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Relyance AI, which helps companies comply with data privacy regulations, raised a $32.1M Series B led by Thomvest, bringing its total funding to ~$59M (@kyle_l_wiggers / TechCrunch) https://t.co/g3MkkkLFEZ 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/cDEkot1dpS
🤖 Billionaire @PeterThomson's firm @ThomvestVC is betting big on #AI, leading a $32.1M round in data governance platform @RelyanceAI. Exciting to see top investors doubling down on transformative AI tech! What other AI startups are on your radar? https://t.co/3gjB9xnZox
Relyance AI Secures $32.1M to Revolutionize AI Governance and Data Privacy https://t.co/aZAaA0tKqa
Relyance AI has raised $32.1 million in a Series B funding round led by Thomvest Ventures. The funding aims to bolster the company's efforts in helping businesses comply with data privacy regulations and revolutionize AI governance. This brings Relyance AI's total funding to approximately $59 million. As AI adoption grows, data security and governance have become critical, prompting increased investment in these areas. Peter Thomson's firm, Thomvest Ventures, is among the notable investors supporting this initiative.