5 years ago

eXate Raises £2.3 Million Seed Funding to Democratize Data Privacy

  • eXate, a London-based data software company, has secured £2.3 million in seed funding led by Outward VC, with participation from ING Ventures and Triple Point Ventures

  • The company aims to use the funds for team growth, platform development acceleration, and expansion into new geographies and verticals

  • eXate provides an embedded platform that automates data policy enforcement, addressing the challenges of evolving global data privacy regulations

  • The company boasts blue-chip clients in banking and asset management, including incoming investor ING, with growing demand from other sectors like telecoms and insurance.

      • ProblemTechnology

      "Organisations struggle to keep up with evolving and complex global data privacy regulations, making it difficult to enforce data policies and avoid costly fines."

      Solution

      "eXate provides an embedded platform that automates the technical enforcement of data policies, combining and coordinating multiple privacy-enhancing technologies within a single platform, connected to built-in governance and controls."

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