Zocks, which has built an AI assistant for financial advisers, has raised $45 million in a Series B funding co-led by Lightspeed Venture Partners and QED Investors, the startup told Crunchbase News exclusively. All existing backers, including Motive Ventures and 14Peaks Capital, also participated in the financing. The raise comes less than one year after San Francisco-based Zocks raised a $13.8 million Series A. In total, Zocks has raised $65 million since its 2022 inception. Prior to co-founding Zocks, CEO Mark Gilbert spent more than a decade at Microsoft and more than three years as vice president of product management at Twilio. While at Twilio, Gilbert oversaw compliance and was struck by the amount of information and insights that companies were able to extract from their communications. 'We were focused on very high security privacy areas, and that's why we started with, and are 100% focused on, financial services,' Gilbert told Crunchbase News in an interview. 'And what we...
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