San Francisco-based compliance and privacy company TrustArc has secured $70 million in Series D funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced July 10 and led by Bregal Sagemount.
According to its Crunchbase profile: "TrustArc, the leader in privacy compliance and data protection for over two decades, offers an unmatched combination of innovative technology, expert consulting and TRUSTe certification solutions, that together address all phases of privacy program management. The TrustArc Platform, fortified over seven years of operating experience, across a wide range of industries and client use cases, along with our extensive services, leverage deep privacy expertise and proven methodologies, which have been continuously enhanced through thousands of customer engagements."
The 23-year-old company raised three previous funding rounds, including a $15 million Series C round in 2012.
The round brings total funding raised by San Francisco companies in privacy and security over the past month to $243 million, an increase of $210 million from the month before. The local privacy and security industry has seen 73 funding rounds over the past year, raking in a total of $1.3 billion in venture funding.
In other local funding news, cryptocurrency company Anchorage announced a $40 million Series B funding round on July 10, led by Blockchain Capital.
According to Crunchbase, "Anchorage is the first crypto-native digital asset custodian for institutional investors. Anchorage is engineered to help institutions better safeguard their investments while getting more out of their assets, and offer services that investors expect from a traditional custodian. It uses modern security engineering to help institutions safeguard their investments while getting more out of their assets."
The company also raised a $17 million Series A round earlier this year.
Meanwhile, document management company GetAccept raised $7 million in Series A funding, announced on July 11. The round's investors were led by DN Capital.
From the company's Crunchbase profile, "GetAccept is the solution you need to reach the full potential of sales process. They are reinventing the Document and eSigning Workflow through intelligent automation, personalized recipient engagement, and the easiest digital signature on the market. GetAccept helps you create and send documents that stand out against competition."
GetAccept last raised $1.6 million in seed funding in 2017.
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