Accel Partners lead series B investment round for Privitar Limited

Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Client nameAccel Partners Management LLP

BDO advised Accel Partners on their lead investment as part of Privitar's Series B fund raise.

Privitar, the data privacy software company, closed a $40 million Series B funding round led by global venture capital firm Accel. 

Privitar will use the investment to accelerate the development of its privacy engineering products, providing a comprehensive set of capabilities that will enable its customers to publish and share valuable data-driven insights in an efficient, trustworthy, and compliant way. Its customers include some of the world’s best-known brands, such as HSBC, the UK’s National Health Service (NHS Digital) and BT.

"We were very pleased to once again work alongside Accel and support their investment into what appears to be a great business with an exciting future."

Mark Jones, Associate Director, BDO