PALO ALTO, Calif.--(BUSINESS WIRE)--Simility announced today that Info Security Products Guide, the industry's leading information security research and advisory guide, has named Simility a Gold winner of the 2016 Global Excellence Awards® in the Startup of the Year category and a Silver winner in the Tomorrow’s Technology Today category. The security industry celebrated its 12th Annual 2016 Global Excellence Awards in San Francisco by honoring excellence in every facet of the industry including products, people behind the successes and best companies.
More than 50 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2016 Global Excellence Awards Finalists and Winners. Winners were announced during the awards dinner and presentation on February 29, 2016 in San Francisco attended by the finalists, judges and industry peers.
Simility’s highly customizable and adaptive fraud detection SaaS platform combines machine learning with human analysis. Simility is currently in private beta with multiple clients globally processing millions of transactions a week.
“Info Security Products Guide’s recognition of Simility as Startup of the Year is validation of our early leadership in the rapidly growing fraud detection space,” said Rahul Pangam, CEO of Simility. “The judges also honor our innovative fraud detection platform as delivering the technology of tomorrow to customers today. Our global team is thrilled to win these two Global Excellence awards.”
About Info Security Products Guide
Info Security Products Guide plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and market research reports that facilitate in making the most pertinent security decisions. The Info Security Products Guide Global Excellence Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.
Simility is a cloud-based fraud prevention software solution that combines the power of machine learning and human analysis. Simility’s highly scalable platform protects SMBs and enterprise clients from the most sophisticated types of fraud. It also empowers fraud analysts to quickly adapt to fraudsters’ evolving tactics – all without having to write code. Built “by fraud fighters for fraud fighters,” the founding team’s combined 27 years of fighting fraud at Google puts them in a uniquely qualified class of fraud detection and prevention experts. Founded in 2014 with Headquarters in Palo Alto, Simility is backed by Accel Partners and Trinity Ventures. For more information, visit www.simility.com.