Israel’s Jazz Raises $61 Million for AI Data Loss Prevention

Israel’s Jazz raised $61 million in funding to create a platform that uses artificial intelligence to tackle data loss prevention.

The Seed and Series A rounds were led by Glilot Capital Partners and Team8, with participation from Ten Eleven Ventures, Merlin Ventures, Encoded Ventures and MassMutual Ventures, the 15-month old company said in a statement Tuesday.