S&P Global and Snowflake have invested in a round that boosted the financial risk management software provider's overall funding to more than $74m.
Quantifind, a US-based financial risk management and anti-money laundering software developer, has raised $22m from investors including credit rating provider S&P Global and data analysis software provider Snowflake.
The round included In-Q-Tel, the venture capital representative of the US intelligence community, while Snowflake invested through corporate venturing arm Snowflake Ventures.
Founded in 2009, Quantifind provides software that uses artificial intelligence to screen information from sanction lists, watchlists, company data, legal entity registrations and online news sites for potential financial fraud…