A data privacy and governance software provider
With the steady stream of high-proﬁle corporate data breaches, and illicit monetisation of personal data, consumers are increasingly concerned how their personal information is being captured, shared, stored and deleted.
The strengthening of global data privacy regulations, such as Europe’s GDPR and the California Consumer Privacy Act (CCPA) in the US, reﬂects this shift. After extensive reviews of the vendor landscape by Mobeus, ActiveNav stood out as a clear leader with strong product innovation, an experienced management team and an impressive list of customers.
Mobeus led a £8 million funding round. This investment followed a period of strong growth, with ActiveNav adding some of the world’s best-known brands such as BAE Systems, the United States Marine Corps and Voya Financial to its customer portfolio.
ActiveNav is accelerating the development of its new privacy-oriented SaaS product, scaling operations and continuing to expand internationally. Active also plans to increase headcount and expand its network of technology and services partners to cement its position as a frontrunner in the rapidly growing data privacy market.
“There is a pressing need for companies to prioritise data privacy. This investment will advance product development so we can scale rapidly to support our customers’ data mapping, data minimisation and regulatory compliance.”
Peter Baumann, Active Navigation's CEO