ComplyCloud, a Copenhagen-based cloud-based GDPR platform with a mission to make it easy for companies to comply with the GDPR, announced that it has raised €4.5 million in a fresh round of funding from Seed Capital.
The raised capital will help the company to scale its business beyond Denmark, further refine its technology, and expand its workforce.
Company: ComplyCloud ApS.
Raised: €4.5M
Round: unknown
Funding Month: January 2022
Lead Investors: Seed Capital
Additional Investors:
Company Website: https://www.complycloud.com/
Software Category: GDPR platform
About the Company: Founded in 2017 by Martin Folke Vasehus, ComplyCloud is a cloud-based GDPR platform with a mission to make it easy for companies to comply with the GDPR. With a team of lawyers, specialized in GDPR compliance, and software experts, ComplyCloud provides a simple online solution for GDPR by reducing the administrative and legal burden that accompanies the obligation for staying GDPR-compliant. ComplyCloud has built a lawyer out of algorithms. Its digital lawyer makes it easy for companies to comply with complex legal requirements and to manage their administrative burden. In simple terms, it allows companies to put complicated rules within areas such as data protection and GDPR entirely on autopilot.
Source: https://siliconcanals.com/crowdfunding/complycloud-raises-4-5m/