E-Commerce Risk Management Firm Gets Capital Infusion for Expansion
Sept. 12, 2011
G2 Web Services LLC, a provider of merchant compliance monitoring and e-commerce risk management services, recently secured a strategic investment from Primus Capital. The Bellevue, Wash.-based company said the investment will enable G2 to expand its global presence and accelerate the launch of new merchant risk management services. “Partnering with Primus Capital enables G2 Web Services to further support our clients globally with an expanded presence in Europe and Asia. The investment also allows us to accelerate the introduction of our new Global Boarding service, the first in a suite of new services under development, which will transform merchant risk analysis at boarding and throughout the merchant life cycle,” said Kevin Omiliak, general manager of G2. “My partners and I are pleased to align ourselves with an investment partner that shares our vision for the future of merchant risk management.” G2 said it persistently monitors millions of e-commerce websites for compliance with laws, acquirer policies and card network rules. Terms of Primus capital’s investment were not disclosed.