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Zendata raised $2 million in seed funding led by PayPal Ventures to develop AI governance and data privacy solutions.

May 29, 2024about 1 year ago

Amount Raised

$2 Million

Round Type

seed

San FranciscoMachine LearningArtificial IntelligenceSoftware

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.

Company Information

Company

Zendata

Location

San Francisco, California, United States

About

Zendata is a leading provider of AI governance and data privacy solutions, co-founded by industry veterans with extensive experience in AI and data platforms at Fortune 100 companies, including PayPal.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers