DataDome offers an AI-/ML-powered bot management and fraud prevention solutions for web applications and APIs. The company’s platform examines requests from both the client end and the server end in real time in order to identify the intent of visit. It claims that its AI/ML models can process each request with 99.99% accuracy within two milliseconds.
DataDome’s platform offers a barrier against a variety of threats including account takeover, scraping, DDoS attacks, card cracking, and credential stuffing, with a claimed 0.01% rate of false positives. The platform also provides users with detailed real-time insights on bot and fraudulent threat activity. The company reports that it had prevented 250 billion+ online fraud attempts during 2022.
The platform offers four user tiers, with subscriptions starting at USD 3,400 per month.
Key customers and partnerships
DataDome served 300+ enterprises as of March 2022, which included companies such as Asus, Reddit, Rakuten, and Tripadvisor.
Funding and financials
In March 2023, DataDome raised USD 42 million in a Series C funding round led by InfraVia Growth, with participation from Elephant, ISAI, and others. The new investment was to be deployed to fund the commercial rollout of the platform and R&D.
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