By ET Bureau - September 08, 2022 1 Mins Read
The compliance technology and data analytics company SteelEye has announced the conclusion of a USD 21M Series B fundraise to speed up its growth in North America and beyond.
Along with current backers Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and a sizable family office, Ten Coves Capital led the funding round. By combining communications and trade data under a single lens and offering solutions for archiving, eDiscovery, trade reconstruction, communications and trade surveillance, and data analytics, SteelEye intends to make use of the most recent funding.
With the Series B fundraising, SteelEye has now raised a total of USD 43M, which will be used to accelerate growth ambitions and expand into North America.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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