Secludy Acquisition | Technology Deal in CA

Secludy has completed the acquisition of Secludy, a enterprise software business in California, for $4M. Secludy provides privacy-tech software for banks, payments firms, and fintech companies that need to train generative AI on proprietary financial data without exposing customer records. The platform supports AI vendor evaluation and model testing while enforcing privacy, legal, and security controls across transaction histories, fraud patterns, and support logs. The other acquisition is structured as a seed funding round to accelerate rollout, with Impression Ventures leading and Wedbush Ventures plus multiple fintech-focused investors participating. The technology M&A rationale centers on enabling faster enterprise GenAI deployment in CA by reducing review cycles and lowering risk for enterprise software acquisition decisions.