DataMasque Raises US$4M in Pre-Series A

DataMasque, a New Zealand-founded software company specializing in data de-identification and synthetic data for AI, has raised US$4 million to capitalize on growing enterprise demand. The funding follows a period of rapid growth for the company, which has seen its annual recurring revenue increase sixfold since late 2023.

Investors

The round was led by Wavemaker Partners, with participation from existing backers OIF Ventures and Icehouse Ventures.

DataMasque Use of Funds

DataMasque plans to use the new capital to scale its global operations, support product development, and expand the reach of its synthetic data platform to meet the needs of enterprises across the banking, government, and telecommunications sectors.

About DataMasque

Founded in New Zealand, DataMasque provides a data de-identification and synthetic data platform designed to help organizations safely utilize sensitive information such as customer records and call transcripts for AI development. Its product ensures that sensitive data never leaves an organization's infrastructure, allowing companies to train AI models without compromising privacy or compliance.

Funding Details

Company Website: https://datamasque.com

Company: DataMasque
Raised: US$4M
Round: Pre-Series A
Funding Date: June 2, 2026
Lead Investor: Wavemaker Partners
Additional Investors: OIF Ventures, Icehouse Ventures
Software Category: Artificial Intelligence, Data Security
Source: https://www.reseller.co.nz/article/4179630/datamasque-secures-us4m-as-enterprise-ai-demand-lifts-growth.html