Private
8 months ago
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BigID

AI Business
New York, New York, USA
funded over $100 million

Category

AI Business
Cybersecurity

BigID, founded in 2016 and headquartered in New York City, specializes in data intelligence solutions that empower organizations to discover, manage, protect, and derive value from their sensitive and personal data across various environments, including cloud and on-premises systems. The company’s platform addresses critical areas such as data privacy, security, compliance, and governance, enabling businesses to meet regulatory requirements and enhance data management practices.

BigID has attracted substantial investment from a diverse group of investors. Notable backers include Riverwood Capital, Silver Lake, Advent International, Bessemer Venture Partners, and Salesforce Ventures. As of February 2024, the company has raised a total of $306.1 million over multiple funding rounds, with a Series E round securing $60 million.

What sets BigID apart is its innovative application of artificial intelligence and machine learning to data discovery and classification. The platform utilizes advanced AI-driven techniques to automatically identify and catalog sensitive data, providing organizations with deep insights into their data assets. This capability enhances data security, ensures compliance with evolving regulations, and facilitates effective data governance. Additionally, BigID’s platform includes features like the detection of unmanaged AI models and the use of generative AI for document clustering, further strengthening its data management offerings.

In the artificial intelligence landscape, BigID operates within the category of AI-driven data management and security. The company leverages machine learning algorithms to automate and enhance processes related to data discovery, classification, and protection, addressing complex challenges in data privacy and compliance. By integrating AI into its platform, BigID enables organizations to proactively manage their data assets, mitigate risks, and adhere to regulatory standards.

For more information, please visit bigid.com.

 

 

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