OneTrust, a provider of privacy and security compliance tools, has raised $210 million in Series B funding at a valuation of $2.7 billion.
The Series B round was led by Coatue and Insight Partners, and combined with OneTrust’s $200 million Series A, brings the total amount raised by the company to $410 million.
With roughly 1,500 employees across 10 offices, the company’s platform is used by more than 5,000 companies to comply with regulations such as GDPR, CCPA, GDPR, ISO27001 and hundreds of others. OneTrust says that nearly half of the Fortune 500 are customers.
OneTrust is co-headquartered in Atlanta and in London, and has additional offices in Bangalore, San Francisco, Melbourne, New York, São Paulo, Munich, Hong Kong and Bangkok.