Ketch, a San Francisco, California-based next-generation data control platform for privacy, governance, and security, closed $20 million in a Series A1 funding round. This is a follow-up to a series A funding round that closed in March of this year, bringing the total of its series A investment to a significant $43 million.
The round was led by Acrew Capital with participation from CRV, super{set}, Ridge Ventures, and Silicon Valley Bank.
The fund will be used to continue Ketch’s rapid growth by expanding its sales and go-to-market teams to address unprecedented market demand.
Company: Ketch Kloud, Inc.
Raised: $20.0M
Round: Series A1
Funding Month: September 2021
Lead Investors: Acrew Capital
Additional Investors: CRV, super{set}, Ridge Ventures, and Silicon Valley Bank
Company Website: https://ketch.com/
Software Category: Data control platform
About the Company: Ketch is the leading data control company for Programmatic Privacy™ and governance. The company was founded in 2020 by data management veterans and serial entrepreneurs who successfully built and scaled enterprise systems for world leaders like Salesforce and Microsoft. Ketch’s ‘Deploy Once, Comply and Secure Everywhere’™ architecture delivers comprehensive data privacy, governance, and security to organizations seeking to protect data, build trust with consumers, and successfully compete in data-driven markets. Thanks to Ketch’s ability to dynamically adapt to the ever-changing legal landscape, customers can future-proof their businesses while cutting operational and privacy engineering costs by 80%. Ketch’s customer base has grown by more than 300% since its March Series A announcement.
Source: https://www.businesswire.com/news/home/20210922005212/en/Ketch-Secures-20-Million-in-Series-A1-Funding-Accelerating-its-Rapid-Growth