[Ai]THORITY: BigID Announces $70 Million In New Investment, Raising The Company’s Valuation To $1Billion

BigID, a leader in data discovery and intelligence for privacy, protection and perspective, today announced a $70M million series D financing, bringing the valuation to over $1 Billion. The new investment is the third in a little over a year and follows BigID being named to the 2020 Forbes Cloud 100. The transaction comprised both primary and secondary shares.