BigID Inc., a NYC- and Tel Aviv, Israel-based provider of enterprise data protection and privacy solutions, raised $30m in Series B funding.
The round, which brings total funding to date to $46.1m, was led by new investor Scale Venture Partners with participation from previous investors ClearSky Security, Comcast Ventures, BOLDstart Ventures, Information Venture Partners and the SAP.iO Fund. In conjunction with the funding, Ariel Tseitlin, partner at Scale Venture Partners, joined BigID’s board of directors.
The company will use the funds to scale go-to-market and accelerate product introductions.
Led by Dimitri Sirota, CEO, BigID provides a data-driven enterprise privacy management and personal data protection platform. The solution leverages machine learning and identity intelligence to allow enterprises to find, protect and govern personal data at scale and meet emerging privacy and data protection regulations like the EU’s General Data Protection Regulation (GDPR).
The company also has a European office in London.