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Spark Leads $18 Million Investment in E-Commerce Fraud Detector Sift Science

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He is a senior correspondent at Vox.

Sift Science, a company whose software helps e-commerce companies and other Internet sites detect fraudulent transactions, has raised an $18 million Series B investment round led by Spark Capital. Existing investors First Round Capital, Union Square Ventures and Max Levchin also contributed funds in the round.

This article originally appeared on Recode.net.