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41st Parameter Raises Series C

The 41st Parameter Inc., a Scottsdale, Ariz.-based provider of online fraud detection and prevention solutions for ecommerce and financial services, has raised $10.07 million in Series C funding. Jafco Ventures led the deal, and was joined by return backers Kleiner Perkins Caufield & Byers and Norwest Venture Partners. It has now raised around $25.5 million in total VC funding since 2005.