Zendata raised $2 million in seed funding led by PayPal Ventures to develop AI governance and data privacy solutions.
May 29, 2024•about 1 year ago
Amount Raised
$2 Million
Round Type
seed
Investors
Altari VenturesGeek VenturesFirst Hand Alliance (Operated By Salesforce Alumni)Pay Pal Ventures
Description
Zendata emerged from stealth with $2 million in seed funding to redefine how security teams manage data and security. The financing will be used primarily to develop the Zendata platform and expand its customer base to meet the increasing global demand for organizations looking to navigate today's complex AI and data governance landscape.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers