EverC laying off 10% of team
EverC laying off 10% of team
The company, which develops technology to prevent online fraud, is cutting around 16 of 165 jobs.
Israeli startup EverC, which developed technology to prevent online fraud, is laying off 10% of its employees, Calcalist has learned. The company currently employs 165 people in its Tel Aviv offices, and yesterday about 16 employees were summoned for a hearing.
EverC works to detect fraud on e-commerce sites, including money laundering, human trafficking, fraud targeting the elderly, counterfeit medicines, and more. The company's customers are financial institutions, payment service providers, and online sales sites, all of which are obliged to actively prevent fraud through their systems.
The company, founded in 2007, announced in January its intention to recruit additional employees for a variety of positions. Among its investors are the Israeli Red Dot Capital Partners fund, Maor Partners, Viola Ventures, Arbor Ventures, and American Express Ventures. The CEO of EverC is Ariel Tiger.
