Privacy management software company OneTrust secured USD150 million in funding. The company announced support from Sands Capital and Al Gore's Generation Investment Management, as well as its current USD4.5 billion valuation. "Our solutions have never been more mission critical. In the face of changing regulations and new business initiatives like AI, organizations need the technology to drive trust to the center of their operations and manage the complex web of privacy, security, ethics, and ESG requirements," founder, CEO and Chairman Kabir Barday, CIPP/E, CIPP/US, CIPM, CIPT, FIP, said.
24 July 2023
OneTrust announces $150M in funding
Related stories
Notes from the IAPP Canada: Consultation period on CBPR implementation ends 30 June
CPPA Board tees up new consultation on draft ADMT, cybersecurity audit, risk assessment regulations
Ireland's DPC finalizes TikTok decision with potential data transfer ban
A view from DC: Colorado considers re-forging AI guardrails
Biometric promises, regulatory gaps: Why Canada needs a new approach to facial recognition technology