Didomi, a French tech startup specializing in atozmp3 data privacy and consent management, has raised $40 million in a Series B funding round led by Elephant Partners, with participation from Breega, Bpifrance, and Edenred Capital Partners. The company aims to use the funds to expand its international presence and enhance its product offerings.
The need for data privacy and consent toonily management solutions has grown in recent years, as businesses strive to comply with privacy regulations and build trust with their customers. Didomi offers a platform that allows businesses to manage user consent and preferences across channels, including websites, mobile apps, and email. The platform also provides tools for data subject access requests and data breach notifications, helping businesses to stay compliant with regulations like GDPR and CCPA.
Didomi was founded in 2017 by Romain masstamilanfree Gauthier, Antoine Jouteau, and Jean-François Bernardini, who had previously worked together at French online advertising firm Criteo. The company has since grown to over 100 employees, with offices in Paris, London, and New York. Its clients include a range of global businesses across industries, such as L’Oréal, Rakuten, and Nissan.
According to Gauthier, the funding will enable Didomi to expand its international reach and support its clients’ needs in different markets. The company plans to hire new employees across its offices and invest in product development, particularly in the areas of user identity and data management.
Didomi has already achieved significant growth since its founding, with its platform now serving over 2 billion users worldwide. The company has also been recognized for its innovative solutions, winning the Best GDPR Solution award at the 2021 Martech Awards.
The Series B funding round marks a masstamilan significant milestone for Didomi and highlights the growing demand for privacy and consent management solutions in today’s digital landscape. With the increasing focus on data privacy and protection, businesses must prioritize building trust with their customers by providing transparent and secure data management practices. Didomi’s platform enables businesses to do just that, and the new funding will help the company continue to innovate and expand its offerings.
In addition to its core platform, Didomi has also launched several other products to support businesses’ privacy and consent management needs. These include Didomi Tracker, which provides website owners with analytics on their users’ consent choices, and Didomi Scan, a tool that scans websites for privacy and cookie compliance. The company’s innovative solutions have already helped numerous businesses to streamline their data management practices and ensure compliance with privacy regulations.
As the importance of data privacy and consent justprintcard management continues to grow, businesses must take a proactive approach to protect their customers’ data and build trust. Didomi’s platform offers a comprehensive solution for businesses of all sizes, enabling them to manage user consent and preferences across channels and stay compliant with privacy regulations. With its new funding and continued innovation, Didomi is well-positioned to support businesses in achieving their privacy and data management goals.