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ThetaRay, an Israeli computer and cybersecurity company, has won more than $ 30 million in funding to strengthen its crime prevention solution.
The company, based in Hod Hasharon and New York, has more than $ 60 million in capital since its founding in 2013. Its last round was led by Jerusalem Venture Partners, GE, Bank Hapoalim and crowdfund equity OurCrowd, among several other.
The cash injection will allow ThetaRay to rapidly expand its operations and provide services to a wider range of territories. Europe, Asia and the United States are at the forefront of his program, and many other staff members will soon be added to his list.
ThetaRay uses machine learning and artificial intelligence to help institutions identify the warning signs of money laundering. He doubled in size each of his five years. "As the amount of digital information increases, you can not protect them without artificial intelligence systems," said Mark Gazit, CEO of ThetaRay. "ThetaRay offers the most advanced and advanced solutions to detect threats before they happen."
"Bad news for hackers: ThetaRay's new $ 30 million spin-off means that villains are going to have to work a lot harder, "said Jon Medved, CEO of OurCrowd." My simple advice is: find another line of work. "
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