Droit Announces $23M Series B Financing
Summary
NEW YORK, NY, Droit, a technology firm at the forefront of computational law and regulation, today announced it has closed a $23 million Series B investment in its latest funding round. Droit is a technology firm at the forefront of computational law and regulation within finance and other domains. Its award-winning, patented platform Adept provides an implementation of regulatory rules reflecting industry consensus. The Adept platform processes tens of millions of inquiries a day, deciding in real-time which interactions are legally permissible across the globe. Adept is used by institutions to evaluate, with sub-millisecond latency, the full regulatory implications of any given interaction within their transactional infrastructure.
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