TRM Labs Raises $70M Series C for AI Crime-Fighting Push
AI Summary
TRM Labs has raised $70 million in Series C funding for AI-driven investigations and compliance tools; the company aims to combat cybercrime using advanced AI technologies.
Texas Relevance
The article does not mention Texas, TX, TCUD, or any Texas-specific entities. The funding and technology focus are broadly applicable to credit unions nationwide.
Original Content
Funding at $1B Valuation Targets AI-Driven Investigations and Compliance Tools TRM Labs has secured $70 million in Series C funding led by Blockchain Capital reaching a $1 billion valuation. CEO Esteban Castano says the money will boost AI-powered investigations, compliance automation and intelligence as criminals use AI to scale cybercrime faster than defenders can respond.