jSonar, a Boston, MA-based Modern Database Security platform provider, received a $50m investment from Goldman Sachs in its first institutional round of funding.
As part of the transaction, David Campbell, a Managing Director in the Merchant Banking Division of Goldman Sachs, will join the jSonar Board.
Led by Ron Bennatan, Co-founder & Chief Technologist, and Ury Segal, Co-founder & R&D Leader, jSonar allows companies to address database security and compliance needs, simplifying the process of establishing database protection while reducing cost.
Over the last few years, the company jSonar has seen rapid platform adoption by marquee enterprise customers in the financial services, healthcare and insurance industries within the Fortune 500, including 5 out of 10 of the world’s largest banks.
The platform has grown to support over 60 database platforms out-of-the-box, spanning Amazon Web Services, Google Cloud Platform (GCP), Microsoft Azure, Snowflake, MongoDB, Cassandra, Hadoop, Teradata and more.