What is WireWheel?
WireWheel, recently acquired by Osano, offers a comprehensive suite of compliance-ready privacy solutions designed for diverse industries. The platform facilitates the management of consumer choices, preferences, and consents, alongside tools for automating Data Subject Access Requests (DSARs) and streamlining privacy operations. WireWheel also equips businesses with a website privacy scanner to rapidly assess potential privacy risks, providing critical insights into user data sharing and tracking practices. These services are crucial for privacy professionals and marketing leaders aiming to enhance ethical marketing strategies and ensure regulatory compliance.
How much funding has WireWheel raised?
WireWheel has raised a total of $30.4M across 3 funding rounds:
Series A
$10M
Debt
$350K
Series B
$20M
Series A (2018): $10M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Series B (2023): $20M supported by Sands Capital, Forgepoint Capital, and PSP Growth
Key Investors in WireWheel
Sands Capital
Sands Capital, established in 1992, is an investment firm based in Arlington, Virginia, known for managing equity mutual funds and investing in public equity markets.
Forgepoint Capital
ForgePoint Capital is a venture fund specializing in cybersecurity, investing in early and growth-stage companies that protect the digital world, leveraging extensive industry expertise and a broad network.
PSP Growth
PSP Growth is an investment entity that participates in funding rounds, contributing capital to companies seeking to scale their operations and market reach.
What's next for WireWheel?
With this latest major strategic investment, WireWheel is poised to accelerate its product development and market expansion. The company's focus on privacy compliance and ethical marketing aligns with growing global regulatory pressures and consumer awareness. Future endeavors will likely involve enhancing its DSAR automation capabilities and expanding its suite of privacy risk assessment tools. The backing from prominent investors suggests a strategic focus on scaling operations and solidifying its position in the competitive privacy technology landscape.
See full WireWheel company page
