Source: Generation
OneTrust, the market-defining leader for trust intelligence, today announced a $150 million funding round. This capital will bolster OneTrust’s continued growth to meet customer demand for trust intelligence software. The round was led by new investor Generation Investment Management with participation from existing investor Sands Capital, bringing the total funds raised to date to over $1 billion with a current $4.5 billion valuation.
This latest funding comes as OneTrust reaffirms its leadership position in the privacy market. The company recently ranked number one in worldwide market share for data privacy software for the fourth consecutive year, according to IDC’s Worldwide Data Privacy Compliance Software Market Shares report, “OneTrust Continues to Hold its Large Lead Over the Market.” As data privacy regulations expand and evolve across the globe, organisations are embracing privacy as a strategic imperative to not only meet compliance requirements but demonstrate differentiation…
Read full article: https://www.generationim.com/our-thinking/news/onetrust-secures-150m-investment-led-by-generation-investment-management/
