Anti-Fraud Startup Socure Valued at $4.5 Billion in Latest Round

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Socure, a startup focused on detecting and preventing identity fraud, reached a $4.5 billion valuation in its latest funding round.

The company raised $450 million from investors led by Accel, Socure said Tuesday in a statement. Other investors included funds and accounts advised by T. Rowe Price Group Inc., as well as Bain Capital, as well as Tiger Global Management.