Announced
Completed
Financials
Tags
Digital Services
Private Equity
Private
Single Bidder
Venture Capital
cloud data governance
Minority
Friendly
Domestic
Acquisition
Completed
United States
Synopsis
Insight Partners led a $50m Series B round in Privacera, a cloud data governance and security company, with participation from Sapphire Ventures, Battery Ventures, and existing investors Accel, Cervin, and Point 72. "Having pioneered the industry's first SaaS-based data governance and security solution capable of integrating privacy and compliance across multiple cloud services, we help organizations use data effectively and responsibly, so they remain compliant with an ever-growing number of regulations. The latest investment from Insight Partners, Sapphire Ventures, Battery Ventures, and earlier investors, will ensure we continue to deliver on our mission of accelerating data democratization by enabling IT and data teams to easily empower analytical teams with the data they need," Balaji Ganesan, Privacera CEO.
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