Irish data privacy firm Dataships closes $7 million Series A

This post was originally published on Finextra (Security)

Dataships, an Irish data privacy software and services company which specialises in automating GDPR and CCPA (California Consumer Privacy Act) compliance for eCommerce clients, today announced that it has closed a $7 million (€6.8 million) Series A funding round.

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Led by Osage Ventures Partners, with participation from Lavrock Ventures and the Urban Innovation Fund, the funding will accelerate the company’s mission to help merchants dramatically grow their marketing lists, and drive revenue growth, while maintaining complete data privacy compliance.

Dataships, founded in 2019 by Michael Storan and Ryan McErlane, is co-located at NexusUCD in Dublin and in San Francisco, California, and currently employs 25 people.

The eCommerce landscape has fundamentally shifted. Rising customer acquisition costs, privacy regulations, and sky-high expectations on personalization and communication have merchants searching for sustainable ways to grow. Dataships was founded as a compliance tech company, but the team quickly realised that smarter compliance management is a massively untapped lever for growth.

Ryan McErlane, co-founder and co-CEO, Dataships said, “Most eCommerce brands follow a familiar playbook, drive traffic, offer discounts for email sign-ups, maybe test a traffic de-anonymizer, hope

Read the rest of this post, which was originally published on Finextra (Security).

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