Baker Botts Represents CitizenMe in the $2m Investment Led By North East Venture Fund
Release
Deal Description: On October 26, 2021, CitizenMe Limited (CitizenMe) announced it had secured $2m in funding led by the North East Venture Fund (NEVF) alongside funds from 1818 Capital and private investors.
CitizenMe provides an ethical alternative to the ad tracking techniques used by big tech companies such as Facebook and Google. This investment will fund CitizenMe’s mission to “fix the internet” and become a global leader in a new category called Zero-Party-Data, which allows consumers to take control of their data, and choose what data to share with companies, in exchange for fair and immediate payment. The investment will also be used to enhance CitizenMe’s edge computing AI capabilities, and grow its presence in the US and UK markets.
Baker Botts represented CitizenMe.
Baker Botts Lawyers/Office Involved:
Corporate: David Ramm (Partner, London); Sonia Namutebi (Associate, London), Zita Chan (Associate, London).
For more information, please see CitizenMe’s news release by clicking here.
CitizenMe provides an ethical alternative to the ad tracking techniques used by big tech companies such as Facebook and Google. This investment will fund CitizenMe’s mission to “fix the internet” and become a global leader in a new category called Zero-Party-Data, which allows consumers to take control of their data, and choose what data to share with companies, in exchange for fair and immediate payment. The investment will also be used to enhance CitizenMe’s edge computing AI capabilities, and grow its presence in the US and UK markets.
Baker Botts represented CitizenMe.
Baker Botts Lawyers/Office Involved:
Corporate: David Ramm (Partner, London); Sonia Namutebi (Associate, London), Zita Chan (Associate, London).
For more information, please see CitizenMe’s news release by clicking here.
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