Online businesses are at risk of bad bot activity, certainly more now than they used to be. According to a survey from Imperva, 42.3% of internet traffic in 2021 wasn’t human, but instead bots that ran automated routines with ill intent.
Given the damage bots can do — for example, stealing content and inventory, degrading website and app performance, taking over accounts and committing payment fraud — it’s not exactly surprising that vendors selling bot-fighting tech are attracting big investments. Case in point, DataDome, a provider of bot protection services for mobile apps, websites and APIs, has raised $42 million in a Series C round led by InfraVia Growth with participation from Elephant and ISAI.
That’s an impressively high figure in light of the current macroe...