Connect with us

Hot world news

Recent funding news indicates increased need for data compliance management

Recent funding news indicates increased need for data compliance management


Recent funding news indicates increased need for data compliance management


The past year has brought on an enormous shift for digital marketers and organizations. In the wake of GDPR —  and with CCPA going into effect in less than six months — data privacy compliance has become a focal point for organizations across the globe.

Data privacy compliance firm OneTrust announced that it has closed an impressive $200 million Series A investment from Insight Partners in its latest round of funding — bringing the valuation of the platform to $1.3 billion. The multi-million dollar investment demonstrates the mounting priority businesses are placing on operationalizing privacy compliance.

“It’s been an exciting three years at OneTrust, with our customers partnering with us to define and build the most widely used technology platform in a completely new market,” said Karbir Barday, CEO and fellow of information privacy at OneTrust. “This investment will help us to bring a new level of scale and support for our customers, coming at a timely juncture with just six months before California’s CCPA is set to be enforced.”

Why we should care

Just this week, the European Union slapped massive fines on British Airways and Marriot for data breaches that affected hundreds of millions of their customers. The sheer sizes of the fines — $230 million and $123 million, respectively — should be enough to put compliance at the forefront of your digital strategy (if it isn’t already). Third-party vendors like OneTrust are recognizing the need to provide tools and solutions for compliance management.

Data privacy is becoming a visible part of our strategies, particularly in digital marketing. As we learn to manage the different regional laws and global regulations, many organizations will turn to third-party vendors to help drive the compliance component of our strategies.

We can expect to see more data compliance management platforms coming into the marketplace as enterprises and their service providers implement new programs and new laws evolve.

More on the news

  • OneTrust already serves over 3,000 clients in more than 100 countries.
  • Products within the OneTrust platform include processes to automate CCPA and GDPR requirements, including “right to be forgotten,” “access,” and “do not sell”.
  • Earlier in the week, San Francisco-based TrustArc raised $70 million in its latest funding to help organizations build privacy and compliance programs.

About The Author

Jennifer Videtta Cannon serves as Third Door Media’s Senior Editor, covering topics from email marketing and analytics to CRM and project management. With over a decade of organizational digital marketing experience, she has overseen digital marketing operations for NHL franchises and held roles at tech companies including Salesforce, advising enterprise marketers on maximizing their martech capabilities. Jennifer formerly organized the Inbound Marketing Summit and holds a certificate in Digital Marketing Analytics from MIT Sloan School of Management.


Source link

Continue Reading
You may also like...


  1. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

  2. I’ll right away grab your rss as I can not to find your e-mail subscription hyperlink or e-newsletter service. Do you’ve any? Please let me recognise in order that I may subscribe. Thanks.

  3. Hi my family member! I wish to say that this article is awesome, nice written and include approximately all important infos. I would like to peer more posts like this .

  4. I got good info from your blog

  5. I believe that is among the most significant info for me. And i’m glad studying your article. However should commentary on few normal things, The website taste is great, the articles is truly nice : D. Good task, cheers

  6. Thanks for the sensible critique. Me & my neighbor were just preparing to do a little research on this. We got a grab a book from our area library but I think I learned more from this post. I’m very glad to see such wonderful information being shared freely out there.

  7. Hey there! I could have sworn I’ve been to this website before but after reading through some of the post I realized it’s new to me. Anyways, I’m definitely glad I found it and I’ll be bookmarking and checking back frequently!

  8. I have been browsing online greater than three hours these days, yet I by no means discovered any fascinating article like yours. It is beautiful value sufficient for me. Personally, if all website owners and bloggers made excellent content as you did, the net will be a lot more helpful than ever before.

  9. of course like your web site however you need to test the spelling on several of your posts. Several of them are rife with spelling issues and I in finding it very troublesome to inform the truth then again I will surely come back again.

  10. whoah this blog is wonderful i love reading your articles. Keep up the good work! You know, many people are hunting around for this info, you can aid them greatly.

  11. Of course, what a magnificent site and enlightening posts, I will bookmark your blog.All the Best!

  12. source


    I have been reading out some of your posts and it’s nice stuff. I will definitely bookmark your website.

  13. I loved as much as you’ll obtain performed proper here. The sketch is attractive, your authored material stylish. nevertheless, you command get bought an edginess over that you want be delivering the following. ill no doubt come further in the past once more as exactly the similar nearly very regularly within case you shield this increase.

  14. I simply wanted to say thanks all over again. I do not know the things I could possibly have handled without the smart ideas provided by you directly on this topic. It had been a very troublesome matter in my circumstances, nevertheless viewing the professional form you solved it forced me to jump for gladness. I’m just happier for this guidance and thus sincerely hope you really know what an amazing job you are putting in teaching men and women by way of your webblog. Most probably you have never encountered all of us.

Leave a Reply

Your email address will not be published.


To Top
error: Content is protected !!