BigID Raises $60M in Growth Funding to Spearhead Expansion in AI Data Security and Compliance
BigID stands at the forefront of the data security and compliance industry, offering innovative solutions to navigate the complex landscape of data-centric security, privacy, and governance.
Company Name: BigID
Location: NYC, USA
Sector: AI-Augmented Data Security
Funding Details: Raised $60M in Growth funding, bringing total capital to $320M at over a $1B valuation. The round was led by Riverwood Capital, with participation from Silver Lake Waterman and Advent.
Purpose of Investment: To fuel both organic and inorganic growth initiatives in AI data security and compliance.
Leadership: CEO Dimitri Sirota
Product: BigID provides a comprehensive suite for organizations to understand their data across the enterprise, enabling proactive data management, protection, compliance, and value extraction. Its platform is pivotal for managing regulated, sensitive, and personal data across various environments, including public and private clouds. Recently, BigID launched new data hygiene features tailored for the generative AI data pipeline, enhancing capabilities from discovery to staging and enrichment, alongside novel controls for monitoring model access to sensitive information.
About Company: BigID stands at the forefront of the data security and compliance industry, offering innovative solutions to navigate the complex landscape of data-centric security, privacy, and governance. With its advanced platform, BigID is setting the standard for responsible and trusted AI, addressing the challenges associated with unstructured training data, including quality, bias, privacy, and sovereignty.
