Friday, April 29, 2016

Kasisto Gets Strategic Funding For Banking Bots

Burlingame, California-based Kasisto, a developer of artificial intelligence software which provides assistance to banking and finance customers, has scored a round of strategic funding from DBS Bank, a mobile bank based in India. Financial details of the minority transaction were not announced. Kasisto is a spinout of SRI, and is developing virtual assistance--driven by AI software--to help banking customers. Kasisto's CEO and co-founder is Zor Gorelov.