DPOrganizer raises risk capital for expansion.
DPOrganizer, a Stockholm, Sweden-based SAAS startup raised a fresh round of equity investment. The amount remains undisclosed, though it is said to be more than SEK 10M ($1.2M), and the backers include local investment firms Inbox Capital and Soläng Invest.
DPOrganizer, founded in 2015 by Andreas Yannelos, Sebastian Norling and Egil Bergenlind, provides a SAAS solution that creates a comprehensive, detailed and updated mapping of an organization’s processing of personal data. The tool, launched in the spring of 2016, allows the easy distribution of the data to the entire organisation and external parties, as well as ensuring compliance with current laws and regulations.
In the summer of 2016, DPOrganizer was accepted in STING's Accelerator program and received as such a 33k investment from Propel Capital.