Privitar, the data-privacy software company founded in London, has announced this week the closing of a whopping $40 million Series B round. The round led by Accel also featured participation from us, Partech, and also other existing investors.
In a world that is slowly waking up to the risks associated with data and its usage, Privitar leads the development and adoption of privacy engineering technology. They enable their clients to publish and share valuable data-driven insights in an efficient, trustworthy and compliant way.
Some of the world’s best known brands have put data privacy at the top of their agenda and are actively using Privitar and their renowned data privacy engineering products. The brands include HSBC, the NHS in the UK and BT.
With the new funding, Privitar is looking to solidify its leading position in the global data-privacy market. This means rapid scaling, responding to the global demand and sharing the enormous benefits of faster and less risky data-driven decision making.
With companies become increasingly aware of the importance of protecting private information and implementing data privacy technology, Privitar hopes to become the standard for enterprise data privacy.
Congratulations to the whole team on their raise, we’re excited to see what’s next for Privitar!