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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

Marketing 234
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Sesamm bags $37M to give corporates ESG insights using natural language processing

TechCrunch

investment giant Carlyle Group , French corporate and investment bank Natixis , Japanese multinational insurance holding company Tokio Marine , and U.K.-based Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems.

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Are You Ready for Cloud Regulations?

CIO

The paper is a proposal to enable oversight of third parties providing critical services to the UK financial system. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk.

Cloud 231
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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance.

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CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. We’ve started an ethical AI committee that consists of the legal, compliance, technology, and cybersecurity teams,” says Cugini. However, developing and deploying an LLM is costly.

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DeepSee.ai raises $22.6M Series A for its AI-centric process automation platform

TechCrunch

I describe its system as ‘knowledge process automation’ (KPA). The company itself defines this as a system that “mines unstructured data, operationalizes AI-powered insights, and automates results into real-time action for the enterprise.” argues that what it does is different. offers three core tools.

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Automating compliance in software delivery

CircleCI

Compliance requirements can add significant overhead to an organization. Fortunately, it is possible to automate compliance-related activities using continuous integration and third-party tools. Examples of software compliance requirements. Software compliance best practices.