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Daily Dashboard | OneTrust receives $200M in Series A funding, now valued at $1.3B Related reading: FTC-Facebook settlement to include board-level privacy oversight




The privacy technology market has been on a steady growth curve in recent years, and nothing demonstrates that more than the increased venture capital supplying this nascent industry. On Thursday, privacy management software company OneTrust announced the biggest such investment yet, with $200 million in Series A funding from Insight Partners, a global venture capital and private equity firm known for investing in the tech and software industries. According to OneTrust, the company is now valued at $1.3 billion, making it the first "unicorn" in the privacy tech marketplace. In an article for Privacy Tech, OneTrust CEO Kabir Barday, CIPP/E, CIPP/US, CIPM, CIPT, FIP, spoke with IAPP Editorial Director Jedidiah Bracy, CIPP, about what the funding means for the future of the company and the privacy tech industry more broadly.
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