Privitar, a London, UK-based data privacy platform provider, completed an $80m Series C funding.
The round was led by Warburg Pincus, with participation from Accel, Partech, IQ Capital, Salesforce Ventures and ABN AMRO Ventures.
The company intends to use the funds to further accelerate the development of its data privacy platform, fuel continued innovation, and support key growth initiatives, with a focus on international expansion and increased hiring across sales, services, product development, and other areas of the business.
Founded in 2014 by Jason du Preez, CEO, Privitar provides a platform that enables organizations to protect their customers’ sensitive personal data and to deliver comprehensive data privacy that frees them to extract maximum value from the data they collect, manage and use. The company also has regional headquarters in Boston and Singapore, a development center in Warsaw, and sales and services locations throughout the US and Europe. Privitar is working with leading enterprise customers such as HSBC, Citi, the UK’s National Health Service and AstraZeneca to manage and automate the enforcement of data privacy policies on modern platforms.