Privacy Specialist Transcend Raises $25m

In the US, data privacy infrastructure provider Transcend has raised $25m in a Series A round of funding, which it will invest in its technology, strategy and team.

Founded in 2017 and headquartered in San Francisco, the firm helps companies give their users access and control over their personal data in many different systems across an organization, including databases, SaaS tools and warehouses. Users access a privacy center, where they can manage their privacy preferences, export their data or delete it. According to the firm, its solution was built to help organizations with regulations such as GDPR in Europe and CCPA in California; enabling them to maintain compliance while fulfilling user data rights requests without the need for manual intervention.

The new funding has been led by Index Ventures and Accel, with participation from South Park Commons, Phil Venables (Board member and former CISO, Goldman Sachs), and Dylan Field (CEO, Figma); adding $4m to the seed round raised last year. Transcend co-founder and CEO Ben Brook (pictured) comments: 'Operating on one person's personal data across hundreds of data systems is extremely complex, but it's all beneath the hood with Transcend. We distilled this process into something that is so simple for companies to use, they can start offering their users data rights in an afternoon'.

Web site: www.transcend.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.