Buguroo is a cybersecurity company that develops software based on deep learning (AI) and analysis of biometric behavior for online fraud detection.
buguroo's technology protects financial services customers from all known fraud use cases, including the increasing problem of synthetic fraud, when hackers set up new accounts using fake identities in the onboarding phase.
buguroo was founded in 2010 by Pablo de la Riva Ferrezuelo and is based in Madrid, Spain.
buguroo is the mastermind behind the most comprehensive solution for online fraud prevention known as bugFraud, which detects the greatest number of online fraud cases on the market.
buguroo is backed by Ten Eleven Ventures, Seaya Ventures, Inveready Technology Investment Group, and Conexo Ventures. The company raised $11M from a Series A financing on Nov 26, 2019. This new round brings boguroo's total funding to $14.3M to date.
buguroo was named a “Cool Vendor” in 2016 by Gartner, has also been awarded by CyberSecurity BreakTrought as the “Overall Fraud Prevention Solution of the Year 2017” and has received the mention to the "Most promising Cybersecurity solution in 2017" by the prestigious CIO Review magazine.