Cognigo, a Tel Aviv, Israel – based AI-driven enterprise platform for data protection and compliance, completed an $8.5m Series A funding round.
The round was led by OurCrowd.com, with participation from Prosegur (BME: PSG), and State of Mind Ventures.
The company intends to use the funds to expand global sales and marketing expansion and product development, as well as further accelerate investment in its platform.
Led by CEO and Founder Guy Leibovitz, Cognigo provides a platform for data protection and compliance that offers a single point of control to manage and secure critical data, sensitive assets and PIIs. Its AI-driven solution provides a human-free data discovery, classification and protection platform, which supports structured and unstructured data – both for on premise and cloud data silos.