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Venture Capital Startups

Former Snap Executives Raise Funds for a ‘TurboTax for Privacy’

Two former Snap executives have raised a first round of funding for a new startup building what they describe as a TurboTax for privacy. 

TerraTrue, created by former Snap chief security officer Jad Boutros and former general counsel Chris Handman, recently closed a $4.5 million round of seed funding led by Anthos Capital—a venture firm that is also run by another former Snap executive, Emily White. Startup investor Chris Sacca and Neal Katyal, former Acting Solicitor General of the U.S. under President Barack Obama, also participated in the round.