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Synthetic Data Company Tonic Raises $8M Series A from GGV Capital

Tonic is pioneering data de-identification, subsetting, and synthesis to get developers the data they need, without breaching privacy. GGV Capital led the $8 million Series A investment round, with participation from Bloomberg Beta, Xfund, Heavybit, and Silicon Valley CISO Investments. In 2020, Tonic tripled its team and increased its revenue by over 600%, counting 30 customers in industries as wide-ranging as healthcare, financial services, edtech, logistics, and e-commerce.”]

Source: https://www.darkreading.com/advanced-threats/synthetic-data-company-tonic-raises-8m-series-a-from-ggv-capital

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