• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Venture Capital Matters

#VentureCapital: VC meets social media

  • Pitch a Startup
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

BigID, the leader in privacy-oriented data discovery, intelligence and automation, raised $50 million

January 6, 2020 By 3v.org Leave a Comment

BigID, the leader in privacy-oriented data discovery, intelligence and automation today announced that it has raised $50 million in new funding from Tiger Global less than four months after previously raising a $50M Series C. The new capital will be used to deliver new products in privacy and protection of personal data along with expansion of go-to-market strategies across the globe.

With $144 million raised in less than two years, BigID has established itself as a leader in privacy-centric data discovery and intelligence to help enterprises automate privacy compliance activities like data access rights, data sharing management, and consent governance. With the California Consumer Privacy Act becoming law in 2020 and new state and global regulations set to follow, BigID is poised to build on this leadership to help enterprises better know and better protect their most important data crown jewels.

“Since starting in 2016, BigID has aimed to rethink how organizations provide data accountability to their customers through more intelligent data accounting,” explained Dimitri Sirota, CEO and co-founder of BigID. “Before BigID, data privacy was largely about policy and process. BigID put data at the center, redefining how enterprises find, manage and protect their most important asset: their customer and employee data. The new funding reflects the success BigID has achieved with customers and partners in a few short years and positions the company to maintain its innovation leadership for years to come.”

Some highlights from the past two years include:

– 2019 sales growth of 4x over 2018
– $44M raised in 2018 followed by $100M raised in 2019 https://bigid.co/A https://www.bigid.co/B https://www.bigid.co/C
– Introduced first-of-its-kind identity correlation technology for finding and mapping personal data to any person across any data source
– Introduced first data access request fulfillment technology into the privacy market for automating CCPA and GDPR data rights https://www.bigid.co/privacyautomation
– Won the 2018 RSA Innovation Sandbox followed by 17 other awards and commendations for data, privacy and security innovation
– Global sales expansion to Europe, Latin America and Asia https://bigid.co/global
– Achievement of Microsoft co-sell ready status https://bigid.co/cosell-ready/
– Becoming an SAP Solex global reseller https://bigid.co/sap-solex
– Introduced BigID Enterprise, with an expanded set of automations
– Strategic investment by Salesforce Ventures https://medium.com/salesforce-ventures/bigid
– Introduced the industry’s first data discovery and intelligence solution for modern data pipelines like Kafka and Kinesis https://www.bigid.co/kafka
– Joining the AWS marketplace https://bigid.co/aws

About BigID:
Based in New York and Tel Aviv, BigID uses advanced machine learning and identity intelligence to help enterprises better protect their customer and employee data at petabyte scale. Using BigID, enterprises can better safeguard and assure the privacy of their most sensitive data, reducing breach risk and enabling compliance with emerging data protection regulations like the EU’s General Data Protection Regulation and California Consumer Privacy Act. BigID has raised $146 million in funding since its founding in 2016 and has been recognized for its privacy innovation as the 2018 RSA Conference Innovation Sandbox winner, a CB Insights 2018 Cyber Defender, Network Products Guide 2018 IT World Awards “Hot Company of the Year” winner, a 2019 InformationWeek Vendor to Watch, a 2019 Business Insider enterprise vendor “to bet your career on,” and a 2019 World Economic Forum Technology Pioneer. Learn more at http://bigid.com

Related

Filed Under: PR Tagged With: automation, BigID, intelligence, privacy-oriented data discovery

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

RSS Market Research Media

  • America’s 100 largest housing markets are overpriced
  • How do media companies perform in digital transformations?
  • A six-step forecasting methodology
  • New skills will be required for the future world of work
  • Two biggest barriers to wider adoption of XR are user experience and limited content
  • The current market value for AR/VR/MR is around $30.7B, and the worldwide market may rise to $300B by 2024
  • Global asset classes compared by market cap in 2021
  • Russian oil production succumbing to the impact of Western sanctions
  • Russia’s default on its foreign debt is around the corner
  • BRIC Investment Funds Have Taken a Beating This Year

RSS Market Analysis

  • Another pandemic may be on the horizon: antimicrobial resistance
  • Low-carbon fuels will be essential for decarbonization
  • Blue hydrogen becoming increasingly cost competitive
  • The construction industry is responsible for 11% of the world’s man-made carbon emissions
  • Military Applications of Quantum Technology
  • New Technologies to Disrupt Traditional Renewable Fuels
  • Australia approves a drought-tolerant genetically modified strain of wheat for use in food
  • The Pentagon’s FY2023 budget request for hypersonic-related research is $4.7 billion
  • Middle East and North Africa region’s economies grew by 5.8% in 2021
  • Job openings hit a record high March

RSS Technologies

  • Cloudflare Unveils New SQL Database Offering
  • Cloudflare announces Workers for Platforms
  • Intel is rolling out new processors designed for data centers
  • EU moves to wean itself off Russian fossil fuels
  • A New Hydrogen-Powered Behemoth
  • BAE Systems to Bring Next-Generation Electric Drive System to Heavy-Duty Industrial Vehicle Market
  • MEMS Speakers Are Replacing Balanced Armature Speakers
  • Trends in data and analytics
  • Apple takes another step towards EV development
  • French company captures methane leaking from abandoned mines

Copyright © 2018 3V.org

Technologies, Market Analysis & Market Research Reports

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT