CalypsoAI, the leader in validation, security and monitoring for Artificial Intelligence (AI) and machine learning (ML), announced today the closing of its $13 million Series A fundraising. Paladin Capital Group led the round, with participation from Lockheed Martin Ventures, 8VC, Frontline Ventures, Lightspeed Venture Partners, Manta Ray Ventures, Pallas Ventures and other financial and strategic investors. The funding will allow CalypsoAI to expand globally, increase adoption among enterprises, and progress with innovation. CalypsoAI's solutions address one of the most important challenges of the digital age: securing the automated future. Artificial intelligence and machine learning have expanded from board room presentations into practical applications.

Elliptic, a blockchain intelligence firm that uses machine learning to root out fraudulent blockchain transactions, has raised 5 million from private equity investors. The funding round was led by Paladin Capital Group and included participation from Santander InnoVentures and others. The company uses graph analysis and machine learning to identify illicit activity in blockchain transactions, and provides a variety of compliance and securities services related to distributed ledger technology. Interactive gaming company Pivit used distributed ledger technology provided by Digital Asset Holdings to issue a portion of its latest 5 million funding round. Elliptic's technology was used to ensure that the digitally issued securities always remain under the control of Pivit and its investors.