kindrik partners advises privacy platform borneo on US$15.5m series A round



We’re pleased to have advised Borneo, a Singapore-based data security platform, on their recent US$15.5m Series A round. The round was led by Vulcan Capital and existing investor Wavemaker Partners. Other participants in the round include Prosus Ventures and Lytical Ventures.

Borneo provides a suite of tools to identify sensitive and high-risk personal information through machine learning and APIs. These solutions integrate with existing tools and workflows and are targeted at technology firms that want to strengthen their privacy compliance.

The company was founded in 2020 by former Facebook and Uber exec Prithvi Rai. His elite team has tackled and solved privacy challenges at the likes of Facebook, Dropbox, Uber, and Yahoo!. The startup intends to use the funds to invest in its platform and to meet its rapidly growing customer demand.

Prithvi Rai, CEO & Founder of Borneo says, “Borneo is fast becoming the guardrails for the new data economy. We can prevent data leaks and privacy violations that can result in multi-million dollar fines and erode end-user trust.”

Chris Wilson, Partner at Kindrik Partners says, “It is always exciting to working with a accomplished founder like Prithvi, especially in an area like personal privacy which is of such critical importance to modern businesses.”

Read our other recent deal announcements here.

explore our other blog posts

Kindrik Partners advises SwipeRx on US$27 million series B funding

Kindrik Partners is pleased to have advised digital B2B pharmacy platform SwipeRx on its US$27 million series B funding round led by MDI Ventures. Other investors in the round included the Bill & Melinda Gates Foundation, Johnson & Johnson Impact Ventures and Susquehanna International Group (SIG). SwipeRx, formerly known as…

Kindrik Partners advises on GrowSari US$77.5M series C financing

Kindrik Partners is delighted to have advised Filipino e-commerce platform GrowSari on its US$77.5 million series C financing. Investors in this round include the International Finance Corporation, KKR, Wavemaker Partners and the Temasek Group’s Pavilion Capital. Founded in 2016, GrowSari is a B2B platform that provides support for micro, small,…

kindrik newsletter