Fundz

Data Governance and Security Leader Privacera Secures $13.5 Million in Series A Funding

PRIVATEJul 15, 2020

Amount Raised

$13 Million

Round Type

Series A

FremontSoftwareArtificial IntelligenceMachine Learning

Description

Privacera, the cloud data governance and security leader founded by the creators of Apache Ranger™, today announced it has raised $13.5 million in Series A funding to support the increasing demand for automated data security, privacy and governance in the cloud. The funding was led by Accel who invested based on the tremendous trajectory of the Company and its strong customer base. Equally appealing for the venture firm was the fact that data governance, security, and compliance are becoming table stakes as organizations look to migrate enterprise data to the cloud to drive data analytics. Accel joins early investors Cervin Ventures, Point 72, and Alchemist Accelerator. 

Quick answer

Privacera raised $13 Million in a Series A round, dated July 15, 2020. Privacera is based in Fremont, California, United States.

How much did Privacera raise?
Privacera raised $13 Million in a Series A round on July 15, 2020.
What does Privacera do?
Privacera is an AI and data security governance company founded by the creators of Apache Ranger.
Where is Privacera based and how big is it?
Privacera is based in Fremont, California, United States.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Privacera that raised within 45 days of this round, from Fundz verified event records.

  • Celestial AI raised $5M on August 26, 2020.
  • Gong i.o Ltd. raised $200M on August 19, 2020.
  • Gong raised $200M (Series D) on August 12, 2020.
  • Q/C Technologies, Inc. raised an undisclosed amount on August 11, 2020.
  • Bolster raised $2.8M (Seed) on August 6, 2020.
  • Edge Impulse raised $3.8M (Seed) on July 24, 2020.

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Company Information

Company

Privacera

Location

Fremont, California, United States

About

Privacera is an AI and data security governance company founded by the creators of Apache Ranger. It provides solutions for AI risk management and compliance, helping organizations integrate generative AI securely into their workflows. Privacera's PAIG platform enables enterprises to manage risk, enforce policies, and maintain visibility over their AI applications. The company emphasizes alignment with industry standards to foster responsible AI adoption.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Privacera raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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