London-based data privacy software startup Privitar has secured a funding round of $40 million led by Accel, with participation from existing investors Partech, Salesforce Ventures, 24Haymarket, and IQ Capital. Seth Pierrepont, partner at Accel, will join Privitar’s board of directors.
Founded in 2014, Privitar provides data protection software for large organisations, including the NHS, HSBC, BT, Nordea, and more. Its suite of products — Privitar Publisher, Privitar Lens, and Privitar SecureLink — allow for data de-identification and building of analytics applications without opening access to raw data.
The London-headquartered company, which has raised more than $60 million to date, has also opened offices in New York, Boston, Paris, Munich, and Singapore.