This investment in the risk assessment automation start-up may show growth in using technology to deal with growing compliance needs.
October 14, 2016 at 03:00 PM
1 minute read
UK-based ComplyAdvantage, a company that uses machine learning to identify compliance risks, received $8.2 million in funding in a Series A funding round led by Balderton Capital.
ComplyAdvantage plans to use this investment towards building upon its distribution of services, with expanded sales, marketing and professional services across the U.S. and Europe.
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