Privitar provides data-privacy management solutions to companies and public sector organizations. The company protects data and enables ethical data analysis. Its platform helps to facilitate the ethical and safe use of valuable data assets, enable data-driven innovation, reduce privacy risk, and simplify compliance. Privitar serves the financial services, healthcare, insurance, and retail industries. It was founded in 2014 and is based in London, United Kingdom. In June 2023, Privitar was acquired by Informatica.
Privitar's Products & Differentiators
Privitar Data Privacy Platform
The Privitar Data Privacy Platform provides a modern data architecture that enables organizations to realize the promise of safe, usable data across all of their data sources and environments by: > supporting the diverse combinations of data, purpose and use > applying consistent, auditable privacy policies > streamlining and automating data provisioning > scaling to enterprise data volumes > preserving compatibility with applications and tools > managing regulatory, reputational, and ultimately financial risk.
Research containing Privitar
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Privitar in 5 CB Insights research briefs, most recently on Jul 31, 2023.
Expert Collections containing Privitar
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Privitar is included in 6 Expert Collections, including Digital Banking.
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
These companies protect organizations from digital threats.
Excludes US-based companies
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Retail Media Networks
Tech companies helping retailers build and operate retail media networks. Includes solutions like demand-side platforms, AI-generated content, digital shelf displays, and more.
Privitar has filed 4 patents.
Computer security, Data security, Parallel computing, Privacy, Workflow technology
Computer security, Data security, Parallel computing, Privacy, Workflow technology
Latest Privitar News
Aug 28, 2023
One of the recurring themes in the area of enterprise IT these days is consolidation, and today we’re getting another dose of it in the area of enterprise data management. Informatica — which provides a set of tools to enterprises to analyze, manage and share data across their organizations — is acquiring Privitar, a startup out of the U.K. that focuses on building and providing data access controls. The acquisition will sit within Informatica’s larger data stack, which it sells as the “intelligent data management cloud.” Terms of the deal are not being disclosed. Privitar notably had raised over $150 million in funding since first being founded back in 2014, from investors that included Accel and Warburg Pincus as well as strategics like Salesforce, HSBC and Citigroup. Its last valuation was over $400 million. But that was all the way back in 2020, at the peak of the last tech fundraising and valuation cycle, when Privitar had last raised outside funding, an $80 million Series C led by Warburg Pincus. Valuations have seen a lot of downward pressure in the current market, and companies have found it a lot more challenging to close rounds even at less attractive terms. Add that to another surprise — we are not seeing the expected surge of M&A that many thought there would be this year (to make up for the lack of funding) — the story right now seems to be: a lot less competition for deals, and a buyer’s market. Consolidation has been playing out across the board in enterprise IT. At one end, customers are looking to reduce the number of suppliers bring down costs and make things more efficient; at the other, smaller tech companies, running out of funding and finding it hard to raise more in the current climate, are getting snapped up by bigger players looking to present a one-stop-shop to customers. This acquisition sits squarely in both of these trends. Privitar got its start focusing on privacy in big data analytics: providing tools for “engineering” privacy, in the words of its co-founder and CEO Jason du Preez, so that when “non-anonymized” data was used, controls were put in place to flag and protect sensitive or obvious identifiers. Over time, to bring on more customers and revenue, the company widened out that remit to provide data management access to all an organization’s data. But while there has been a lot of talk about a migration to the cloud and digital transformation, in particular in the last few years, movement in this space has been very slow and so, as macroeconomic forces have put pressure on all businesses, they are looking for more cost-effective ways of getting up to speed with their data and IT strategies. Informatica’s EVP and chief product officer Jitesh Ghai said that the enterprises today that work with companies like Informatica and Privitar are streamlining a lot of how they purchase IT like data management tools. “There is more fragmentation than ever before across warehouses, lakes, clouds and on premise,” he said. “The last thing [our customers] want amidst all that is for their data management to also need to be stitched together.” Privitar itself had been making acquisitions to tap into the consolidation trend, and Ghai said he believes there is more of that to come for Informatica. “In general there has been an immense amount of investment and innovation in data and analytics,” he said. “We are always on the hunt for compelling technology and best of breed solutions.”
Privitar Frequently Asked Questions (FAQ)
When was Privitar founded?
Privitar was founded in 2014.
Where is Privitar's headquarters?
Privitar's headquarters is located at 15 Hatfields, London.
What is Privitar's latest funding round?
Privitar's latest funding round is Acquired.
How much did Privitar raise?
Privitar raised a total of $148M.
Who are the investors of Privitar?
Investors of Privitar include Informatica, UK-U.S. PETs Prize Challenge, HSBC Venture Capital, IQ Capital, Partech Partners and 18 more.
Who are Privitar's competitors?
Competitors of Privitar include Osano, OneTrust, Protopia AI, Immuta, One Creation, BigID, eXate, DataGuard, Privado, Sarus and 18 more.
What products does Privitar offer?
Privitar's products include Privitar Data Privacy Platform.
Who are Privitar's customers?
Customers of Privitar include ABNAmbro and NHS Digital.
Compare Privitar to Competitors
Immuta offers a data management platform to automate data governance. It combines sensitive data discovery, security, access control, data activity monitoring, and deep integrations with cloud data to provide data management and data security for enterprises. The company serves the financial sector, healthcare sector, public sector, and more. It was founded in 2015 and is based in Boston, Massachusetts.
OneTrust offers a privacy management platform. It helps organizations manage their privacy compliance obligations. It provides solutions such as privacy management, ethics program management, governance, and policy management, audit and compliance management, and more. The company was founded in 2016 and is based in Atlanta, Georgia.
TrustArc provides online privacy solutions. Its product offers a suite of privacy services to help businesses build trust and increase engagement across online channels including websites, mobile applications, advertising, cloud services, business analytics, and email marketing. It was founded in 1997 and is based in Walnut Creek, California.
Ethyca is a data privacy infrastructure intended to provide tools to developers for data privacy compliance tasks. The company's platform provides a data map charting the location and flow of data across the business, which allows privacy teams to automate the processing of all key privacy compliance tasks. It was founded in 2018 and is based in New York, New York.
Transcend provides a data privacy platform. It develops an end-to-end solution for handling requests to access, erase, update, and transfer personal data and gives users more control over data by making it easier for them to see how applications are using personal data and downloading it. The company was founded in 2017 and is based in San Francisco, California.
BigID offers risk management, customer data privacy, and data intelligence solutions. It allows organizations to find, classify, and catalog sensitive data from the cloud to data centers. It provides solutions such as data lifecycle management, data minimization, data discovery and classification, privacy automation, and more. It provides its services to the healthcare, federal, retail, airline, and automotive industries. The company was founded in 2016 and is based in New York, New York.