DPOrganizer Raises €3M in Series A Funding
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.