Osano Raises $25M in Series B Funding

Osano, an Austin, TX-based provider of a data privacy management software platform, raised $25m in Series B funding. In addition, Mark Donnelly, Partner at Baird Capital, will be joining the Board and Katharine Tomko, Partner at First Ascent Ventures and former Facebook Head of Privacy Programs, will be joining as a Board Observer. The company intends to use the funds to build the team, expanding multiple departments, including engineering, product development and sales. The fully remote data privacy management company helps organizations access consent management, data subject rights requests, privacy assessments, and vendor monitoring all in one place. Osano recently developed a Privacy Program Maturity Model to help privacy leaders understand opportunities for growth and advancement, and launched a new Data Mapping product and enhanced its overall platform with a new feature, Vendor Discovery.