Transcend Nabs $25M Series A
2020-06-11
SAN FRANCISCO, CA, Transcend has raised $25 million in a Series A funding.
Transcend, the data privacy infrastructure that makes it simple to give users control over their personal data, announced today that it has raised $25 million in Series A funding. Index Ventures led the round alongside Accel, with participation from South Park Commons, Phil Venables (Board Member and former CISO, Goldman Sachs), and Dylan Field (CEO, Figma). This investment validates the strength of Transcend's breakthrough technology, strategy, and team, and positions Transcend to capture the entire data privacy market.
Transcend has built a completely new data privacy infrastructure that integrates into a company's databases and applications, automatically handling requests end-to-end with no human intervention required. Co-founders Ben Brook, CEO, and Mike Farrell, CTO, realized there was no easy way for consumers to access their personal data or for companies to easily provide access to that data. The team saw an opportunity to build a data infrastructure that fully manages personal data, no matter where it's stored-databases, SaaS tools, warehouses, vendors, and everywhere else. From receiving new Data Subject Requests (DSRs) to user authentication to response reports, Transcend can handle everything.
Transcend is the data privacy infrastructure that makes it simple for companies to give their users control over their personal data. Personal data is disorganized, hard to spot, and stored across many systems. That makes offering data rights;like deleting your data; very hard for companies. Transcend automatically fulfills data subject requests inside companies, across all of their data systems and vendors.
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