Mr. Web: BigID Adds $30m to Series D Funding

Enterprise data discovery and intelligence provider BigID has raised $30m in a Series D financing extension, bringing the total raised in the round to $100m, and valuing the company at $1.25 billion. The new investment will be used to expand globally.

BigID uses purpose-built technology and data science skills to help clients manage and protect their customer data and meet regulations like the CCPA and GDPR. Users can discover and map all types of data from enterprise data sources; automatically classify, correlate and catalog identity and entity data into profiles; manage and protect enterprise data with advanced data intelligence; and automate privacy and data protection.