PXR has advised heyData on its successful USD 16.5 million Series A financing round.

heyData is a technology-driven provider of data protection and compliance solutions, supporting companies of all sizes in meeting regulatory requirements, in particular in the area of GDPR compliance. Through its platform, heyData combines legal expertise with scalable software solutions, enabling clients to efficiently manage data protection processes and compliance obligations.

The financing will support heyData’s continued growth and the further development of its product offering. The transaction will allow the company to scale its operations, expand its technology platform and accelerate its international expansion.

PXR advised on all material legal aspects of the transaction.

The PXR team advising on the transaction consisted of Daniel Grisar, Maja Brand and Balázs Seregély.