Security News > 2020 > June > Transcend raises $25M to capture the entire data privacy market

This investment validates the strength of Transcend's breakthrough technology, strategy, and team, and positions Transcend to capture the entire data privacy market.

"Operating on one person's personal data across hundreds of data systems is extremely complex, but it's all beneath the hood with Transcend. We distilled this process into something that is so simple for companies to use, they can start offering their users data rights in an afternoon."

By powering data privacy inside of every company and creating simplicity, Transcend puts users everywhere in control of their data.

"In the wake of dozens of stories about privacy issues on video-conferencing sites, data breaches at retail companies and targeted election ads on Facebook, consumers are increasingly aware and concerned about how their personal data is used, which is pushing government regulators to step up," said Mark Goldberg, Partner at Index Ventures.

"However, even companies who want to prioritize data privacy can struggle to fulfill requests efficiently and at scale. Transcend solves that problem, empowering users to take control of their data and businesses to stay compliant without any additional work. Privacy will define the next chapter in internet history, and Transcend is becoming a critical part of the story."

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