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Data privacy solution Privy completes $18 million in Series A financing, led by Paradigm
2023-11-21 13:47
Odaily News According to Fortune magazine, data privacy solution Privy completed an $18 million Series A round of financing, led by Paradigm and participated by Sequoia Capital and others. Privy also announced on Tuesday that Huang, a former Sequoia Capital partner and Stripe board member, will join Privys board of directors. According to previous news, data privacy solution Privy announced the completion of a US$8.3 million seed round of financing, led by Sequoia Capital and Blue Yard Capital, with participation from Electric Capital, Archetype, BoxGroup and Protocol Labs. Privy aims to solve the contradiction between poor multi-wallet user experience and the privacy risk leakage of integrated login through Web3 solutions. This round of financing will be used to build the team and continue to create use cases that meet customer needs.