Dataguise, a Fremont, CA-based provider of data security intelligence and protection solutions, closed a $13m Series B funding round.
The round was led by Toba Capital with additional participation from the investment arm of an undisclosed electronic conglomerate. In conjunction with the funding, industry veterans Vinny Smith and Paul Sallaberry have been appointed to Dataguise’s Board of Directors.
The company intends to use the funds tp further expand global sales, marketing, channel development, and support efforts, as well as to continue to innovate its DgSecure™ suite of products.
Led by Manmeet Singh, CEO, Dataguise provides data privacy protection and compliance intelligence for sensitive data assets stored in both Big Data and traditional repositories. Its centrally managed solutions allow companies to maintain a complete view of their sensitive data, evaluate their compliance exposure risks, and use the most appropriate remediation policies, whether the data is stored on premises or in the cloud.