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Daily Dashboard | Startup seeks to help users understand data use, privacy policies Related reading: Canadian privacy commissioners find Facebook violated country's privacy laws

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Privacy startup Transcend received $3.95 million seed funding from venture capital firm Accel, Business Insider reports. The new program sets out to help users understand how companies use and track their data. Users can plug an app into Transcend, which will then gather information about the app's privacy policies. "To the actual users of the technology, they're given an impenetrable wall of legal text. Privacy policies are the most unusable thing on the internet … We present things in a TLDR format to understand what data is being collected and what it's being used for," Transcend CEO and Co-Founder Ben Brook said.
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