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Page 15 - ஐரோப்பிய எதிர்ப்பு மோசடி அலுவலகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Afternoon Coffee: Icertis funding; Jobless claims; Fraud COVID-19 vaccine

Adobe Stock Icertis, a contract lifecycle management solution provider, announced an $80 million round of funding on Thursday, bringing its valuation to over $2.8 billion. According to a press release, the series F round was led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth and e.ventures. The CLM company has now raised over $280 million, and the current funding nearly triples its valuation after its most recent round of funding in July 2019. Icertis said it will use this latest funding to invest in its artificial intelligence (AI) and blockchain development, expanding sales and marketing, and building its global partner network.

Mafia targets Europe s €1 8trn recovery fund

Criminal enterprises - like their legitimate counterparts - have suffered during the pandemic-induced economic crisis. But the Italian mafia has already laid the foundation for a massive payday. Last year, when countries were seized by lockdowns, the mafia started infiltrating cash-starved companies in a bid to siphon money from the EU s recovery fund - and the €1.8trn that will, in part, start flowing to struggling firms later this year, according to Maurizio Vallone, Italy s top investigator of organised crime groups. Criminal groups - including the Ndrangheta in the southern Calabria region and Cosa Nostra in Sicily - have sought to gain footholds in lawful businesses that will be first in line to get EU aid, such as those in environmental and digital sectors, said Mr Vallone - who leads the Anti-mafia Investigative Directorate, which groups investigators from the main police forces.

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