Thursday, May 25, 2017

Merlon Intelligence Gets $7.65M

San Francisco-based Merlon Intelligence, a developer of risk management and compliance software, has raised $7.65M in a seed funding round. The funding was led by DCVC, and also included Fenway Summer, Nyca, and Work-Bench. Merlin said it is using machine learning and natural language processing to help institutions meet regulatory compliance challenges. Merlon Intelligence is led by founder and CEO Bradford Cross.