BigID

Enterprise Software

Founded: 2016

Last Round Valuation: $1.9B

BigID is a leading data privacy and protection platform that helps organizations manage and protect their sensitive data. With advanced machine learning and artificial intelligence capabilities, BigID offers comprehensive data intelligence and data protection solutions. Its platform enables companies to discover, classify, and monitor personal and sensitive data, ensuring compliance with data privacy regulations and mitigating the risk of data breaches. Headquartered in New York City, BigID is trusted by organizations across various industries to enhance data governance and protect customer privacy.

BigID Overview:

BigID is a data privacy and protection platform that provides organizations with comprehensive data intelligence and protection solutions. The company was founded in 2016 by Dimitri Sirota and Nimrod Vax, and it is headquartered in New York City, USA.

BigID's platform utilizes advanced machine learning and artificial intelligence technologies to discover, analyze, and manage sensitive and personal data across various data sources within an organization. It enables companies to gain a holistic understanding of their data landscape, including data classification, data lineage, and data access controls. By automating data discovery and mapping, BigID helps organizations identify and categorize personal information, enabling compliance with data privacy regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

One of the key features of BigID is its ability to provide data intelligence and data protection in real time. The platform continuously monitors data usage and identifies any potential privacy risks or data breaches. It also offers data access controls, enabling organizations to enforce policies and permissions to ensure data privacy and security.

BigID's solutions are designed to help organizations address data privacy and protection challenges across various industries, including financial services, healthcare, retail, and technology. The platform is scalable and adaptable to meet the specific needs of different organizations, from small businesses to large enterprises.

Through its comprehensive data privacy and protection capabilities, BigID enables organizations to enhance their data governance practices, minimize the risk of data breaches, and build trust with their customers by demonstrating compliance with privacy regulations.

Founders:

  • Dimitri Sirota

  • Nimrod Vax

Top Investors:

  • AP.io Fund

  • Advent International

  • BOLDstart Ventures

  • Bessemer Venture Partners

  • Boldstart Ventures

  • ClearSky

  • ClearSky Security

  • ClearSky Security Fund

  • Comcast Ventures

  • Deep Fork Capital

  • Genacast Ventures

  • Glynn Capital

  • Information Venture Partners

  • SAP.iO Fund

  • SAP.io

  • Salesforce Ventures

  • Scale Venture Partners

  • Tiger Global

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
May 2023 Series D-2 $42.6MM $257.88MM $7.63 $1.9B Undisclosed Investors
Apr 2021 Series D-1 $32.92MM $215.28MM $5.35 $1.26B Advent International
Dec 2020 Series D $61.2MM $182.36MM $4.43 $1B Salesforce Ventures, Tiger Global, Glynn Capital
Jan 2020 Series C-1 $35MM $121.16MM $2.86 $579.4MM Tiger Global
Sep 2019 Series C $50MM $86.16MM $1.77 $350.01MM Bessemer Venture Partners, AP.io Fund, Comcast Ventures
Jun 2018 Series B $20MM $36.16MM $0.71 $117.38MM Scale Venture Partners, ClearSky Security, Comcast Ventures
Jan 2018 Series A-1 $11.25MM $13.35MM $0.44 $55.98MM Comcast Ventures, SAP.io, ClearSky Security Fund
Jan 2018 Series A-3 $1.26MM $3.36MM $0.24 $55.98MM Comcast Ventures, SAP.io, ClearSky Security Fund
Jan 2018 Series A-2 $1.55MM $3.65MM $0.14 $55.98MM Comcast Ventures, SAP.io, ClearSky Security Fund
May 2016 Series Seed $2.1MM $2.1MM $0.10 $10.5MM Genacast Ventures, BOLDstart Ventures, Deep Fork Capital

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