Many family offices are now turning to artificial intelligence to better understand their financial data. Recent research shows that 86 percent of these private wealth groups are using AI to enhance their daily operations and data analysis. These organizations, managing a combined wealth of over $119 billion, see machine learning as a way to modernize
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Notch, an AI platform designed specifically for regulated sectors like insurance and finance, has raised $30 million in a Series A funding round. This brings the company’s total funding to $45 million. The new investment is led by Headline, with support from Lightspeed Venture Partners, Jibe Ventures, Illuminate Financial, and Phoenix Insurance. The funding shows
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Ping Identity has announced the general availability of its new solution, called Identity for AI. This technology aims to give organizations better control over autonomous AI agents operating within their systems. As AI agents become more common in enterprise environments, managing their identities and actions at runtime is more important than ever. Traditional identity systems
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As organizations increasingly rely on AI-driven environments, staying ahead of security threats becomes more complex. Vectra AI is rolling out new tools to give security teams better visibility, continuous monitoring, and proactive management of their network exposure. These updates aim to help businesses identify and fix vulnerabilities before they can be exploited, especially in hybrid
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As organizations increasingly rely on AI, security risks are becoming a major concern. An eBook titled “AI Quantum Resilience” from Utimaco highlights that many companies see security as the biggest obstacle to effectively using their data for AI. Since the value of AI depends heavily on the data it learns from, protecting that data is
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Finance teams are now using advanced multimodal AI to automate their most complex workflows. One big challenge has been extracting accurate text from unstructured documents like statements and reports. In the past, simple optical character recognition systems struggled with complicated layouts, often producing messy and unreadable text, especially from multi-column files, images, or layered data.
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Above Security has announced it has raised $50 million in funding to fight insider threats in organizations. The company is moving out of stealth mode and aims to change how businesses detect and manage risks coming from inside their own teams or AI systems. The funding was led by prominent venture firms, and the company
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Spade, a New York-based company, has raised $40 million in a Series B funding round. The company plans to grow its data and AI platform for modern financial services. The funding was led by Oak HC/FT, with support from Andreessen Horowitz, Flourish, Gradient, NAventures, the corporate venture arm of the National Bank of Canada, and
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Doctronic has announced a major funding boost, raising $40 million in a Series B round. The financing was co-led by Abstract and Lightspeed Venture Partners, with participation from existing investors including Union Square Ventures, Seven Stars, Mantis, and Tusk Ventures. This brings the company’s total funding to over $65 million. The new investment follows less
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Lightedge, a trusted name in managed services, has announced it is celebrating its ninth year as an AWS Managed Service Provider (MSP). The company specializes in secure, compliant hybrid cloud solutions and continues to support clients in leveraging AWS for their digital transformation efforts. This milestone underscores Lightedge’s ongoing commitment to delivering top-tier cloud management
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