Effective Date: As of December 31, 2023
This Privacy Policy describes the policies and procedures of AlabVentures Business (“AlabVentures,” “we,” “us,” or “our“) regarding the collection, use, and disclosure of personal information when you use our website (the “Site”) and the services offered through the Site (the “Services”).
1. Information We Collect
We collect several types of information from and about users of our Site and Services, including:
- Personal Information: Information that identifies you as an individual, such as your name, email address, postal address, phone number, and other contact information.
- Listing Information: Information provided by you when you create a business listing or list items for sale on our platform, including text, images, videos, and other media content.
- Usage Data: Information about your use of the Site and Services, including your IP address, browser type, operating system, referring URLs, pages visited, dates and times of access, and other usage details.
2. How We Use Your Information
We use the information we collect for various purposes, including to:
- Provide and improve our Site and Services;
- Facilitate transactions and communication between users;
- Customize and personalize your experience;
- Analyze trends and user behavior;
- Communicate with you about your account and our Services;
- Detect, investigate, and prevent fraudulent or illegal activities;
- Comply with legal obligations.
3. Data Sharing
We may share your information with third parties under the following circumstances:
- Service Providers: We may disclose your information to third-party service providers who assist us in operating our Site and Services, such as hosting providers, payment processors, analytics providers, and customer support services. These service providers are authorized to use your information only as necessary to provide services to us.
- Business Transfers: If AlabVentures is involved in a merger, acquisition, sale of assets, or other business transaction, your information may be transferred as part of the transaction. We will notify you by email and/or a prominent notice on our Site of any change in ownership or use of your personal information, as well as any choices you may have regarding your information.
- Legal Compliance: We may disclose your information if required to do so by law or in the good faith belief that such action is necessary to comply with legal obligations, protect and defend our rights or property, prevent fraud, enforce our agreements, or respond to government requests, including lawful requests by public authorities to meet national security or law enforcement requirements.
4. Data Security
We take reasonable measures to protect the security and confidentiality of your personal information, including:
- Implementing appropriate technical and organizational measures to safeguard your information;
- Regularly monitoring our systems for vulnerabilities and attacks;
- Limiting access to your information to authorized personnel who need it to perform their duties;
- Encrypting sensitive information transmitted between your browser and our servers using Secure Socket Layer (SSL) technology.
Despite our efforts to protect your information, no method of transmission over the internet or electronic storage is completely secure. Therefore, we cannot guarantee the absolute security of your information.
5. Your Choices
You have choices regarding the collection, use, and sharing of your information:
- Account Settings: You may review and update your account information by logging into your account settings. You may also delete your account entirely, although certain information may be retained as required by law or for legitimate business purposes.
- Communication Preferences: You may opt out of receiving promotional emails from us by following the instructions provided in the email or by contacting us directly. Please note that even if you opt out of receiving promotional communications, we may still send you transactional or administrative messages related to your account or our Services.
6. Children’s Privacy
Our Site and Services are not directed to individuals under the age of 18, and we do not knowingly collect personal information from children under 13. If you believe that we may have collected information from a child under 13, please contact us at [info@alabventures.com], and we will promptly delete such information from our records.
7. Changes to this Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any material changes to this Privacy Policy by posting the updated policy on our Site or by sending you an email notification. Your continued use of our Site and Services after the effective date of the revised Privacy Policy constitutes your acceptance of the terms.
8. Contact Us
If you have any questions, concerns, or complaints about this Privacy Policy or our privacy practices, please contact us at [info@alabventures.com].