ThetaRay raises over $30m to meet demand for its financial crime detection technology.
The oversubscribed round was backed by Jerusalem Venture Partners, GE, Bank Hapoalim, OurCrowd, and SVB Investments.
$30.0M
≈ £22.7M at $1 = £0.7579 on 3 Jul 2018
ThetaRay provides artificial intelligence and big data analytics solutions for financial crime prevention, threat detection and operational efficiency.
ThetaRay has secured more than $30m in an oversubscribed funding round, lifting its total capital raised past $60m. Backers in the round include Jerusalem Venture Partners, GE, Bank Hapoalim, OurCrowd, and SVB Investments.
The fresh capital will be deployed to meet growing market demand for the company machine learning technology, which is designed to combat financial crime and improve operational efficiency.
