9.4 C
London
Thursday, March 28, 2024
HomeFinTechUsercentrics: Raises €17M in Series B Funding

Usercentrics: Raises €17M in Series B Funding

Date:

  • Usercentrics, a Munich, Germany-based provider of user consent management solutions, raised €17m in Series B funding
  • The round was led by Full In Partners with participation from existing investors Alstin Capital, Reimann Investors, and Cavalry Ventures
  • The company intends to use the funds to develop a footprint in the Americas and expand go-to-market activities
  • Usercentrics provides a SaaS-based Consent Management Platform (CMP) solution that enables companies to collect, manage, and document user consent
  • The solution ensures alignment between marketing, data strategy, and international data protection regulations such as GDPR and CCPA
  • Over the past year, the company has quadrupled annual recurring revenue, grown headcount to almost 100 employees

Related stories

BNY Mellon deploys AI supercomputer from Nvidia

BNY Mellon, a US-based banking heavyweight, has deployed...

Colombian BNPL firm Addi lands $86m in equity and debt funding

Colombian buy now, pay later (BNPL) firm Addi...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img