Ethyca, a New York-based global data privacy solution provider, raised $13.5m in Series A funding.
The round, which brought total funding to $20m, was led by IA Ventures with participation from Affirm and PayPal cofounder Max Levchin’s SciFi VC, CAA cofounder Michael Ovitz, Warby Parker cofounders Neil Blumenthal and Dave Gilboa, Harry’s cofounder Jeff Raider, Allbird’s cofounder Joey Zwillinge, Behance cofounder Scott Belsky, former Chief Data Scientist of the US Office of Science and Technology Policy DJ Patil, Lachy Groom, as well as Abstract Ventures. In conjunction with the funding, Roger Ehrenberg joined Ethyca’s Board of Directors.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2018 by Cillian Kieran and Miguel Burger-Calderon, Ethyca is an infrastructure platform that provides developers and product teams with the ability to ensure consumer data privacy throughout applications and services design. Its premium product, Ethyca Pro+, is now being used by major consumer-driven brands like Away, Parachute Home and Aspire IQ.
FinSMEs
11/06/2020