NEW YORK & SAN FRANCISCO–(BUSINESS WIRE)–Sep 1, 2020–
This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20200901005191/en/
Accenture Ventures invests in InCountry (Graphic: Enterprise Wire)
As enterprises proceed to maneuver massive workloads to the cloud, more and more stringent information safety laws make dealing with information appropriately—for every jurisdiction by which they retailer, course of and share info—a important problem. InCountry’s information residency-as-a-service platform permits enterprises and software-as-a-service corporations to make sure their firm and buyer information is utilized in compliance with the info residency laws of 90+ international locations.
“With quickly rising and evolving information safety laws, information sovereignty has grow to be an pressing crucial for our enterprise purchasers,” stated David Deal with, senior managing director and lead of Accenture’s Expertise Incubation group and Blockchain observe. “InCountry gives a very international information compliance answer that we consider addresses a burning want for companies, offering a greater safety and compliance posture and eradicating obstacles for pushing additional into the cloud to outmaneuver uncertainty.”
Peter Yared, CEO and founding father of InCountry, stated, “InCountry’s platform empowers organizations to adjust to native information laws and unlock international growth – capabilities which are wanted now greater than ever. This funding not solely helps our mission to allow international information compliance for worldwide companies by serving to us additional develop our platform, however Accenture Ventures additionally gives us with worthwhile connections throughout the ecosystem.”
Accenture plans to leverage the InCountry answer inside its myNav cloud platform, as a part of its sovereign cloud module.
Tom Lounibos, managing director, Accenture Ventures, added, “Our funding in InCountry aligns immediately with Accenture Ventures’ mission to find and develop the subsequent technology of rising applied sciences. InCountry’s answer sits on the intersection of the cloud, safety and compliance priorities of our purchasers and may have a big impression on how they function within the cloud.”
InCountry is the newest addition to the funding portfolio of Accenture Ventures, which invests in corporations that create or apply disruptive expertise improvements that speed up enterprise worth for Accenture purchasers world-wide.
Phrases of the fairness funding weren’t disclosed.
Accenture is a number one international skilled companies firm, offering a broad vary of companies in technique and consulting, interactive, expertise and operations, with digital capabilities throughout all of those companies. We mix unmatched expertise and specialised capabilities throughout greater than 40 industries — powered by the world’s largest community of Superior Expertise and Clever Operations facilities. With 513,000 folks serving purchasers in additional than 120 international locations, Accenture brings steady innovation to assist purchasers enhance their efficiency and create lasting worth throughout their enterprises. Go to us at www.accenture.com.
InCountry is a supplier of options serving to corporations undertake SaaS merchandise with international information residency and compliance. The corporate helps multinational corporations scale amidst an period the place international information laws are altering consistently and unpredictably. InCountry is backed by Caffeinated Capital, Felicis Ventures, Arbor Ventures, Ridge Ventures, Bloomberg Beta, Charles River Ventures, International Founders Capital, Parade Ventures, Mubadala Ventures, Accenture Ventures and MState. The corporate is headquartered in San Francisco, CA with places of work in Singapore, Sydney, Minsk and Abu Dhabi. To study extra, visit www.incountry.com.
Copyright © 2020 Accenture. All rights reserved. Accenture and its emblem are emblems of Accenture
View supply model on businesswire.com:https://www.businesswire.com/news/home/20200901005191/en/
CONTACT: Hannah Unkefer
+1 206 839 2172
[email protected] Abbassi
VSC for InCountry
+1 562 412 2038
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK
INDUSTRY KEYWORD: NETWORKS SECURITY DATA MANAGEMENT TECHNOLOGY SOFTWARE
Copyright Enterprise Wire 2020.
PUB: 09/01/2020 10:59 AM/DISC: 09/01/2020 10:59 AM
Copyright Enterprise Wire 2020.