Securiti.ai Raises $50M in Series B Funding

securiti

Securiti.ai, a San Jose, Calif.-based PrivacyOps and data security automation platform provider, raiserd $50m in Series B financing.

The round, which brought total fundraise to $81m, was led by General Catalyst with participation from Mayfield.

The company intends to use the funds to continue to expand operations and its business reach.

Led by President and CEO Rehan Jalil, Securiti.ai is the leader in AI-Powered PrivacyOps, which helps automate all major functions needed for privacy compliance in one place. PRIVACI.ai enables enterprises to give rights to people on their data, be responsible custodians of people’s data, comply with global privacy regulations like CCPA and bolster their brands.

In addition to the funding, the company is also launching new products including a freemium offering for data subject request (DSR) fulfillment, as well as a self-serve portal that simplifies onboarding of a variety of privacy compliance solutions.

FinSMEs

30/01/2020

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