Digital anti-fraud technology startup, Simpli5d, has bagged a second round of undisclosed funding, led by Dheeraj Jain, partner at UK-based Redcliffe Capital and YourNest Angel Fund.
Simpli5d is a digital engagement solutions company which offers products to control advertisement frauds and also to help advertisers reach out to their digital audience in an engaging manner. The products include natural language processing (NLP) technology-based captcha, video and mobile engagement solutions.
“We are overwhelmed with the support and confidence our partners have invested in us. Most of the funds will go towards technology enhancements, along with expansion in new geographies and people investment,” said Amit Mittal, Founder and Chief Executive Officer, Simpli5d Technologies.