The Cyber Security Week’s Dragons Den has led to a successful investment in PrivacyPerfect, one of the innovative start-ups that pitched their ideas for funding. The start-up has received funding through a management buy-in by Evert de Pender, who has joined the company as CEO.
PrivacyPerfect is the world’s first data mapping and governance tool specifically aimed at privacy and personal data protection. It helps users to keep track of how personal data is collected, stored, used and shared within their organisation and makes sure an organisation is compliant with the data protection legislation and it stimulates user trust.
Johan Stins, Senior Investment Manager of InnovationQuarter, points out: "The Investor Match during the Cyber Security Week in April 2015 was a great opportunity to offer a young promising company like PrivacyPerfect a chance to pitch and connect with relevant investors from our network. Together with NextStage and BarentsKrans, we brought together 30 national and international investors in a 'Dragons Den', where six businesses pitched their innovations."
"Capital is necessary to develop innovative ideas into working systems and products, that leads to economic growth. That is why it’s important to create ‘Access to Capital’ within the national security cluster”, according to Joris den Bruinen, deputy director HSD. "This Dragons Den is a perfect example of how this can be achieved."
Read the PrivacyPerfect official press release (in Dutch)