Security News > 2020 > February > Privacy Management Firm OneTrust Raises $210 Million at $2.7 Billion Valuation
2020-02-27 00:23
OneTrust, a provider of privacy and security compliance tools, has raised $210 million in Series B funding at a valuation of $2.7 billion.
The Series B round was led by Coatue and Insight Partners, and combined with OneTrust's $200 million Series A, brings the total amount raised by the company to $410 million.
OneTrust says that nearly half of the Fortune 500 are customers.
"OneTrust plans to use the combined funding to continue to invest in meeting the widespread demand for our technology platform," said Kabir Barday, OneTrust CEO and Follow of Information Privacy.
OneTrust is co-headquartered in Atlanta and in London, and has additional offices in Bangalore, San Francisco, Melbourne, New York, São Paulo, Munich, Hong Kong and Bangkok.