Privitar attributes its 3,431 percent revenue growth to the increasing importance of data privacy in fueling innovation.
LONDON, 11TH November —Privitar, whose software enables customers worldwide to safely and efficiently extract maximum value from their sensitive data without compromising data privacy, today announced that it ranked 9th in the 2019 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Privitar grew 3,431 percent during this period.
Privitar CEO Jason du Preez credits the rapid expansion and increased significance of the data privacy market with the company’s growth and momentum over the past four years.
With Privitar’s powerful data privacy software, businesses can safely use data to gain valuable insights that support data-driven decisions, helping companies extract the maximum value from the data they collect, manage and use. Privitar enables businesses to minimize data privacy risk and achieve regulatory compliance while freeing them to leverage advanced analytics - empowering them to create better products, services and customer experiences.
“We’re honoured to receive this significant accolade as the one of the fastest growing technology companies in the UK. This award illustrates the commitment of our employees, the tremendous growth in the data privacy market, and the confidence the industry has in Privitar to deliver outstanding results for its customers,” said Jason du Preez, CEO of Privitar.
“As organizations rely more and more on data to drive their businesses, the data privacy market will only increase in prevalence and importance to organisations, in the UK, as well as globally. To support this need Privitar is committed to continuing to provide innovative data privacy and sensitive data management solutions.”
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The Deloitte UK Technology Fast 50 is internationally revered as one of the most important business awards in the industry. “
Promoting the safe and ethical use of data across the globe, Privitar will host its third In:Confidence community event in New York later this month – followed by In:Confidence London in April 2020 – where the data privacy technology community comes together to hear from experts across industry and academia and engage in active discussion and debate on key topics.
Privitar software enables customers worldwide to safely and efficiently extract maximum value from their sensitive data without compromising data privacy.
Established in 2014, Privitar is headquartered in London and has offices in New York, Boston, Paris, Munich and Singapore.
Privitar raised $40m in a Series B funding round led by Accel in June 2019. Privitar also raised $16m in a Series A funding round in July 2017, with support from existing investors IQ Capital, 24 Haymarket and Illuminate Financial and new funding from Partech, CME Ventures and Salesforce Ventures.
About the Deloitte UK Technology Fast 50
The Deloitte UK Technology Fast 50 is one of the UK’s foremost technology award programmes. Now in its 22nd year, it is a ranking of the country’s 50 fastest-growing technology companies, based on revenue growth over the last four years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. The UK Technology Fast 50 is part of an international programme run by Deloitte and qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.
For more information visit www.fast50.co.uk