The Information reports on increased investment by venture capitalists into consumer-facing and enterprisewide privacy-technology solutions. In 2017, venture capitalists invested more than $497 million in privacy-related startups, which, according to the report, more than triples the amount invested five years ago. Through the first three quarters of 2018, venture capital firms have invested more than $506 million. Bain Capital Ventures Managing Director Enrique Salem said, with privacy laws proliferating and increased privacy awareness, "I think those things coming together, plus the amount of data that everyone is using every day, makes it an area ripe for investment." BigID Chief Executive Officer Dimitri Sirota said investors are "paying attention," adding, "I would even say it is feverish." (Registration may be required to access this story.) Editor's Note: The IAPP Privacy Tech Vendor Report lists more than 150 vendors in the space.
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