Obama’s former chief data scientist, DJ Patil, joins Venrock as an adviser

 DJ Patil, the chief data scientist under President Barack Obama, has joined Venrock Capital as an adviser. Patil has long been a proponent of using data science and artificial intelligence to solve some of the nation’s biggest problems around areas including medicine, policing and the criminal justice system. “My primary focus is building new models to improve healthcare and… Read More

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Feedzai closes $50M Series C to help banks and merchants identify fraud with AI

 Feedzai is announcing a $50 million Series C this morning led by an unnamed VC with additional capital from Sapphire Ventures. The six year old startup builds machine learning tools to help banks and merchants spot payment fraud. In today’s rapidly maturing world of fintech, Feedzai is trying to thread the needle between turnkey solution and customizable platform. With 60 clients… Read More

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