BigID

BigID

BigID is a company that develops a platform for businesses to manage data protection and privacy compliance. It was established in 2016 by Dimitri Sirota and Nimrod Vax. The company is based in Tel Aviv, Israel.

Service

BigID focuses on providing software which can protect user personal information managed by companies. With each world region implementing different data protection and governance laws, BigID helps its clients ensure compliance through automatic identification of data inserted to its database. It also provides a method to categorize these inputted data, both automatically and through tagging. BigID allows the users of their software to determine who, within their company, can access what data as well. It also has a built-in risk management function for privacy and data protection, alongside a notification when a data breach occurs.

Funding

Since March 2016, BigID has managed to raise $96.1 million across four funding rounds, including a seed round which raised $2.1 million. Its most recent round was a Series C held on September 2019, amassing $50 million. Past investors include Bessemer Venture Partners, Scale Venture Partners, and ClearSky Security.

Timeline

September 2019

BigID raises a $50,000,000 series C round from ClearSky, Bessemer Venture Partners, BoldStart Ventures, SAP, Scale Venture Partners, Comcast Ventures, SAP.iO Fund and Salesforce Ventures.

June 2018

BigID raises a $30,000,000 series B round from ClearSky, BoldStart Ventures, Scale Venture Partners, Comcast Ventures, SAP.iO Fund and Information Venture Partners.

January 2018

BigID raises a $14,000,000 series A round from Comcast Ventures, ClearSky Security and SAP.iO Fund.

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Anthony Ha
January 6, 2020
TechCrunch
The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. If you'd like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Amazon drives deeper into cars with new Alexa partners, Echo Auto expansion Amazon just announced partnerships with Lamborghini and Rivian, new [...]
Ron Miller
January 6, 2020
TechCrunch
Almost exactly 4 months to the day after BigID announced a $50 million Series C, the company was back today with another $50 million round. The Series D came entirely from Tiger Global Management. The company has raised a total of $144 million. What warrants $100 million in interest from investors in just four months [...]

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