CMP provider Usercentrics receives millions in funding | Usercentrics
Summary
The German Consent Management Platform (CMP) provider Usercentrics secured a growth investment in the millions in a current financing round. Usercentrics has grown massively since its founding in early 2018, and is now the German market leader in the segment of Consent Management Platforms (CMPs).The platform is collecting and currently providing several million user consents per minute to well-known companies, agencies and advertising technology providers. With the new capital, Usercentrics is set to accelerate the expansion of its core business and expand into new markets, primarily to European countries and the US. As part of its growth strategy, Usercentrics will continue to expand its team of experts by hiring new employees in the areas of IT, legal, sales and marketing. Large advertising companies, publishers and agencies are especially likely to benefit from the Software-as-a-Service solution, which can be easily integrated into existing technology stacks.
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