- Osano, a technology startup that assists companies with data privacy compliance, announced it closed a new funding round of $11 million, bringing the total funds raised to $22.3 million, VentureBeat reports. The company said the money will be invested in expanding its international footprint and hiring additional staff. It also introduced a new AI-driven data discovery tool.
- Privacy management software company OneTrust announced plans to acquire security certification platform Tugboat Logic, VentureBeat reports. OneTrust CEO Kabir Barday, CIPP/E, CIPP/US, CIPM, CIPT, FIP, said Tugboat Logic “simplifies security assurance and certification automation to help growing companies easily demonstrate why they can be trusted and give a level of assurance about their security and compliance posture.”
- Online privacy regulation and data compliance startup Ketch raised $20 million in a funding round led by Acrew Capital, TechCrunch reports. CEO Tom Chavez said the funding will be used to expand the company’s sales and go-to-market teams.
- FTI Consulting released a new report that surveyed more than 2,000 executive leaders across G-20 nations. The research found companies overall "are facing an ever-growing and complex concoction of risk" and expect a rise in regulatory investigations. Additionally, 78% of those surveyed said they have suffered a cyberattack in the past 12 months.
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