Metomic Raises $20M in Series A Funding


Metomic, a London, UK-based provider of a data security solution for protecting sensitive data, raised $20M in Series A funding.

The round was led by Evolution Equity Partners with participation from Resonance and Connect Ventures.

The company intends to use the funds for U.S. expansion efforts and research and development initiatives.

Led by CEO Rich Vibert, Metomic gives security teams clear visibility into their organization’s SaaS network to manage sensitive data and detect security threats, allowing businesses to take advantage of their SaaS application network. This includes the ability to deliver real-time notifications directly to employees when they have uploaded sensitive data into the wrong environment, essentially enabling a human firewall across the organization.

Metomic is giving organizations visibility and control of their data across collaborative SaaS applications, including Google Apps, Slack, Jira, and Zendesk by connecting to the data layer of these popular work tools. It allows security professionals to see what data is being stored, where it is, and who has access to it.

Currently, the company has customers across Europe and North America, with 50% of its customers based in the U.S. It plans to quadruple employee headcount by the end of the year, with its sales and marketing functions headquartered in the U.S.