Securiti announces a $75M Series C Funding RoundView
Company Recognized for Achievements in Cybersecurity
SAN JOSE, Calif. -- April 7, 2021 -- Securiti , the leader in AI-powered Data Privacy and Security, today announced it was selected for the fifth annual AI 100 ranking of the 100 most promising private artificial intelligence (AI) companies in the world. The company was recognized in the cybersecurity application category.
“Last year's AI 100 companies had a remarkable run after being named to the list, with more than 50% going on to raise additional financing (totaling $5.2B), including 16 $100 million+ mega-rounds. Many also went on to exit via M&A, SPAC or IPO,” said CB Insights CEO Anand Sanwal. “As industry after industry adopts AI, we expect this year’s class will see similar levels of interest from investors, acquirers and customers.”
“We are honored to be one of only five cybersecurity companies named to the CB Insights AI 100 List this year,” said Rehan Jalil, CEO of Securiti. “Exponential growth of data brings huge opportunities and obligations for companies. We are committed to AI driven innovations to help organizations fulfill their obligations of keeping data secure from outsiders and insiders, complying with global data and privacy regulations and maintaining customer trust.”
Through an evidence-based approach, the CB Insights research team selected the AI 100 from a pool of over 6,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
Organizations are experiencing an exponential growth in data, which creates business opportunities, but also exposes companies to potential liabilities. Intermixed with all of this data is “sensitive data'', which is sought after by attackers, can be inadvertently exposed by insiders, and is subject to rigorous regulation such as GDPR, CCPA, HIPAA and others. Securiti’s AI-driven platform enables organizations to automate data privacy and security across hyperscale multicloud environments and protect this sensitive data.
Securiti’s Sensitive Data Intelligence (SDI™) applies AI/ML to automatically discover, classify, tag and catalog sensitive data across hundreds of structured and unstructured data stores including on-premises, SaaS, IaaS and cloud data lakes. Sensitive data is automatically linked to individual identities to allow organizations to automatically fulfill Data Subject Rights (DSR) requests, and other privacy tasks. Securiti’s platform allows organizations to monitor and protect against external and internal threats, enable granular access controls, identify compliance violations for reporting and automated remediation and investigate incidents and risky use of data.
About CB Insights
CB Insights builds software that enables the world's best companies to discover, understand and make technology decisions with confidence. By marrying data, expert insights and work management tools, clients manage their end-to-end technology making process on CB Insights. To learn more, please visit www.cbinsights.com.
Securiti is the leader in AI-Powered Security, Privacy, Governance and Compliance for data across multi-cloud, SaaS and hybrid environments. Organizations globally rely on Securiti to secure and govern data, meet global privacy regulations and stay compliant. Securiti was winner of the “Most Innovative Startup” at the 2020 RSA Conference, winner of the “IAPP Privacy Innovation Award” and named one of the “Top 25 Machine Learning Startups 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.
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