July 18, 2019 09:00 AM Eastern Daylight Time

NEW YORK–(BUSINESS WIRE)–Behavox, a leading artificial intelligence data analytics firm, today announced that accelerated client acquisition in the first half of 2019 has pushed the company into profitability, ahead of its projected target. The milestone comes as Behavox celebrated its five-year anniversary this June with record performance metrics across all categories.

“Behavox leverages our industry-leading AI to help companies and their people become better than ever before.”

Behavox projects revenue will grow at least 75% in the second half of the year, driven by its market leading Compliance solution. The company is also on track to hit its target of 200 engineers in its Montréal office.

“If ever there was a recipe for mutual success, it is the partnership between Behavox clients and our Behavox team,” said Erkin Adylov, Founder and CEO of Behavox. “Behavox is intertwined with our clients in the workplace, using the power of AI to help companies understand, analyze and interpret the attitudes and actions taking place within their walls.”

Behavox is headquartered in New York City, with offices in London, Singapore, Montréal and San Francisco with its client base spanning three continents. Clients include: investment banks, trading firms, hedge funds, private equity firms, venture capital firms and broad-based financial service companies

All Behavox client is data is aggregated, normalized and centralized, and product offerings fall into the following categories:

Compliance – Allowing compliance to become a competitive advantage

Revenue – Converting hidden insights into sales opportunities

Productivity – Supercharging a team’s creative output

Motivation – Turning culture into a strategic asset

“Human behavior is the wildcard inside every company that can make or break its success,” said Adylov. “Behavox leverages our industry-leading AI to help companies and their people become better than ever before.”

About Behavox Ltd.

Behavox is a security software company that specializes in communication surveillance:

As a market leader in the application of Artificial Intelligence to monitoring of text and voice communications, Behavox’s software protects companies and their employees from bad actors engaged in illegal and malicious activities.

Compliance, surveillance, legal and SOC teams rely on Behavox software to reduce false positives and increase detection rate across a broad range of risks. There are many solutions to protect companies from outside risks; Behavox protects companies from inside risks.

Founded in 2014, Behavox is headquartered in Montreal and has offices in New York City, London, Seattle, Singapore, and Tokyo.

More information about the company is available at www.behavox.com.

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