Cambridge, UK. 17 November 2017
Featurespace, the leading multinational machine learning company for fraud prevention, has been ranked 36th in the 2017 Deloitte UK Technology Fast 50, moving up 10 places from placing 46th in 2016.
Featurespace’s ARIC™ platform uses advanced anomaly detection for fraud and risk management professionals, by analysing complex data streams in real time to spot and block fraud.
David Cobb, Lead Partner for the Deloitte UK Technology Fast 50, said:
“The Deloitte Technology Fast 50 shines a spotlight on the UK’s fast-growing technology companies and is internationally recognised as being one of the most important business awards in the sector.”
Martina King, Featurespace CEO, commented:
“Featurespace’s global growth is recognition of our customers’ need to outsmart criminals, beat real-time fraud and protect their own customers with the latest machine learning technology.
“Featurespace has had a fantastic year, completing a substantial fund raise and opening a US office in Atlanta, all of which enables us to better protect an increasing number of customers worldwide from fraud attacks.”
Featurespace’s real-time, ARIC™ platform uses Adaptive Behavioural Analytics to detect anomalies in individual behaviour for fraud and risk management.
Featurespace was created out of Cambridge University’s Engineering Department, co-founded by world-renowned experts in applied statistics, the late Professor Bill Fitzgerald and Dave Excell, Featurespace CTO.
The Deloitte Technology Fast 50 is one of the UK’s foremost technology award programmes, celebrating innovation and entrepreneurship. Now in its 20th year, it is a ranking of the country’s 50 fastest growing technology companies, driven by leading intellectual property and based on percentage revenue growth over the last four years.
The full list of this year’s winners and winner breakdown by region and sector is available at www.fast50.co.uk
Want to know more about Featurespace? Discover ARIC Fraud Hub and request a demo here.