By VC News Daily
SAN FRANCISCO, CA, Today, Transcend, the next-generation data privacy platform, announced it raised $40 million in Series B funding.
Transcend helps the world’s largest companies better govern their data-reducing risk, improving operational efficiencies, unlocking growth, and building trust. Transcend customers go beyond the patchwork and manual offerings of today to realize an easy, efficient, and secure governance program at scale. In addition, Transcend’s platform incorporates standard-setting data protections that security-conscious brands have come to expect, including an on-premise security gateway, end-to-end encryption (E2EE), and more. Transcend was named ‘Leader’ in Data Privacy Management on G2 and ‘Major Player’ in the 2023 IDC MarketScape report Worldwide Data Privacy Compliance Software.