- eXate, a London, UK-based data software company, raised £2.3m in seed funding
- The round was led by Outward VC, with participation from ING Ventures and Triple Point Ventures
- The company intends to use the funds to grow its team, accelerate platform development and expand into new geographies and verticals
- eXate is democratising data privacy for organisations by providing an embedded platform that automates the technical enforcement of data policies
- eXate combines and coordinates multiple privacy-enhancing technologies within a single platform, connected to built-in governance and controls
- The company already has blue-chip clients across banking and asset management, including incoming investors ING