• Privitar raises USD 80 million in a series C round of funding driven by Warburg Pincus
  • The data privacy leader looks forward to expand platform capabilities to empower businesses worldwide to make the most of safe and useable data
  • The amount got to the USD 80 million mark in less than a year since the USD 40 million was raised in a series B funding led by Accel in June 2019

Based out of the UK, Privitar is a start-up that helps companies incorporate privacy protection for data projects. On April 6, 2020, the company announced that it has successfully raised USD 80 million in a series C funding led by Warburg Pincus (a global private equity firm) with participation from IQ Capital, Accel, Salesforce Ventures, and ABN AMRO Ventures.

The fundraising                   

Privitar achieved the USD 80 million mark in less than a year after it had raised USD 40 million through a Series B funding round led by Accel in June 2019. These funds will facilitate Privitar to expedite development of its data privacy platform, drive sustained innovation, and support primary and essential growth initiatives, with a steady focus on international expansion and increased hiring across business functions like sales, product development, services.

Jason du Preez, CEO of Privitar said, “The Privitar platform enables our customers to unlock and use their data to create better products and services while minimizing friction and risk.” He further explained that large enterprises in regulated industry verticals such as financial services and healthcare are early adopters of data privacy solutions. He also recommends that every company should look forward to for ways to use data in a more safe and effective manner. As managing sensitive data at enterprise scale and complexity is highly challenging even for the most sophisticated data organizations. By automating the enforcement of data protection strategies, Privitar’s platform makes this attainable in any data-driven organization.

As cloud adoption is proliferating, having a centralized platform to manage and protect sensitive data at scale is extremely essential to reduce the time taken to make data available to users, safeguard against insider threats, and decrease the risk of breach.

Privitar tirelessly is working with HSBC, Citi, AstraZeneca, and UK’s National Health Service to automate and manage data privacy policies on modern platforms.


The increase in number of data privacy regulations like General Data Protection Regulation (GDPR) for Europe and California Consumer Privacy Act (CCPA) that came into effect early this year have proved to be extremely beneficial for start-ups.

In addition to Privitar’s USD 40 million fund raising, InCountry this year in July successfully raised USD 15 million to support multinational organizations comply with data residency regulations, similarly Very Good Security as well raised USD 35 million to help  financial and healthcare service providers safeguard customer data.