Data privacy startup WireWheel secures $3.1M seed round - Technical.ly DC

Business

Nov. 21, 2017 11:54 am

Data privacy startup WireWheel secures $3.1M seed round

NEA, Steve Case and the firm of former U.S. Commerce Secretary Penny Pritzker are among investors in the Arlington, Va. company.

(L-R) WireWheel.io cofounders: Amol Deshpande, Justin Antonipillai and Chris Getner.

(Courtesy photo)

Arlington, Va.–based WireWheel.io has secured $3.1 million in seed financing, which the company predicts will usher in a generation of tools to address the federal mandates around data privacy. WireWheel.io is planning an expansion, and is hiring.

The company, a cloud-based privacy and protection platform, was founded last year and uses machine learning and data science to meet emerging U.S. and international data privacy and compliance requirements. It was founded by Justin Antonipillai, the former Acting Under Secretary for Economic Affairs at the US Department of Commerce. He also led the U.S. negotiating team’s efforts to create the E.U.-U.S. Privacy Shield from 2013-2016. 

“Today, enterprises lack an automated, scalable solution to help them find, classify and better use the data they have collected from their customers,” Antonipillai said in a statement. “Our core product is designed to empower privacy professionals to quickly find and inventory data and visually map out business processes, including with third-party vendors, using a really intuitive interface.”

The funding was led by PSP Growth and New Enterprise Associates, with participation from former AOL CEO Steve Case and entrepreneur Sean Glass.

“Now, more than ever, it is imperative that companies and governments build trust and show that they are taking care of their customer’s personal data,” said Penny Pritzker, former Secretary of the U.S. Commerce Department and founder and Chairman of PSP Capital, in a statement. “WireWheel.io’s data privacy and protection platform is well-positioned to be an industry game changer and reshape how companies protect their customer’s data.”

Advertisement

-30-
LEAVE A COMMENT

Advertisement

What’s the future of moving?

Insightin Health raises $2M to help health insurers use data

This DC startup is helping seniors tell their life stories

SPONSORED

DC

VR is cool, but it isn’t mainstream. This local company has a fix for that

Washington DC

Nava

Product Manager (DC, NY)

Apply Now
Baltimore or remote

Fastspot

Back-end Web Developer

Apply Now
Philadelphia, PA

160over90

Digital Creative Director

Apply Now

Uplift wants to ‘rewrite the script’ on what it means to be a working mom

Lookingglass acquires Goldman Sachs’ in-house cybersecurity platform

Gallaudet University and Village Capital helped startups get investor-ready

SPONSORED

DC

These DC-based founders drop some serious knowledge in our Tomorrow Toolkit ebook

WASHINGTON, DC

Nava

Program Manager (DC)

Apply Now
WASHINGTON, DC

Nava

Designer / Frontend Engineer (DC, SF, NYC)

Apply Now
Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now

Sign-up for regular updates from Technical.ly

Do NOT follow this link or you will be banned from the site!