As the demand for compliance and security soars, DataGuard raises $61 million


    While digital transformation and the rise of cloud computing have produced vast amounts of data. Meanwhile, the EU has spearheaded a global push for stronger data protection and data enforcement, and slapped billions in fines. Big tech companies have come under scrutiny for their mismanagement of personal data. Cyber ​​attacks have escalated in the wake of global conflicts, and many companies and governments have fallen victim to hacks and data breaches.

    The data protection, information security and compliance platform DataGuard from Munich helps SMEs and companies to find their way in this reality and has raised 61 million euros in funding. The Series B round was led by San Francisco-based Morgan Stanley Expansion Capital and existing investor One Peak. The round was also supported by strategic angel investors such as SaaS Unicorn founders Bastian Nominacher (co-founder and co-CEO of Celonis), Hanno Renner (co-founder and CEO of Personio) and Carsten Thoma (co-founder of Hybris). and Creo…

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