Click Forensics gets $10 million infusion

Austin-based and Austin Ventures backed Click Forensics has landed $10 million in venture funding which puts its raised total to $15 million in the last two years. The company develops software that detects fraudulent internet activity. Their main focus is detective fraud in the paid search arena. The Click Fraud Network, as they call it, uses algorithms to sniff out suspicious clicks and other possible problems. Other investors include Shasta Ventures and Sierra Ventures.

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