California-based data privacy management company DataGrail this week announced that it raised $30 million in a Series B funding round.
The company previously raised $5.2 million in a Series A round in 2019. The latest funding round was led by Felicis Ventures, with participation from HubSpot, Okta, Next47 (venture firm backed by Siemens), Basis Set Ventures, Operator Collective, and previous investors.
DataGrail provides a platform designed to help organizations simplify, automate and scale their privacy programs. The platform, which automates data subject requests, is powered by a live data map that enables customers to know exactly where data lives on their systems, with any changes being automatically reflected.
DataGrail provides integration with more than 900 apps and infrastructure, and integrations are maintained by the company itself.
The company says its services are used by millions of consumers through firms such as Overstock, RH, Databricks and Outreach.
“Privacy laws, like CCPA and GDPR, give people the right to have their data deleted, or refuse its sale, but modern organizations are ill-prepared for the Privacy Era,” said Daniel Barber, CEO and co-founder of DataGrail. “To combat the massive privacy challenges businesses face today, we’ve built a platform that makes it remarkably easy to untangle what’s become a spider web of data across the entire tech stack. DataGrail elegantly solves this near-impossible task for organizations that want to do right by their customers.”
Related: Data Governance and Security Provider Privacera Raises $13.5 Million
Related: Developer Security Firm Snyk Raises $300 Million at $4.7 Billion Valuation
Related: Aqua Security Achieves Unicorn Status After $135 Million Funding Round
Related: XDR Firm Cynet Raises $40 Million Series C Funding
Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
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