Sedric AI, a financial technology company specializing in artificial intelligence for compliance management, has successfully raised $18.5 million in a Series A funding round. The round was led by Foundation Capital, with participation from American Express Ventures and other existing investors, including StageOne Ventures and The Garage. This investment will significantly enhance Sedric AI’s efforts […]
AirMDR, a pioneering firm in AI-powered Autonomous Managed Detection and Response (MDR), has successfully closed a $5 million seed funding round. The investment, led by Foundation Capital with participation from Storm Ventures, will be utilized to expand research and development efforts and to accelerate market entry. This funding marks a significant milestone in AirMDR’s quest […]
California-based private equity investor HighBar Partners has acquired SilkRoad Technology, a software and cloud-based technology platform, for an undisclosed price. Based in Chicago, SilkRoad Technology has designed a platform for increasing employee satisfaction and productivity. HighBar Partners has also agreed to arrange additional growth equity financing to SilkRoad Technology for further developing its SaaS capabilities, […]
Current Series C round : US challenger bank Current has raised $131 million in a Series C funding round led by new investor Tiger Global Management. The mobile bank, which is based in New York City, has raised more than $180 million in total funding to date, taking its valuation of $750 million. Current said […]