Securiti announces a $75M Series C Funding RoundView
Company Recognized for Innovations in Automation,
Ease of Use and Return on Investment
SAN JOSE, Calif. -- April 28, 2021 -- Securiti, the leader in AI-powered Data Security and Privacy, today announced it is positioned as a leader in the inaugural IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment. Companies were evaluated based on comprehensive criteria related to capabilities and strategies, including customer satisfaction, functionality, innovation, total cost of ownership and more. The report recognizes Securiti as a pioneer of PrivacyOps and software platforms that provide simple, intuitive, and automated data privacy compliance functionality. The report also states Securiti is poised for strong growth in the years to come.
The IDC MarketScape stated, “Securiti has a deep focus on automating as much of the privacy compliance activities as possible. Many in the market tout their solution as automating privacy compliance but then fall short of the mark in production. Securiti customers interviewed in conjunction with this study said that Securiti's automation is ‘as advertised’.” The IDC MarketScape also highlighted Securiti’s favorable user experience, commenting “Securiti is enterprise software with a consumer software feel.” Another strength highlighted in the IDC MarketScape was the return on investment, observing “The customers all reported that the software paid for itself in risk mitigation very quickly.
“We are honored that our PrivacyOps solution is positioned as a Leader in the inaugural IDC MarketScape for data privacy management software,” said Rehan Jalil, CEO of Securiti. “Securiti’s PrivacyOps solution enables sensitive data intelligence driven automation to operationalize modern privacy programs, providing customers global privacy compliance, cost savings and ease of use.”
The vendor evaluation is based on criterion expected to be most conducive to success in providing tools to enable data mapping, data flows, data subject access request (DSAR) management and data privacy impact assessment management and more to support enterprises both in the short and long term.
Get the IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment excerpt to learn why Securiti was recognized as a Leader.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Securiti is the leader in AI-Powered Security, Privacy, Governance and Compliance for data across multicloud and self-managed systems. Organizations globally rely on Securiti to secure multicloud data, meet global privacy regulations and stay compliant. Securiti was named the “Most Innovative Startup” at RSA Conference 2020, winner of the “IAPP Privacy Innovation Award”, and named a “Top 25 Machine Learning Startup to Watch in 2021,” by Forbes magazine. To learn more, please visit Securiti.ai or follow us on LinkedIn or Twitter.
Marc Gendron PR for Securiti
At Securiti, our mission is to enable enterprises to safely harness the incredible power of data and the cloud by controlling the complex security, privacy and compliance risks.
3031 Tisch Way Suite 110 Plaza West, San Jose,