KUALA LUMPUR, Sept 18 -- Digital Reasoning has received strategic investment from the Standard Chartered Bank’s innovation, ventures and fintech investments unit, SC Ventures, making its Series D-1 funding round total to US$40 million. (US$1=RM4.18).
Digital Reasoning will partner with the bank to expand its financial services product offerings in Communications Surveillance across Asia Pacific, the Middle East and other international markets.
The investment will also enable Digital Reasoning to continue its market leadership position in e-communications and Voice Surveillance for Compliance, as well as expand into other adjacent use cases within financial institutions globally.
Additionally, it will support Digital Reasoning’s efforts to broaden its pre-trained model catalogue to support growth in financial markets across Asia, the Middle East and Africa.
Digital Reasoning’s Series D-1 funding round had a first close last year, led by BNP Paribas with participation from Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA and the Partnership Fund for New York City.
Macquarie subsequently invested in this funding round, with SC Ventures now being the latest investor to contribute.
-- BERNAMA
No comments:
Post a Comment