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How did Atlanta become a top breeding ground for billion-dollar startups in the Southeast? – TechCrunch

How did Atlanta become a top breeding ground for billion-dollar startups in the Southeast? Over the past five years, the Southeastern region, led by Atlanta, has gone from being “one of the best kept secrets” in tech, to a vibrant ecosystem teeming with a herd of the billion dollar tech businesses that are referred to in the investment world as “unicorns” (thanks to their supposed rarity). In those five years venture capital investments surged to $2.1 billion in the region, with $1 billion invested in the last year alone, according to Lisa Calhoun, a partner with the Atlanta based investment firm, Valor Ventures.

Privacy Post-COVID: Predictions for 2021 - Infosecurity Magazine

Here’s what you need to know about privacy in 2021, post-COVID. The Privacy Market Struggles to Innovate For more evidence that the industry is falling behind, look at the leading companies. OneTrust earlier this year raised $210 million in VC funding, just seven months after raising $200 million. To finish 2020, OneTrust raised $300 million more, giving them $700 million to hire the best and tackle their grandest ideas. And how does OneTrust plan to use this money? To buy other companies. In February chairman Alan Dabbiere told Crunchbase, who was baffled why OneTrust would raise so much more than it could effectively deploy: “We want to move fast on any organic and inorganic growth opportunities we may see in the market.”

OneTrust nabs $300M Series C on $5 1B valuation to expand privacy platform – TechCrunch

OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform OneTrust, the four-year-old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMmare for $1.5 billion in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today. The company has attracted considerable attention from investors in a remarkably short time. It came out of the box with a $200 million Series A on a $1.3 billion valuation in July 2019. Those are not typical A round numbers, but this has never been a typical startup. The Series B was more of the same $210 million on a $2.7 billion valuation this past February.

OneTrust nabs $300M Series C on $5 1B valuation to expand privacy platform

OneTrust nabs $300M Series C on $5 1B valuation to expand privacy platform
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