A UK startup that uses AI to help you with GDPR has won $1m in funding
A UK startup that uses artificial intelligence to help businesses manage data and meet GDPR regulations has won $1 million in funding from a group of companies including Microsoft. Hazy has created a more secure data sharing system that lets people track and manage who has access to information, and generates GDPR compliant legal agreements. The company has won Microsoft's Innovate.AI global startup prize, which is open to small firms using AI to solve problems and improve lives. Hazy took home the Europe prize, along with up to $500,000 in Azure credits, Office 365 licences and $1 million in funding from M12, Microsoft's venture fund, and Notion Capital. Harry Keen, Chief Executive of Hazy, wrote in a blog post: "It's an amazing accolade for the Hazy team, which I'm proud to say is made up of some of the world's best AI and machine learning experts, thanks to our partnership with UCL. "Innovate.AI told us that they received hundreds of applications from startups across North America, Europe and Israel, all vying for their region's respective prize.
Jun-1-2018, 08:43:03 GMT
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