DataGrail Secures USD 45 Million for Privacy Platform

DataGrail
DataGrail-Secures-USD-45-Million-for-Privacy-Platform

This week, the data privacy platform DataGrail revealed that it had raised USD 45 million in a Series C funding round, bringing its total funding to USD 84.2 million.

Third Point Ventures, Cloud Apps Capital, Felicis Ventures, Next47, Operator Collective, Sixty Degree Capital, and Thomson Reuters Ventures were all participants in the new investment round, which was led by Third Point Ventures. The San Francisco-based company, founded in 2018, offers a data privacy solution that builds an automated map of all internal business systems to provide visibility into the data footprint, improve privacy practices, and lower risks.

DataGrail claims that by securely storing sensitive data in the cloud, its solution also enhances privacy and security.

Read More: DataGrail Raises $45 Million for Data Privacy Platform

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