BigID, Inc., a NYC-based enterprise data protection and privacy platform for personal data, raised $14m in Series A funding.
Backers included new investors ClearSky Security, Comcast Ventures and the SAP.iO Fund, among others and previous investors including BOLDstart Ventures. In conjunction with the funding, ClearSky Security Managing Director and former Blackstone CISO Jay Leek joined BigID’s board of directors.
The company, which has raised $16.1m in total funding to date, will use the capital to grow its engineering team in Israel and expand global sales and marketing to accelerate the adoption of its platform.
Led by Dimitri Sirota, CEO, BigID provides a data-driven personal information (PI) protection, privacy and governance platform which combines machine learning with identity intelligence to find, track and de-risk identity data at petabyte scale, safeguard and assure the privacy of their most sensitive data, reducing breach risk and enabling compliance with emerging data protection regulations like the EU General Data Protection Regulation.
The company has engineering headquarters in Tel Aviv, Israel.