TrustArc

TrustArc Inc. started in 1997 as TRUSTe, a non-profit organization that provides privacy certifications for websites, mobile apps, and the cloud. In 2008, the company converted into a for-profit entity, raising capital from Accel Partners. The company started providing privacy management tools in 2010. Almost a decade later, capability was added to the platform to simplify compliance management with GDPR, CCPA, and other regulations. The company acquired Nymity Inc. in 2019. Nymity offered privacy compliance solutions in Canada and the EU. Through this acquisition, TrustArc expects to increase its global footprint by 50%.

The company’s platform uses machine learning techniques to automate and manage all phases of privacy compliance, including data discovery, identification of compliance gaps, third-party risk management, carrying out data protection impact assessments, automating consent, data subject rights management, and reporting. The company serviced more than 1,000 clients as of 2019. The company also provides consultancy services, training, and TRUSTe privacy certifications.