Baird Capital Invests in Osano
Baird Capital’s Venture team today announced it led a $25 million Series B funding round in Austin-based Osano, a leader in data privacy management software. With this funding, Osano aims to continue to build its team to deliver on the company’s mission and goal of simplifying privacy compliance and becoming the leading Data Privacy platform.
“When Baird Capital evaluates organizations to see if they’re a good fit for our portfolio, it’s critical that the company’s leadership have a clear vision and goal in mind,” said Mark Donnelly, Partner at Baird Capital. “Arlo [Gilbert] and the Osano team epitomize this mindset, and we quickly knew this relationship would be a good fit. Since inception the company has remained entirely focused on building an enterprise data privacy platform to automate and ensure compliance in a rapidly changing regulatory environment. I look forward to watching Osano grow and continue to contribute to this fast-growing sector.”
Osano will also use the Series B capital to expand its engineering resources to further innovate in the data privacy space. Its sales and marketing teams will also be a key focus as Osano looks to expand its footprint across the enterprise market.