DPOrganizer Raises €3M in Series A Funding

Funding Rounds

Summary

The round was led by Industrifonden, with participation from Creades, existing owners Inbox Capital, Soläng Invest and private investors.The company intends to use the funds to ramp up global expansion, strengthen the product and grow the tech team in Stockholm.Led by Egil Bergenlind, CEO and founder, Sebastian Norling, CTO, Andreas Yannelos, Head of Design, DPOrganizer is a regulation tech company that offers a Saas based tool for businesses to map, visualize, report on and manage their personal data processing.The software aims to support businesses in complying with the General Data Protection Regulation (GDPR) which comes into effect on May 25, 2018.Due to the growing GDPR market, DPOrganizer has grown tenfold over the last year, both in number of employees and in revenue, and serves customers in Europe, Asia and the US.

$ Funding

$
Amount $3.6M Total raised
Date November 28, 2017 Announcement date
Investors Industrifonden, Creades AB Lead investors
Company http://www.dporganizer.com Funded company

Classifications

industries
Entertainment
applications
Data Management

AskAI Classifications

Labels
Software SaaS Privacy Management Software

Linked Companies

DPOrganizer
$1M to $5M