SAN JOSE, Calif. -- SECURITI.ai, the leader in PrivacyOps and data security automation, today announces $50 million in Series B financing led by General Catalyst with participation from Mayfield. The latest round comes months after the company’s Series A and brings total fundraise to $81 million. The company is also announcing growth milestones, international expansion and senior management additions.
Since its launch, SECURITI.ai has garnered momentum and growth in key areas:
- Customer Adoption -- The company’s PRIVACI.ai platform has seen rapid adoption and has processed over 100 million identities
- Global Presence -- The company has expanded into new regions, including South America, Canada and APAC
- Team Expansion -- New executives were added, including VP Sales, VP Marketing and VP APAC, in addition to overall team growth
- Product Additions -- New Freemium and Self-Serve offerings have been added, along with additional product enhancements
“We have closely watched the SECURITI.ai team execute on their mission and it’s convinced us to double down on our investment in the company. The SECURITI.ai team has leveraged its deep enterprise cloud security, data protection and governance expertise to build a unique PrivacyOps platform that customers are excited about,” said Dr. Steve Herrod, Managing Director at General Catalyst. “Privacy of personal information is of growing concern across the globe, and SECURITI.ai is very well-positioned to help companies properly provide this privacy and comply with increasing regulations.”
Solving New Privacy Challenges
SECURITI.ai enables enterprises to be responsible custodians of their consumer’s data, comply with global privacy regulations and bolster their brands. It is the only platform that addresses all critical challenges organizations face with modern privacy compliance:
- Automatically and accurately find all the personal data within an organization across on-prem and cloud data systems and mapping that data to its owner with AI-driven bots
- Drastically reduce the time and cost to fulfill individuals’ data requests and other compliance requirements by leveraging robotic automation
- Automating consent revocation across systems and vendor assessments and facilitating breach notifications
To learn more about how PRIVACI.ai works, you can watch the video here.
