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SECURITI.ai recognized for leading PrivacyOps platform, PRIVACI.ai
SAN JOSE, California – January 29, 2020 – SECURITI.ai, the leader in PrivacyOps and data security automation, has been named one of 10 finalists for the RSA Conference 2020 Innovation Sandbox Contest for its work on PRIVACI.ai, the world's first PrivacyOps platform for all-in-one compliance. On Monday, February 24, SECURITI.ai will present its cybersecurity technology to a panel of renowned industry judges and a live audience at RSA Conference 2020 in San Francisco.
Since 2005, the RSAC Innovation Sandbox has served as a platform for the most promising young cybersecurity companies to showcase their groundbreaking technologies and compete for the title of “Most Innovative Startup.” The competition is widely recognized as a catapult for success, as the top 10 finalists have collectively seen 48 acquisitions and $5.2 billion in funding over the last 15 years. SECURITI.ai will have three minutes to pitch the panel of judges before a question-and-answer round.
“The cybersecurity industry faces constant changes and challenges, and we need bold thinkers like the companies represented at RSAC Innovation Sandbox to drive the industry forward and protect the world against new threats,” said Linda Martin Gray, Senior Director and General Manager, RSA Conference. “We are always blown away by the caliber of ideas presented on stage, and perhaps even more exciting, the impact the companies and the bright minds behind them ultimately make on the world after the Conference concludes.”
On Jan.1, 2020, California’s Consumer Privacy Act (CCPA) went into effect, giving consumers the right to ask any company what data is being collected about them, how it’s being used and be able to ask enterprises to stop selling and even erasing their personal data. Many companies that handle data from thousands of California users lack the technology and internal resources to handle every request, which can lead to fines of up to $7,500 per user.
That’s why SECURITI.ai built PRIVACI.ai. The PRIVACI.ai platform automates all major functions needed to comply with a myriad of complex global privacy regulations in one place, using the power of artificial intelligence and skillful bots. The patent-pending People Data GraphTM technology scans on-prem and cloud data systems to identify personal data and map that data to its owner. Harnessing this real-time view of personal data, PRIVACI.ai automates the processing of data subject requests, consent revocation across systems, breach notifications and vendor assessments saving organizations significant time and money. Yesterday, the company announced their latest $50M Series B round led by General Catalyst and Mayfield, in addition to the launch of their Freemium and Self Serve products.
“Most companies want to better protect their consumers data but don’t have the resources or tools to do so at scale,” said Rehan Jalil, President & CEO of SECURITI.ai. “Our AI-powered PrivacyOps solution makes compliance simple and empowers our partners to protect their customers’ rights to privacy.”
The RSAC Innovation Sandbox Contest kicks off at 1:30 p.m. PT on February 24 and winners will be announced at 4:30 p.m. that same day. Dr. Herbert (Hugh) Thompson, Program Committee Chair of RSA Conference, will return to host the contest. The panel of renowned expert judges includes Asheem Chandna, Partner, Greylock Partners; Scott Darling, President, Dell Technologies Capital; Dorit Dor, VP Products, Check Point Software Technologies; Patrick Heim, Partner and CISO ClearSky; and Paul Kocher, Researcher and Entrepreneur.
For more information regarding RSA Conference 2020, taking place at the Moscone Center in San Francisco from February 24-28, please visit https://www.rsaconference.com/usa.
SECURITI.ai is the leader in AI-Powered PrivacyOps, that helps automate all major functions needed for privacy compliance in one place. It enables enterprises to give rights to people on their data, be responsible custodians of people’s data, comply with global privacy regulations like CCPA and bolster their brands.
The company was formed with an all-star team of executives and technologists from Symantec, Elastica, Bluecoat and Cisco. President and CEO, Rehan Jalil, was previously the CEO of Elastica and SVP and GM of Cloud Security at Symantec. Before Symantec, Jalil merged his last company Elastica for $280 million with Bluecoat, and the combined company was subsequently acquired by Symantec for $4.7 billion. The company is headquartered in San Jose, CA. To learn more, please visit SECURITI.ai.
RSA Conference is the premier series of global events and on-demand programs where the world talks security and leadership gathers, advances and emerges. Whether attending in the US, the EMEA region, the Asia-Pacific region or online, RSA Conference events are where the security industry converges to discuss current and future concerns and get access to the people, content and ideas that help enable individuals and companies to win, grow and do their best. It’s about bringing all people in the cybersecurity industry together and empowering the collective “we” of the cybersecurity industry to stand against cyberthreats around the world. RSA Conference is the ultimate marketplace for the latest technologies and hands-on educational opportunities that help industry professionals discover how to make their companies more secure while showcasing the most enterprising, influential and thought-provoking thinkers and leaders in security today. For information on events, online programming and the most up-to-date news pertaining to the cybersecurity industry visit www.rsaconference.com.
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