AI Compliance Platform IVIX Completes $60 Million Series B Financing

According to Businesswire, the AI compliance platform IVIX has announced the completion of $60 million in Series B financing, led by OG Venture Partners (OGVP), with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital, and Cerca. The new funds are expected to be used to accelerate its R&D capabilities to combat financial crime in complex cryptocurrency networks, blockchain anonymous transactions, and high-frequency trading, with its AI graphical analysis revealing hidden connections behind financial crimes.