chmullig|12 years ago

I guess burn some VC cash for a while and then get acquihired.

jonalmeida|12 years ago

Just out of curiosity, does anyone know how much they were acquired for, seeing has Google dropped ~3 billion on Nest..

eridius|12 years ago

I don't think I've ever seen anyone round off 200 million dollars before.

caiob|12 years ago

Google is on a shopping spree, Eh?!