jazz

Israeli data security startup Jazz announced the completion of a total of $61 million in funding to build an AI platform for enterprise data leak protection.This Seed and Series A round was led by Glilot Capital Partners and Team8, with participation from Ten Eleven Ventures, Merlin Ventures, Encoded Ventures, and MassMutual Ventures.Jazz stated that its AI agent can learn the business processes and data context of enterprises, automatically identifying potential data leak risk scenarios, including improper use of AI chatbots by employees. Currently, Jazz has been in operation for about 7 months and has 15 paying enterprise customers, with specific valuation undisclosed.

According to a report by Business Insider, Binance has signed a Memorandum of Understanding (MoU) with JazzCash, a leading digital financial services platform under the VEON Group, in Abu Dhabi, aimed at exploring potential collaboration to support the responsible development of virtual assets in the region.This MoU establishes a preliminary framework for discussion between the two organizations. Binance and JazzCash plan to jointly explore potential collaboration in areas such as education, outreach, and the development of virtual asset solutions that align with regulatory requirements and market demands.