Shield Announces $15 Million Series A Round To Address Surging Demand For Its Ai-Driven Communications Compliance Platform
Shield Announces $15 Million Series A Round To Address Surging Demand For Its Ai-Driven Communications Compliance Platform
01/13/22, 8:00 AM
Location
tel avivMoney raised
$15 million
Round Type
series a
Shield (the Company), the world’s leading workplace intelligence platform for compliance teams, today, after impressively bootstrapping itself since its launch in 2018, announced it has closed a $15 million Series A funding round led by Macquarie Capital and OurCrowd with significant participation from Mindset Ventures. Shield will use the funding to significantly expand its U.S. presence with a New York City office, while further establishing itself in markets throughout Europe, the Middle East, Africa, and the Asia Pacific. The funding will also be used to ramp up development of Shield’s end-to-end, award-winning communications compliance platform.
Company Info
Location
tel aviv, tel aviv district, israel
Additional Info
Shield will use the funding to significantly expand its U.S. presence with a New York City office, while further establishing itself in markets throughout Europe, the Middle East, Africa, and the Asia Pacific. Shield enables regulated financial institutions to detect market abuse, gain behavioral analysis, mitigate toxic workplace culture and ultimately automate surveillance over all employee communication channels, saving both operational and compliance cost.