Data Security and Governance Provider Privacera Raises $50 Million


Founded in 2016 by the creators of Apache Ranger, Privacera plans to use the new funds to accelerate its go-to-market strategy and extend its portfolio to support multiple cloud services.

The funding round was led by Insight Partners, but also saw participation from Battery Ventures, Sapphire Ventures, Accel, Cervin, and Point 72.

The new infusion of cash, the company says, will be used to extend investment in Privacera’s unified system for data governance and privacy across cloud services, such as Databricks and Snowflake.