OneTrust Raises $200 Million Series A to Tackle Sweeping New California Consumer Privacy Rights and "Do Not Sell" Obligations in CCPA - Seite 2

"New privacy regulations, like the California Consumer Privacy Act and GDPR, are a direct market reaction to consumer demand for improved data privacy protection," said Richard Wells, Managing Director at Insight Partners. "OneTrust's strategic vision, stellar execution, and product innovation have shaped the company's leadership in the privacy and compliance space, providing customers with the tools to implement their own best in class privacy, security, and third-party risk programs. We are looking forward to partnering with the OneTrust team to further accelerate growth and capitalize on their strong position in the market."

"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 Kabir Barday, CEO and Fellow of Information Privacy (FIP), 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."

To learn more about OneTrust's Vision and Strategy, register for the webinar hosted by CEO Kabir Barday on Tuesday, July 16 at 1:00pm ET. For additional information, or to request a live OneTrust demo, visit OneTrust.com or email [e-mail].

About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight currently has over $20 billion of assets under management and has cumulatively invested in more than 300 companies worldwide. Our mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across our people and our portfolio, we encourage a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.

About OneTrust
OneTrust is the #1 most widely used privacy, security and third-party risk technology platform trusted by more than 3,000 companies to comply with the CCPA, GDPR, ISO27001 and hundreds of the world's privacy and security laws. OneTrust's three primary offerings include OneTrust Privacy Management Software, OneTrust PreferenceChoice consent and preference management software, and OneTrust Vendorpedia third-party risk management software and vendor risk exchange. To learn more, visit OneTrust.com or connect on LinkedIn, Twitter and Facebook.

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