Iovation, Inc.
 | |
| Type: | Privately held |
| Industry: | Computer Software |
| Founded: | 2004 |
| Founder(s): | Jon Karl Greg Pierson & Molly O’Hearn |
| Headquarters: | Portland, Oregon |
| Country: | United States |
| Employees: | 60 |
| Website: | iovation.com |
| Blog: | io.blog |
| Facebook: | iovation |
| LinkedIn: | iovation |
| Twitter: |  @iovation
|
| Key People | |
| Greg Pierson, CEO
Jon Karl, VP Corporate Development | |
Iovation, Inc. is a company engaged in providing online protection services to enterprises by helping them identify malicious visitors to their websites to minimize fraud, abuse, and protect their clients and the entire internet community. The company applies its data base of devices to determine the level of threats associated with any kind online transaction.[1] Its headquarter is located in Portland, Oregon.
The company has been listed on the Inc. Magazine's Inc. 5000 and ranks 1662 on the 2010 List of Fastest Growing Private Companies in America.[2]
History
Greg Pierson was approached by one of his customer during the time when he was establishing ieLogic. The customer told him that a fraudulent organization severely damaged his online business.Pierson's idea to solve the problem was to track down the computers of online criminals however,he discovered that no one is providing the service. Pierson together with Jon Karl and Molly O’Hearn co-founded Iovation, Inc. on June 2004. The company received a $15 million investment from Intel Capital, SAP Ventures, European Founders and EPIC Venture.[3]
Services
The company provides online protection for businesses engaged in Financial Services, Online Retail, Online Gaming, Online Communities and Online Casino. It's services include Reputation Manager 360, offered to companies that need a very demanding fraud management; Reputation Manager Basic,for companies that requires basic fraud management and Quick Check, an extension of the Basic and 360 services. It is used to lower the risks of login interactions.[4]
Awards
- 2011 OnDemand Top 100 Winner- Software, Vertical Applications [5]
- Technology-Service Company of the Year Award [6]
- 6th Annual 2011 Hot Companies and Best Products Awards-Finalist in Security Services for Finance, Banking and Insurance [7]
- 2011 MRC Emerging Technology Award [8]
- 2011 Best Security Service [9]
- 2011 Best in Risk Management[10]
- 2011 Best New Technology [11]
- 2011 Technology Provider of the Year [12]