Data Privacy Compliance Startup CYTRIO Launches With $3.5 Million in Funding

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CYTRIO was founded by Vijay Basani (chief executive officer), Pankaj Parekh (chief privacy officer), and Darshan Joshi (chief technology officer), who collectively have 50 years of experience in data, privacy and security. Basani previously founded WebManage Technologies (acquired by NetApp), AppIQ (acquired by HP), and Cygilant.

The company offers a solution that simplifies and automates data privacy management for mid-sized enterprises, arguing that “solutions designed for large companies are not suitable for mid-market organizations due to deployment complexity, long time-to-value, and a need for dedicated privacy teams.”

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