Privitar secures £64.9m Series C investment led by Warburg Pincus to expand platform capabilities
The data privacy platform aims to accelerate international expansion and increase headcount following backing from Warburg Pincus.
Privitar provides a leading data privacy platform that helps organisations protect sensitive information and meet regulatory standards. The company works with major financial institutions and healthcare providers to manage data securely at scale.
London based data privacy provider Privitar has secured £64.9m in a Series C funding round led by Warburg Pincus. The financing also included participation from Accel, Partech, IQ Capital, Salesforce Ventures, and ABN AMRO Ventures.
The capital will be deployed to accelerate product development, drive international expansion, and increase headcount across sales, services, and other core departments. This follows a strong prior year marked by significant revenue growth and global office openings.
The company's platform automates data protection strategies, allowing large enterprises in regulated sectors to utilise data safely while complying with evolving privacy regulations.
From the founder
"Large enterprises in regulated industries like financial services and healthcare have been early adopters of data privacy solutions, but all companies should look for ways to use data more safely and more effectively. Managing sensitive data at enterprise scale and complexity is a real challenge for even the most sophisticated data organizations. By automating the enforcement of data protection strategies, Privitar’s platform makes this achievable in any data-driven organization. We are excited to partner with Warburg Pincus as we continue to pioneer the category."
Jason du Preez
CEO at Privitar
Investor perspective
"We see an enormous opportunity ahead of the company and are excited to partner with Jason and the rest of the Privitar team to support the next phase of the company’s growth."
Cary Davis
Managing Director, Warburg Pincus
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Grow the team
- 04Invest in sales and marketing
- 05Scale operations
