DataGrail Announced Raised $30 Million in a Series B Funding Round

DataGrail, a data privacy protection company based in California, raised $30 million in a Series B funding round this week.

In 2019, the company raised $5.2 million in a Series A round. Felicis Ventures led the new round of investment, which included HubSpot, Okta, Next47 (a Siemens-backed venture firm), Basis Set Ventures, Operator Collective, and previous investors.

DataGrail is a network that allows companies to streamline, automate, and scale their privacy programmes. The app, which automates data topic requests, is powered by a live data map that allows consumers to see exactly where data is stored on their systems and automatically represents any changes.

DataGrail offers integration with over 900 applications and infrastructure, and the company maintains the integrations.

Millions of customers use the company’s services through companies like Overstock, RH, Databricks, and Outreach, according to the company.

“Privacy laws like the CCPA and GDPR give people the ability to have their data erased or refuse to have it sold, but modern companies are unprepared for the Privacy Era,” said Daniel Barber, CEO and co-founder of DataGrail. “To address today’s huge privacy issues, we’ve created a framework that makes it incredibly simple to untangle what has become a spider web of data through the entire tech stack. For businesses who want to do the right thing by their clients, DataGrail elegantly solves this near-impossible task.”

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