Zendata's platform includes a Repository Scanner that monitors data risks across an organization’s GitHub repositories and webhooks, and a Privacy Policy Analysis tool that uses Legal NLP to identify the types of information collected and the reasons for collection. The company's no-code approach offers rapid implementation, democratized access, continuous compliance, scalability, and centralized control. The seed funding will be used to develop the platform’s remediation capabilities and build integrations with Governance, Risk and Compliance (GRC) solutions and existing platforms.
Key takeaways:
- San Francisco-based startup, Zendata, has emerged from stealth mode with a $2 million seed funding round led by PayPal Ventures, First-hand Alliance, Geek Ventures, and Altari Ventures. The company aims to revolutionize data security, AI governance, and privacy management.
- Zendata’s no-code platform provides comprehensive insights and control over data usage, enabling businesses to make informed decisions and remain compliant with evolving data privacy and AI governance regulations.
- The platform’s controls protect sensitive data and mitigate risks by helping organizations understand if they are oversharing information with third parties, validating data used to build models, and ensuring data is transmitted and logged to secure, approved locations.
- With the seed funding, Zendata aims to develop the platform’s remediation capabilities and build integrations with Governance, Risk and Compliance (GRC) solutions and existing platforms. The company's long-term vision is to enable transparent and equitable collection and use of consumer data.