OneTrust Raises $150M From Al Gore's Firm Following Layoffs
Data Breach Today
JULY 24, 2023
Vendor Cuts Valuation by $800M to Get Funding From Generation Investment Management OneTrust hauled in $150 million a year after laying off 950 employees but had to slash its valuation by $800 million to seal the deal. The Atlanta-based company intends to use the proceeds to accelerate its growth and fulfill customer demand for trust intelligence software.
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