1touch.io, a Stamford, CT-based provider of data discovery, privacy, and security solutions, secured a $14m Series A funding round.
Backers included National Grid Partners (NGP), Jerusalem Venture Partners (JVP), Connecticut Innovations, Mindset Ventures, and Ocean Azul Partners. In conjunction with the funding, Pradeep Tagare, vice-president at NGP, will join 1touch.io’s board of directors.
The company will use the funds to increase its RD and field presence.
Co-founded by Zak Rubinstein, Dimitry Shevchenko, Itzhak Assaraf, 1touch.io provides network-based data discovery solutions that allow the enterprise to identify, in a continuous, automated, and accurate manner, all data repositories inside the organization that store sensitive data such as PII, PHI and PCI-related, as well as the business processes that access, replicate, move and update such data repositories. This continuous discovery maps such business processes within the organization or across the organization’s perimeter to the cloud; thereby providing a holistic view of how sensitive information is used, while creating a master catalog, enabling heightened security and compliance with GDPR, CCPA, PCI, HIPAA, and other regulations.