StepStone Group, a global private markets firm, led a $40m Series B round in Transcend, a data governance solutions provider, with participation from HighlandX, Accel, Index Ventures, 01 Advisors, Script Capital, South Park Commons. “Transcend takes a radically different approach to solving modern data privacy problems by tackling it at the code level, which is one of the many reasons we’ve invested in the company. What’s also remarkable is how often they’re moving companies with complex data requirements off inefficient legacy platforms and point solutions, and onto their next-generation platform—what an incredible signal of future success,” John Avirett​​​​, StepStone Group Partner.