Fraud prevention solution Solink wins $5 mln in funding

Solink Corp, an Ottawa subscription-based fraud prevention solution, has secured $5 million in financing. The round was led by U.S. venture capital firm Generation Ventures and joined by ScaleUp Ventures, BDC Capital's IT Venture Fund and Valor Equity Partners. Launched in 2016, Solink has developed a data-driven security platform that captures and audits surveillance video and transactional data to help business customers proactively reduce fraud and obtain insights. It will use the funds raised to pursue global growth. Led by CEO Mike Matta, Solink is also backed by Wesley Clover International.

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