On May 29, 2024, an artificial intelligence (AI) governance and data privacy solutions startup headquartered in San Francisco, USA,Zendataannounced it has raised $2 million in seed funding. Investors in this round include PayPal Ventures, First-hand Alliance, Geek Ventures, and Altari Ventures.
The company plans to use the raised funds primarily to develop the Zendata platform and expand its customer base to meet the growing needs of organizations worldwide in the current complex AI and data governance landscape.
Zendata was founded in 2021 by Narayana Pappu and Pedro Pinango. The founding team is composed of industry veterans with decades of experience working on AI and data platforms at multiple Fortune 100 companies, including PayPal. Zendata's no-code platform provides comprehensive data usage insights and control, aiming to redefine how organizations of all sizes easily integrate data security, AI governance, and privacy solutions throughout the data lifecycle, enabling organizations to make informed decisions and maintain compliance with evolving data privacy and AI governance regulations.
(Source:PR Newswire）