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CloudScale Capital Partners Completes Investment in Bermuda and London-Based Trunomi


CloudScale Capital Partners, LLC today announced that it participated in
a $3.5 million round of financing in Trunomi, leading provider of
customer consent and data rights and privacy software solutions.
Trunomi, which is based in Bermuda and London, will use the financing to
help manage the rapid increase in demand for its technologies and to
continue its global expansion.

"Customer data rights and privacy are quickly becoming major issues of
concern for companies, especially financial institutions, due to new
regulations such as EU GDPR, U.K. Open Banking and marketing
opportunities," said Kim Perdikou, CloudScale Partner. "Trunomi enables
businesses to comply with these new regulations by demonstrating
compliance and accountability in customer data use and immutably proving
the legal basis of processing. With Trunomi, businesses can empower
their customers with control and transparency in how their data is used
and turn regulation from a burden into a competitive advantage."

"We are thrilled that CloudScale Capital Partners are part of this
financing," said Stuart Lacey, Trunomi's CEO. "CloudScale brings
significant strength to our investor base, and its partners bring with
them a wealth of industry connections with the largest players in the
global customer and data markets."

About CloudScale Capital Partners

CloudScale Capital Partners, LLC, is a Silicon Valley-based, global
Venture Capital firm that invests in early-growth stage opportunities in
Cloud Computing and the Internet of Things (IoT). It backs disruptive
companies solving the problems associated with mass scale. Its portfolio
Companies include Wasabi, Callsign, Mars Reel Media and Trunomi. More
information is at

About Trunomi

Trunomi unlocks the power of customer data using consent and data
rights. Trunomi provides customer consent and data rights management
technology which enables businesses to request, receive, capture and
prove the legal basis for processing customers data. Trunomi enables
businesses to comply with EU GDPR & ePrivacy Regulation, global data
privacy laws, automate compliance and replace inefficient and costly
legacy approaches. Their patented platform is an enabler of the evolving
personal information economy and provides key enabling technologies for
a more flexible, transparent, empowered and customer-driven world.

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