Google Acquires Security Startup Impermium

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Although the Google acquisition of NEST labs hogged all the limelight, Google has also acquired a Security Startup Impermium, which has a presence in Bangalore. Not long ago Facebook had acquired a Bangalore based startup Little Eye Labs.

Impermium is a security startup that develops advanced risk-evaluation platform and improves account management by identifying fraudulent registrations, compromised logins, and risky transactions. In a statement, CEO and co-founder of Impermium Mark Risher said that its abilities would be further enhanced through this acquisition:

“By joining Google, our team will merge with some of the best abuse fighters in the world. With our combined talents, we’ll be able to further our mission and help make the internet a safer place. We’re excited about the possibilities.”

Financial details about the acquisition have not been made public. Impermium was started with a seed fund of $ 1 million and had raised Series A funding of $ 8 million in 2011.

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