UK AI startup Behavox lands investment from Citigroup

Nov 14, 2017 · uktech.news

Behavox 898x505

AI software firm Behavox has received $20m in a round led by Citigroup.

As a result of the deal, the firm, which has built compliance surveillance software, is now valued at $200m.

The London-based companys’ technology can be used by financial institutions to locate and question employee-generated data in real-time to find possible signs of wrongdoing.

Erkin Adylov, co-founder of Behavox, told the Financial Times that Citigroup was planning to use its technology in a bid to improve customer relations.

"The way you engage people is directly relevant to your performance … We can help firms to work out what drives more revenue," he added.

Read Complete Article

RT @RussShaw1: Nominations open for @ComputerWeekly Most Influential Women in Tech 2018: https://t.co/1uNwZT618w @TechLondonAdv @TLAWomenin…

RT @LDN_gov: Moderate air pollution forecast Sunday 24th and Monday 25th June. Sign up to @Airtext to stay informed. https://t.co/UBR9RgtfQ9

RT @InnFin: Musings from London Tech Week: FinTech, Policy and Government Affairs - see the latest blog from the @innfin Policy Team which…

'Heathrow must expand, for the sake of the country,' Chris Grayling writes https://t.co/lrsYsvU4jD

From 358 Area Switch applications, NBN has upgraded two MDUs so far https://t.co/bXMxlmgoS8