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Near acquires Teemo to expand its data business into Europe – TechCrunch

Two companies in the data business are teaming up, with Near announcing that it has acquired French startup Teemo. “They were the first company certified by the French Data Protection Officer as GDPR compliant.” (That certification came after it was one of the first companies to be admonished under GDPR.) Teemo’s founder and CEO Benoit Grouchko will become Near’s chief privacy officer, and the rest of the Teemo workforce will be joining Near as well, Mathews said. Near could potentially expand into other markets by making similar acquisitions in the future, Mathews added. “We are very excited to join the Near family with whom we share a common DNA of technology and performance,” Grouchko said in a statement.

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