DataGrail, which helps enterprises manage data privacy requests, raises $30M

#News(Startup) [ via IoTGroup ]

DataGrail a data privacy startup that helps businesses navigate the growing array of privacy regulations around the world has raised $30 million in a series B round of funding. Founded in 2018 DataGrail constitutes part of a growing roster of platforms that are capitalizing on privacy regulations — such as GDPR in Europe and CCPA in California — by making it easier for companies to manage automate and grow their privacy programs.

For example many privacy regulations allow end users (e.g. customers or employees) to request access to their data under a right-of-access stipulation known as a data subject access request (DSAR). Fulfilling such requests can be a labor-intensive process involving collaborations between multiple teams for a single DSAR given that the average enterprise uses between 50 and 100 different systems to store personal data. “Organizations rely on hundreds of interconnected apps and infrastructure — SaaS apps data lakes hosted databases — making it nearly impossible to find the personal data associated with a single person and comply with privacy laws ” DataGrail cofounder and CEO Daniel Barber told VentureBeat. “DataGrail allows businesses to automatically understand the apps and infrastructure they use [and] what personal information exists in those systems and provides the ability for their customer to control how their information is used.” DataGrail supports more than 900 prebuilt integrations across companies’ cloud apps and infrastructure including AWS Box Dropbox Stripe Slack Jira Salesforce and Okta. The company also claims to be able to detect personal data inside shadow IT systems — technology a company hasn’t officially approved for storing customer data. Companies can complete a DSAR in minutes using Request Manager according to DataGrail which instantly identifies where all the data is stored and unifies it in a single online dashboard. Moreover DataGrail makes it possible for companies to automate the specifics of the request. “The

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