Business Insider: BigID Welcomes $30M Investment from Advent International, Valuing BigID at $1.25B

NEW YORK and TEL AVIV, Israel, April 22, 2021 /PRNewswire/ — BigID, a leader in data discovery and intelligence for privacy, protection and perspective, today announced a $30 million investment from Advent International, one of the largest and most experienced global private equity investors, through Advent Tech, extending the company’s $70 million Series D financing raised in December 2020. BigID has raised $200 million over four rounds since September 2019, a pace that illustrates the demand for BigID’s novel and modern approach to data management. This latest financing brings BigID’s valuation to $1.25 billion.