news | Business Insider A company that uses technology to help hedge funds and banks bust rogue employees just raised $70 million décembre 21, 2018 | By Dan DeFrancesco A New York-based startup that uses artificial intelligence to help banks and asset managers screen for rogue activity among their employees just raised $70 million. Software company Behavox, which is able to analyze massive amounts of data like employee emails, texts and calls through a technology known as natural language processing, raised 40% more money than it had initially targeted, according to a source familiar with the deal. It’s the latest example of investor interest in fintechs focused on helping firms solve compliance issues, known as « regtech. » As of the third quarter of 2018, investors had poured twice as much funding into regtech companies than in the entire prior year, according to research provider FinTech Global . And regulations for financial institutions are only getting more complex. A recent survey conducted by Intertrust of 500 financial services executives found 85% expect regtech demand to grow until at least 2020. Behavox’s investors were not disclosed. Citigroup previously led a $20 million round for Behavox in November 2017, which venture capital firm Index Ventures also participated. In November 2017, Behavox was valued at $200 million, though a more recent valuation could not be learned. A spokesperson for Behavox declined to comment on the funding round. Share À propos de Behavox Ltd. Behavox est une société axée sur les informations qui utilise l’IA comportementale et l’apprentissage automatique pour protéger les entreprises des crises d’entreprise et des événements pouvant mettre fin à une société. Behavox propose des solutions qui aident les entreprises internationales et les sociétés financières à produire des informations précieuses à partir des communications internes telles que les courriels, les messages instantanés, les médias sociaux et les données vocales. Behavox couvre plus de 150 types de données, dont Microsoft Teams, Twitter, WeChat, WhatsApp et Zoom, dans de multiples langues. Fondée en 2014, Behavox est établie à New York et possède des bureaux à Montréal, à Londres, à San Francisco, à Seattle, à Singapour, à Tokyo, à Dallas et à Abou Dhabi. De plus amples informations sur la société se trouvent à l’adresse www.behavox.com. Press Contact [email protected]