Privya, a Tel Aviv, Israel-based provider of a data privacy code scanning platform, raised $6M in funding.
The round was led by Hyperwise Ventures.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Founded in 2021 by Uzy Hadad, Arthur Garmider and David Segev, Privya provides a data privacy code scanning platform that translates the requirements of privacy related regulations such as GDPR, CPRA, etc., and compliance best practices into an automated architecture, ensuring privacy requirements are met at the initial point of development, so that bad privacy practices never make it into production.
Privya identifies data protection issues and violations early in the development process. Shifting privacy left, the company’s scanner analyzes how sensitive data is handled in code, understanding which types of data are being collected and how they are being used, stored and sent to third-party services. Privya integrates into a company’s CI/CD pipeline. The platform constructs a full mapping of each service to give complete visibility into how an application handles personal or sensitive data. It also provides a privacy management wizard, making it simple to add to an ongoing project, as well as visual features like privacy management dashboards. The platform flags sensitive data protection vulnerabilities (for example, when personal information is written to logs) and can confirm that data is only being used and processed for the purposes agreed in company’s privacy policies.
Privya has offices in Israel and the USA, and has early customers in diverse sectors such as finance, business services, telecoms, ecommerce and healthcare.
FinSMEs
09/08/2022