San Francisco, California - Unit21, a leading provider of software development solutions for detecting and managing money laundering, fraud, and other sophisticated risks, announced today that it has successfully raised $45 million in its Series C funding round. The round was led by South Park Commons, a prominent venture capital firm known for its investments in disruptive technology companies.

Unit21's innovative platform offers businesses a simple API and dashboard to protect against adversaries by identifying and mitigating risks associated with money laundering, fraud, and other complex threats across multiple industries. By leveraging advanced technologies, Unit21 enables organizations to enhance their security measures, maintain regulatory compliance, and safeguard their assets.

Trisha Kothari, the Founder of Unit21, expressed her enthusiasm for the successful funding round, stating, "We are happy to have South Park Commons lead this Series C funding round and support our mission to protect businesses from evolving risks. This significant investment will allow us to further innovate and deliver unparalleled solutions to our customers."