SafeGuard Privacy, a New York-based SaaS-based compliance platform that allows publishers, agencies, brands, data providers, and tech platforms to assess, audit, and comply with global privacy compliance laws and requirements, secured $7 million in funding from TechOperators.
The Investment will help the company deliver on massive market demand for automated compliance and expand its leadership. The fund will be used to accelerate its ability to help businesses around the world to automate compliance.
Since Richy Glassberg and Wayne Matus, Esq., co-founded SafeGuard Privacy in 2019, global privacy laws have proliferated and demand for automated compliance has increased exponentially in response. During this period, dozens of global businesses adopted SafeGuard Privacy's software platform to ensure compliance across their complex marketing operations and vendor relationships.
SafeGuard Privacy's clients adopt its software to maintain compliance with a plethora of privacy laws, including the California Consumer Privacy Act and GDPR. The company's clients include Business Online, CafeMedia, Habu, Neustar, a TransUnion company, Publisher's Clearing House, and many others.
Company: SafeGuard Privacy, Inc
Raised: $7.0M
Round: Unknown
Funding Month: November 2022
Lead Investors: TechOperators
Additional Investors:
Company Website: http://www.safeguardprivacy.com
Software Category: SaaS-based Compliance Platform
About the Company: Founded by Richy Glassberg and Wayne Matus, SafeGuard Privacy is an enterprise software platform that makes it easy for businesses to assess and get compliant while also ensuring their vendors are compliant—a massive challenge facing most brands, corporations, digital advertising, and publishing companies. SafeGuard Privacy offers the first platform for comprehensive privacy compliance management and collaboration. A key feature of the platform is its comprehensive and independent assessments that evaluate a company's privacy programs and guide them on their path to compliance. Its workflow management and governance tools, including policy wizards, training, secure document storage, real-time reporting, and true auditing features empower businesses with everything they need to mitigate risk and demonstrate compliance -- all while saving time and money. In addition, the Vendor Compliance Hub solves the industry RFI process, making it easy for vendors to demonstrate privacy compliance to their partners and mitigate third-party liability.
Source: https://www.benzinga.com/pressreleases/22/11/n29874292/safeguard-privacy-closes-7m-usd-funding-round-led-by-techoperators