DataGrail Raises $45M in Series C Funding

DataGrail, a San Francisco, CA-based data privacy platform provider, raised $45M in Series C funding.

The round was led by Third Point Ventures with participation from Thomson Reuters Ventures, Sixty Degree Capital, Felicis Ventures, Operator Collective, Next47, and Cloud Apps Capital. Third Point Ventures Partner Dan Moskowitz will join DataGrail’s Board of Directors

The company intends to use the funds to expand operations and scale to meet the needs of an evolving data privacy landscape.

Led by CEO Daniel Barber, DataGrail provides a data privacy platform used by brands as their Privacy Control Center, a hub where legal, security and executive teams can run impactful privacy programs and understand their real-time risk. A newly launched community connects privacy professionals so that they can actively learn together and build a privacy powered future. The company also released a new product called Risk Monitor, which makes it easier for privacy teams to collaborate cross-functionally on privacy-related tasks.

Serving companies from mid-market to the world’s largest enterprises, DataGrail’s client base consists of companies like Salesforce, New Balance, Instacart, Skillshare and MyFitnessPal.

FinSMEs

13/10/2022