BigID, a New York and Tel Aviv, Israel-based provider of privacy-oriented data discovery, intelligence and automation solutions, raised $50m in new funding.
Tiger Global made the investment.
The company, which has raised $146m in funding since its founding in 2016, intends to use the capital to deliver new products in privacy and protection of personal data along with expansion of go-to-market strategies across the globe.
Led by Dimitri Sirota, CEO and co-founder, BigID uses advanced machine learning and identity intelligence to allow enterprises to protect their customer and employee data at petabyte scale.
Using BigID, enterprises can safeguard and assure the privacy of their most sensitive data, reducing breach risk and enabling compliance with emerging data protection regulations like the EU’s General Data Protection Regulation and California Consumer Privacy Act.