29 January 2020:
Securiti.ai has raised $50 million in Series B round of funding. The funding round was led by General Catalyst. Mayfield also participated in the funding round.
With this funding, the company has raised $81 million till now.
Dr. Steve Herrod, Managing Director at General Catalyst, said, “We have closely watched the SECURITI.ai team execute on their mission and it’s convinced us to double down on our investment in the company. The SECURITI.ai team has leveraged its deep enterprise cloud security, data protection and governance expertise to build a unique PrivacyOps platform that customers are excited about.”
Dr. Steve Herrod, added, “Privacy of personal information is of growing concern across the globe, and SECURITI.ai is very well-positioned to help companies properly provide this privacy and comply with increasing regulations.”
Marty Collins, Chief Legal & Privacy Officer at QuinStreet, said, “We chose SECURITI.ai for our privacy operations because it was the only platform that offered a scalable one-stop solution. Their PrivacyOps framework provides real-time data inventory, people-data-graph building and robotic automation.”
Marty Collins, added, “This enables us to not only meet current CCPA obligations now but also plan to meet growing consumer, regulatory and partner expectations around data privacy.”
(Source – Securiti.ai)